100 Preston Street Under Contract

Hartford,CT 06114

$ 775000

0 Bed

6 Baths

5100 SqFt


Key Details

Property Type Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 5,100 sqft

Price per Sqft $151

MLS Listing ID 24070977

Full Baths 6

Year Built 1910

Annual Tax Amount $11,509

Lot Size 6,534 Sqft

Property Description

14% ROI! Amazing investment opportunity in the heart of the south end neighborhood. This condo status, brick building offers a turn key asset with cash flow from the start. There is a total of (6) 2 bed, 1 bath apartments with stable tenant base and historically low vacancy. Units are renovated with hardwood floors throughout, renovated kitchens w/ceramic tile, updated cabinets, counters & appliances and renovated baths w/tile surround, tubs, new vanities & toilets. All the utilities are separate & tenant paid - gas heat, HW and cooking. The electric is also separate & tenant paid. Condo status offers consistently lower taxes. Off-street parking in back plus a desirable location for tenants with easy access to Downtown, Hartford Hospital, the highway, public transportation + tons of shops and restaurants.

Location

State CT

County Hartford

Zoning MS-2

Interior

Heating Hot Water

Cooling Window Unit

Exterior

Exterior Feature Sidewalk,Gutters,Lighting

Parking Features Paved,Off Street Parking,Driveway

Utilities Available Electric,Gas,Phone Available,Cable Available

Roof Type Flat

Building

Lot Description Level Lot

Story 3

Foundation Masonry,Stone

Sewer Public Sewer Connected

Water Public Water Connected

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