39 Capen St - Multi-Family FOR SALE


Hartford, CT 06120- North End
$550,000 USD
860-767-5390
39 Capen St, Hartford, CT for Sale
$550,000 USD
Multi-Family - FOR SALE
1/35
null | Request Cap Rate

39 Capen St
Hartford, CT 06120
North End


HIGHLIGHTS

  • Historic District
  • Balcony, Shed, Fruit Trees, Garden area, Covered Deck

OVERVIEW

Whether you're a savvy investor or a discerning person seeking a spacious owner-occupied multi-family, this stately circa-1900 brick townhouse delivers strong income potential with modern comfort. Fully rebuilt in 2017 from the studs out after a fire, the property now features updated plumbing, electrical, insulation, and stylish finishes. Each main floor unit offers approx. 1,500 square feet with three generously sized bedrooms, two full baths, a well-appointed kitchen, a convenient laundry area just off the kitchen, and access to a private deck. The finished lower level adds even more value with a self-contained in-law apartment featuring two bedrooms, a full bath, a modern kitchen, and a private entrance. Step outside and escape to a vibrant Caribbean-inspired retreat, lovingly designed by the seller island native- with sandy lounging areas, pavilions for gatherings, a full outdoor kitchen, a hammock, and lush tropical plantings, including bamboo. It's perfect for entertaining, relaxing, or embracing the Marley spirit. And there's still a deeper city lot that may offer enough room for an additional income-generating structure (not guaranteed, so seek advice from town hall). Tucked away from the street, you'll enjoy a private, leafy oasis with excellent access to city amenities. While not an on-the-books as a 3-family home yet, this process is underway! Once completed, the newly finished lower level offers additional income. The seller is adding the finished lower level to the town record, so it is on record as a true 3-family home. As of now, it is considered an ADU (Additional Dwelling Unit) and can be legally used as an in-law unit for a family member. The year built reported as 1900 is quite misleading, given that the home was rebuilt in 2017 after a total loss from to a fire. Hartford does record an effective year built in 2017 as some other municipalities do.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$190 USD /SF

# OF UNITS

2

PRICE/UNIT

$275,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

39 Capen Steet, Hartford, CT

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

NX-1

APN/PARCEL ID

HTFD-000241-000166-000051

ASK ABOUT THIS PROPERTY

Jean SchneiderPage Taft Christie's International Real EstateMore Info
860-767-5390

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Jean SchneiderPage Taft Christie's International Real EstateMore Info
860-767-5390

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