12-16 Groton St - Apartments FOR SALE


Hartford, CT 06106- Sheldon Charter Oak
$3,675,000 USD
860-977-2625
12-16 Groton St, Hartford, CT for Sale
$3,675,000 USD
Apartments - FOR SALE
1/124
null | Request Cap Rate

12-16 Groton St
Hartford, CT 06106
Sheldon Charter Oak


OVERVIEW

16 Groton Street offers the opportunity to enter the Charter Oak/South End neighborhood market of Hartford with an attractive multifamily investment. 16 Groton Street consists of 35 apartment units sitting on an attractive site. The unit mix of this building offers 11 studio, 16 one bedroom, and 8 two bedroom units. Significant capital improvements were made on this property over the past several years. The property features newer heat/hot water systems, renovated apartment units and a newly built laundry room. Located on Groton Street, this property sits in the Charter Oak/South End neighborhood of Hartford. The Charter Oak neighborhood is located adjacent to Hartford Hospital, the Institute for the Living and Trinity College. The neighborhood is dominated by one to three family homes. Wethersfield Avenue is the primary commercial arterial route in the neighborhood and provides residents with easy access to retail goods, services and restaurants. Downtown Hartford, located just a few blocks south of the property, offers quick access to restaurants, shopping and transportation as well as easy access to Interstates 84 & 91.

FOR SALE DETAILS

PRICE

$3,675,000 USD

PRICE/SF

$200 USD /SF

# OF UNITS

35

PRICE/UNIT

$105,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

R5

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Steve PappasChozick Realty Inc.More Info
860-977-2625

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Steve PappasChozick Realty Inc.More Info
860-977-2625

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