Investors take note, of this opportunity to purchase a turn key 6 unit, brick building with off-street parking and 11% CAP rate. This property consists of (2 3 bed/1 bath units + (4 2 bed/1 bath units - all large and spacious with EIK + LR and good size rooms/closets. All six apartments are renovated (within the last 1-2 years with a variety of new kitchens + appliances, baths, flooring, paint and fixtures. There is off-street parking for tenants behind the building. The property features curb appeal, nicely kept common areas and all newer replacement windows. The utilizes are separate and tenant paid - gas: heat, hot water and cooking. The electric is updated and also tenant paid. There are currently no subsidy tenants. This is a great investment with 11% CAP current and 13.7+% CAP pro-forma. . A Must See
Off market
Zestimate®
$599,900
41 Nelson St, Hartford, CT 06120
14beds
5,916sqft
MultiFamily
Built in 1926
-- sqft lot
$599,900 Zestimate®
$101/sqft
$2,349 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Baseboard, Gas
Appliances
- Included: Washer
- Laundry: Washer/Dryer Some Units
Features
- Basement: Unfinished, Full
Interior area
- Total interior livable area: 5,916 sqft
Property
Parking
- Parking features: Off-street
Features
- Patio & porch: Porch
- Exterior features: Brick
- Waterfront features: Not Applicable
Lot
- Size: 6,969 sqft
- Features: Level
Details
- Zoning: NX-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units are Side-by-Side, Units on different Floors
Condition
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Hartford
HOA & financial
Other financial information
- Total actual rent: 339900
Other
Other facts
- Sewer: Public Sewer
- Heating: Baseboard, Natural Gas
- Basement: Unfinished, Full
- AssociationYN: 0
- HeatingYN: true
- Roof: Flat
- NumberOfUnitsTotal: 6
- ConstructionMaterials: Brick
- LotFeatures: Level
- NumberOfUnitsInCommunity: 6
- Cooling: Window Unit(s)
- ParkingFeatures: Driveway, Off Street, Paved
- PatioAndPorchFeatures: Porch
- CommunityFeatures: Park, Walk to Bus Lines, Public Transportation, Shopping/Mall, Public Rec Facilities, Commuter Bus
- YearBuiltSource: Public Records
- GrossIncome: 62100
- FoundationDetails: Concrete
- WaterSource: Public Water Connected
- WaterfrontFeatures: Not Applicable
- TotalActualRent: 339900.00
- Zoning: NX-2
- ArchitecturalStyle: Units are Side-by-Side, Units on different Floors
- LaundryFeatures: Washer/Dryer Some Units
- MlsStatus: Show
- NetOperatingIncome: 37241
- OperatingExpense: 21754