820 Wethersfield Ave - Apartments FOR SALE


Hartford, CT 06114- South End
$3,200,000 USD
860-656-0205
820 Wethersfield Ave, Hartford, CT for Sale
$3,200,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

820 Wethersfield Ave
Hartford, CT 06114
South End


HIGHLIGHTS

  • Convenient Location
  • Value Add Potential
  • Off-Street Parking
  • Separate Utilities
  • Brick Construction
  • Strong Rental Demographics & Demand

OVERVIEW

Horvath & Tremblay is pleased to present the sale of the multi-family investment property located at 820 Wethersfield Avenue in Hartford, Connecticut (the “Property”). The three-story brick building contains forty (40) residential units comprised of four (4) Studio units, thirty-two (32), 1-Bedroom/1-Bathroom units, and four (4), 2-Bedroom/1-Bathroom Units with 27,046 square feet of living area in 30,223 total square feet on a 0.68- acre parcel. The well-maintained Property has an on-site laundry facility and offers ample on-site parking for residents. 820 Wethersfield Avenue is well-located in a densely populated residential neighborhood in Hartford’s south-end. The property, located in an opportunity zone, is positioned along Wethersfield Avenue and is seconds from Franklin Avenue and Silas Deane Highway, three of the area’s primary commercial thoroughfares. The Property is 2.25-miles from downtown Hartford, and the location offers convenient access to area highways, public transportation, retail amenities, and major area employers.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$116 USD /SF

# OF UNITS

40

PRICE/UNIT

$80,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1968

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

NX-2

APN/PARCEL ID

HTFD-000277-000815-000218

ASK ABOUT THIS PROPERTY

Tim HinesHorvath & TremblayMore Info
860-656-0205

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Tim HinesHorvath & TremblayMore Info
860-656-0205

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