21-23 Glendale Ave - Apartments FOR SALE


Hartford, CT 06106- Behind the Rocks
$675,000 USD
860-308-6115
21-23 Glendale Ave, Hartford, CT for Sale
$675,000 USD
Apartments - FOR SALE
1/7
null | 8.44% Cap Rate

21-23 Glendale Ave
Hartford, CT 06106
Behind the Rocks


HIGHLIGHTS

  • Strong in place cash flow
  • Many updates
  • Value add upside

OVERVIEW

Excellent opportunity to acquire a cash-flowing 6-unit brick multifamily asset located in the South End of Hartford. This 8,702 SF, three-story building features six 2-bedroom, 1-bath units. The property has seen numerous updates, including some renovated kitchens, a newer roof, updated fire-rated doors, newer hot water tanks, and an updated fire alarm system. Separate, tenant-paid utilities help maximize income potential. Ideally situated close to shopping, restaurants, parks, and major highways, the location offers strong rental demand and convenience for tenants. Additional highlights include off-street parking. A strong investment opportunity offering immediate cash flow with value-add upside.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$112 USD /SF

# OF UNITS

6

PRICE/UNIT

$112,500

CAP RATE

8.44%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R4

APN/PARCEL ID

HTFD-000184-000518-000189

ASK ABOUT THIS PROPERTY

Thuyan TranOxford RealtyMore Info
860-308-6115

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Thuyan TranOxford RealtyMore Info
860-308-6115

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