1069-1075 Capitol Ave - Apartments FOR SALE


Hartford, CT 06106- West End
$1,625,000 USD
860-656-0205
1069-1075 Capitol Ave, Hartford, CT for Sale
$1,625,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

1069-1075 Capitol Ave
Hartford, CT 06106
West End


HIGHLIGHTS

  • Value-Add Potential
  • Convenient Location
  • Strong Rental Demographics & Demand

OVERVIEW

Horvath & Tremblay is pleased to present the sale of the multi-family investment property located at 1069-1075 Capitol Avenue in Hartford, Connecticut (the “Property”). The three-story brick building contains eighteen (18) residential units comprised of three (3), 2-Bedroom/1-Bathroom units, fourteen (14), 1-Bedroom/1-Bathroom units, and one (1) Studio unit with 12,189 square feet of living area in 17,533 square feet of gross area on a 0.18-acre lot. The Property is separately metered for electricity and cooking gas, which the tenants pay directly. The landlord is responsible for common area electric, gas-fired heat and hot water, and domestic water and sewer. 1069-1075 Capitol Avenue is well-located in the Parkville neighborhood of Hartford. The Property is positioned at the intersection of Rowe Avenue and Capitol Avenue, one of the area’s primary commercial thoroughfares, and is just 2.1-miles from downtown Hartford. The location offers convenient access to area highways, public transportation and retail amenities on nearby Prospect Avenue, New Park Avenue and Farmington Avenue. Additionally, the Property is approximately 1.5-miles from Trinity College and 2.3-miles from Hartford Hospital.

FOR SALE DETAILS

PRICE

$1,625,000 USD

PRICE/SF

$133 USD /SF

# OF UNITS

18

PRICE/UNIT

$90,278

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1929

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

R3

APN/PARCEL ID

HTFD-000112-000374-000109

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.