Great investment opportunity to purchase a turn-key FOUR family property yielding a 15% return at full market rents, which amounts to a yearly net cash flow of $30,000. The property is in great condition relative to: Unit condition, Exterior, Mechanicals and Parking (well above market condition overall). There are 4 oversized units, two 3 bed units and two 1 bed units. Utilities are tenant paid and there is ample off street parking. There is 1 vacant unit (3 bed), which makes this a great option for FHA, primary homeowners.
Sold for $475,000 on 01/09/25
$475,000
32-34 Wolcott Street, Hartford, CT 06106
8beds
4,800sqft
Multi Family
Built in 1880
-- sqft lot
$499,200 Zestimate®
$99/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 10, 2025 at 07:14am
Listed by:
Anthony Velez 860-519-3800,
Realty Exclusive LLC
Bought with:
Jacques Pittman, RES.0805887
RE/MAX RISE
Source: Smart MLS,MLS#: 24046940
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- Steam, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Full
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 4,800
- Total interior livable area: 4,800 sqft
- Finished area above ground: 4,800
Property
Parking
- Parking features: None
Lot
- Size: 8,276 sqft
- Features: Level
Details
- Parcel number: 602903
- Zoning: NX-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Masonry
- Roof: Shingle
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Hartford