List Price

$1,390,000

Status

Active

Type

Multi-Family

Beds

16

Baths

16

Sq. Ft.

8,352

Built

1928

Acres

0.21

$ / Sq. Ft.

$166

FeeKeeper

10

Style

Other

Taxes

$30,185

Nearby Schools
Neighborhood
Tranquility
Market Insights
Property History

High-Yield Multi-Unit Investment on the West Hartford Line: Exceptional opportunity to acquire a well-maintained 12-unit brick building on 478 Prospect Ave., ideally located on the Hartford/West Hartford line. All units are very large 1-bedroom apartments with spacious interiors-highly attractive to tenants and easy to lease. The offering also includes the neighboring property 486 Prospect Ave., formerly used as an architect's office, with additional residential units and untapped potential. Currently generating an almost 8 cap, this investment offers tremendous value-add potential. Rents are currently under market, presenting a clear path to increased cash flow and maximized NOI through strategic rent adjustments and light upgrades. This is a rare chance to secure a high-performing asset in a desirable rental area with strong fundamentals. Agent related. Financials in attachments.

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You Keep The Fee

Estimated rebate calculated using List Price and co-broker commission offered on the MLS. Realtor commission rebates are not available where prohibited by law. See full Terms and Conditions .

$34,750

Commission structure not available, using default of 2.5%

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Questions

FeeKeeper is here to help, reach out with any questions you may have.

(860) 310-1255

Brokered By

Stanley Gutt, Premier Re Group LLC

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  • Last MLS Update 5 Days

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