34-38 Beacon St - Apartments FOR SALE


Hartford, CT 06105- Parkville
$1,050,000 USD
860-656-0205
34-38 Beacon St, Hartford, CT for Sale
$1,050,000 USD
Apartments - FOR SALE
1/12
null | 8.23% Cap Rate

34-38 Beacon St
Hartford, CT 06105
Parkville


HIGHLIGHTS

  • Convenient Location
  • Value Add Potential
  • Separate Utilities
  • Brick Construction
  • Strong Rental Demographics & Demand

OVERVIEW

Horvath & Tremblay is pleased to present the sale of the multi-family investment property located at 34-38 Beacon Street in Hartford, Connecticut (the “Property”). The three-story brick and stucco building contains twelve (12), 1-Bedroom/1-Bathroom Units with 8,958 square feet of living area in 12,742 square feet of gross area on a 0.18-acre parcel. The Property is separately metered for electricity, which the tenants pay directly. The landlord is responsible for gas fired heat and hot water, common area electric and domestic water and sewer. 34-38 Beacon Street is well-located in the Parkville neighborhood of Hartford. The Property is positioned in between Capitol Avenue and Park Street, two of the area’s primary commercial thoroughfares, and just 2.2-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

$1,050,000 USD

PRICE/SF

$82 USD /SF

# OF UNITS

12

PRICE/UNIT

$87,500

CAP RATE

8.23%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

-

APN/PARCEL ID

HTFD-000113-000369-000019

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.