Investors take notice of this huge brick three-family with 3 car garage, 11% CAP rate + 21% ROI! This property has large units with approx. 1,425 SF each - 4 beds, 1 bath, LR, EIK + pantry and laundry hook-ups. The units are 100% occupied. The interior features various updates. The utilities are separate and tenant paid with gas heat and hot water. The electrical service is updated to circuit breakers. There is a three-car detached garage in back rented for additional income + off-street parking/driveway. Roof is 7-years old. Nothing to do but collect rents. + Conveniently located for easy access to highways and public transportation, and blocks to CT Children’s Medical Center, Pope Park and the South Green. This property is a turn key, low maintenance investment opportunity w/cash flow!
Sold for $318,000 on 01/06/23
$318,000
137 Babcock Street, Hartford, CT 06106
12beds
4,284sqft
Multi Family
Built in 1880
-- sqft lot
$460,700 Zestimate®
$74/sqft
$1,753 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 08, 2023 at 09:00pm
Listed by:
Amanda R. Faroni-Sheehan 203-314-4219,
Vanguard Private Client Grp 203-887-2553
Bought with:
Jonathan Xu, RES.0826553
Berkshire Hathaway NE Prop.
Source: Smart MLS,MLS#: 170531346
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
- Laundry: In Unit
Features
- Basement: Full,Unfinished
- Attic: None
Interior area
- Total structure area: 4,284
- Total interior livable area: 4,284 sqft
- Finished area above ground: 4,284
Property
Parking
- Total spaces: 6
- Parking features: Detached, Paved, Off Street, Private
- Garage spaces: 3
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
- Exterior features: Rain Gutters, Lighting, Sidewalk
Lot
- Size: 7,405 sqft
- Features: Level
Details
- Parcel number: 602204
- Zoning: NX-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Masonry, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Near Public Transport, Medical Facilities, Park, Public Rec Facilities
Location
- Region: Hartford
- Subdivision: Frog Hollow