11 Foote Rd, Burlington, CT 06013

Burlington Apartments offers an incoming investor the oportunity to acquire a rarely available investment property located in the suburb of Hartford with a population of 9,607. Burlington is in Hartford county and is rated one of the best places to live in CT by Niche. It has some of the top rated public schools in CT. Burlington Apartments offers 8 residential units with two identical buildings located on a 1.73 acre lot. Each building has 4 apartments with two apartments on the main floor and two apartments on the second floor. The apartment units are are separately metered and offer resident paid electric heat and hot water. All of the units except one have been remodeled including new kitchens, granite counter tops, floors, paint, and bathrooms. Roof, Windows and septic tank is less than 10 yrs old. Coin op laundry on site. The buildings are serviced by well water and septic. There is ample parking available onsite. Burlington apartments are fully occupied on a regular basis with almost no turnover. Rental rates are currently lagging the market, therefore upside opportunity exists bringing rental rates to market upon unit turn.