270-276 Bellevue Street, Hartford, CT 06120 (MLS # 170530819)

Price $1,100,000
Status Active
Size 9,264 sqft
Lot Size 20,430 sqft
Days on Market 554
Investors Take Notice Of This True One Of A Kind Immaculate Turn-Key 8 Unit Up/Down Condo Style Building Built In 1990. Rare To Find Such A Well Maintained Excellent Condition Property To Add To Any Portfolio. A Perfect Investment Property To Take Over And Begin Collecting Positive Monthly Cash Flow Income With Minimal Landlord Expenses. Each Unit Comes With Kitchen, Eating Area, Living Room, In Unit Laundry, Vinyl Windows, Separate Gas Heat Boiler, Water Heater, Electrical Breaker Panel, And Separate Full Basement. The Property Also Features A Fenced Level Lot With Patio Area And 14 Car Private Parking Lot. Just Blocks From Downtown, Restaurants, Dunkin' Park Baseball Field, St Francis Hospital, Bushnell Park, Museums, Easy Access To I-84 And Rte-91 Hwy. Rents Were Kept Extremely Below Market Value Because Occupants Are Members Of A Not-For-Profit Cooperative Structure. All Occupants Are Month-To-Month And Pay All Separate Utilities. Fully Rented And Up To Date Payments. Fair Market Rents Are $1800 For 4 Bedroom Units, $1600 For 3 Bedroom Units, $1400 For 2 Bedroom Units. This Building Comes With (2x) 4 Bed/2 Bath, (4x) 3 Bed/1.5 Bath, (2x) 2 Bed/1 Bath Totaling $153,600 Annual Gross Income. 8.3% Cap Rate. Sold As Is. To Schedule Showing: 24 Hours Notice And Email Proof Of Funds, Prequal Or LOI To Listing Agent Prior To Confirmation. Don't Miss Out On This Amazing Opportunity!
Property Type(s): Commercial
Last Updated 1/1/2024 Year Built 1990
County Hartford

Price History

Prior to Aug 4, '23 $1,300,000
Aug 4, '23 - Today $1,100,000

Additional Details

AIR None
HEAT Baseboard, Natural Gas
LOT 0.469 acre(s)
LOT DESCRIPTION Level
PARKING Off Street
SEWER Public Sewer
STORIES 3
TAXES 25894
UTILITIES Cable Available, Natural Gas Available
WATER Public
ZONING NX-1

Location

 

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Listing courtesy of eXp Realty
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