9% CAP w/VALUE ADD mixed-use property available - walking distance to Trinity College! Total of 8 units, consisting of: 2 retail spaces with a remodeled liquor store and an electronics repair shop. There are (6) 2 bed/1 bath units above with some unit turns/renovations needed. The utilities are separate and tenant paid electric + gas heat and hot water (mechanicals are IN each unit). On-street parking only and city trash pick up = minimal maintenance/low expenses. Unit updates/renovations needed + rents are below market = great upside potential! Desirable location for tenants walking distance to Trinity College, close to Hartford Hospital, nearby highway access and public transportation + shopping, restaurants and other amenities.
$650,000 • 2.00%
Make OfferAmanda Faroni-Sheehan, Oxford Realty
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