This is a beautiful 6 unit condo status opportunity in the south end with 100% occupancy and an 7+% CAP rate. There are (6 2 bed/1 bath apartments. The property benefits from condo status and lower taxes. The building features: a brick exterior, great curb appeal, 2-years-old flat rubber roof 25 year warranty, replacement windows, separate and tenant paid utilities (gas H & HW and updated electrical with sub panels in each unit. The unit interiors feature: large/open floor plans, hardwood floors throughout, LR/DR and EIK areas, kitchens dishwashers, stacked laundry in each unit, interior exposed brick, foyer coat closets + remodeled kitchens and bath rooms. There is off street-parking available. Truly turn-key investment opportunity with full occupancy in the south end.
Off market
Zestimate®
$685,100
229 Franklin Ave, Hartford, CT 06114
2beds
5,248sqft
5 Family+
Built in 1988
-- sqft lot
$685,100 Zestimate®
$131/sqft
$1,527 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard
Interior area
- Total interior livable area: 5,248 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Brick
Lot
- Size: 8,712 sqft
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 Family+
Condition
- Year built: 1988
Utilities & green energy
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Hartford
Other
Other facts
- Exterior Siding: Brick
- Attic YN: 0
- Direct Waterfront YN: 0
- Exterior Features: Sidewalk, Porch
- Lot Description: Corner Lot
- Heat Fuel Type: Natural Gas
- Hot Water Description: Natural Gas
- Fuel Tank Location: Non Applicable
- Style: Other
- Heat Type: Baseboard
- Property Type: Multi-Family For Sale
- Sewage System: Public Sewer Connected
- Water Source: Public Water Connected
- Basement Description: Unfinished, Full
- Driveway Type: Paved
- Energy Features: Thermopane Windows
- Swimming Pool YN: 0
- Cooling System: Window Unit
- Home Warranty Offered YN: 0
- Flood Zone YN: 0
- Foundation Type: Masonry, Brick
- Waterfront Description: Not Applicable
- Construction Description: Brick
- Roof Information: Flat
- Property Sub Type: 5 Family+
- Laundry Room Info: Washer/Dryer All Units
- Tax Year: July 2018-June 2019
- Assessed Value: 24012
- Property Tax: 10704