45 School St - Apartments FOR SALE


Hartford, CT 06106
$775,000 USD
203-314-4219
45 School St, Hartford, CT for Sale
$775,000 USD
Apartments - FOR SALE
1/31
null | 8.08% Cap Rate

45 School St
Hartford, CT 06106


HIGHLIGHTS

  • Location, Location!
  • Walk to Trinity Athletic Field & Hartford Hospital
  • Separate & Tenant Paid Hot Water & Electric
  • 6 Car-Detached Garages in Back + Off-Street Parking
  • TURN KEY + CASH FLOW
  • Can Be Purchased As Part of a Larger Portfolio

OVERVIEW

Location, Location! Don't miss this turn key asset walking distance to Hartford Hospital and Trinity Athletic Field. This property has (6) 2 bed, 1 bath apartments + a bonus of 6 garages in back. Apartments have an open EIK/LR floor plan, hardwood floors and various unit updates throughout the kitchens and baths. Stable tenant base and historically low vacancy. Separate & tenant paid utilities - hot water and electric. 2 tenants pay heat and owner pays heat for 4 units. Cash flow investment opportunity with a desirable location for tenants with easy access to Downtown, Hartford Hospital, Trinity College, the highway, public transportation + lots of shops and restaurants. This property can also be purchased with the following: 18 S Whitney (6 units), 160 Lawrence St (6 units), 100 Preston St (6 units) and 143 Putnam St (6 units).

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$82 USD /SF

# OF UNITS

6

PRICE/UNIT

$129,167

CAP RATE

8.08%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Location & Cash Flow!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

R2

APN/PARCEL ID

HTFD-000229-000548-000104

ASK ABOUT THIS PROPERTY

Amanda SheehanOxford RealtyMore Info
203-314-4219

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Amanda SheehanOxford RealtyMore Info
203-314-4219

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.