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.
$625,000 • 2.00%
Make OfferAmanda Faroni-Sheehan, Oxford Realty
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.