32-34 Bedford St - Apartments FOR SALE


Hartford, CT 06120- Clay Arsenal
$599,999 USD
860-308-6115
32-34 Bedford St, Hartford, CT for Sale
$599,999 USD
Apartments - FOR SALE
1/4
null | 9.45% Cap Rate

32-34 Bedford St
Hartford, CT 06120
Clay Arsenal


HIGHLIGHTS

  • Significant Capital improvements completed
  • Strong in place income
  • Desirable unit Mix

OVERVIEW

Excellent opportunity to acquire a well-performing 6-unit multifamily property located just minutes from Downtown Hartford and major highways. This three-story brick asset offers a strong unit mix consisting of (1) 2-bedroom, 1-bath unit, (3) 3-bedroom, 1-bath units, and (2) 4-bedroom, 1-bath units. Recent capital improvements include updated kitchens and bathrooms, newer roof, newer boiler and hot water tank. Heat and hot water are currently landlord-paid, while all electric utilities are separately metered and tenant-paid. Opportunity to increase rental income through unit turnovers.

FOR SALE DETAILS

PRICE

$599,999 USD

PRICE/SF

$82 USD /SF

# OF UNITS

6

PRICE/UNIT

$100,000

CAP RATE

9.45%

% 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

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

NX-1

APN/PARCEL ID

HTFD-000221-000271-000047

ASK ABOUT THIS PROPERTY

Thuyan TranOxford RealtyMore Info
860-308-6115

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

Thuyan TranOxford RealtyMore Info
860-308-6115

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