204-206 Magnolia St - Apartments FOR SALE


Hartford, CT 06112- Upper Albany
$685,000 USD
203-464-2434
204-206 Magnolia St, Hartford, CT for Sale
$685,000 USD
Apartments - FOR SALE
1/8
null | 10.27% Cap Rate

204-206 Magnolia St
Hartford, CT 06112
Upper Albany


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Recent Capital Improvements
  • Separately Metered Utilities
  • Off-Street Parking
  • Strong Rental Demographics & Demand

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 204 Magnolia Street in Hartford, CT (the “Property”). The three-story building contains four (4) 2-Bedroom/1-Bathroom units and two (2) 3-Bedroom/1-Bathroom units with 6,480 square feet of gross living area in 9,228 square feet of gross area. The Property is situated upon a 0.17-acre parcel and offers off street parking. 204 Magnolia Street is well-positioned within Hartford’s Upper Albany neighborhood, offering convenient access to downtown Hartford and surrounding residential areas. The property benefits from proximity to major transportation corridors including Interstate 84 and Interstate 91, providing efficient regional connectivity throughout Greater Hartford and to employment centers across Central Connecticut. Nearby retail centers, neighborhood services, educational institutions, and recreational amenities further enhance day-to-day convenience and support long-term tenant appeal.

FOR SALE DETAILS

PRICE

$685,000 USD

PRICE/SF

$85 USD /SF

# OF UNITS

6

PRICE/UNIT

$114,167

CAP RATE

10.27%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

204 Magnolia Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

NX-2

APN/PARCEL ID

HTFD-000219-000217-000018

ASK ABOUT THIS PROPERTY

Tim HinesHorvath & TremblayMore Info
203-464-2434

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Tim HinesHorvath & TremblayMore Info
203-464-2434

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