486 Prospect Ave, Hartford, CT 06105
- $439,000
- 4
- BD
- 4
- BA
- 3,190
- SqFt
- List Price
- $439,000
- Status
- PENDING
- MLS#
- 24175658
- Year Built
- 1900
- Bedrooms
- 4
- Bathrooms
- 4
- Acres
- 0.21
- Living Area
- 3,190
- Neighborhood
- N/A
Property Description
Outstanding four unit investment opportunity in Hartford's West End. Directly across the street from the West Hartford line. First time on the market in 45 years. This well-maintained property has 4 one bedroom apartments, with the potential to convert one of these units into a two bedroom apartment. The property has been well-managed with consistent occupancy, and offers significant rental upside. Current rents remain below Hartford Housing Authority standards; allowing room for a strong increase in NOI. This is an opportunity to acquire a stable multi-family property in a proven rental corridor. Ideal for investors seeking stability, long term cash flow growth, and future appreciation. 3rd floor unit is undergoing updates.
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Additional Information
- Taxes
- $9,687
- Lot Size
- 9,147
- Heating
- Hot Water
- Cooling System Type
- Window/Wall
- Water Source
- Public
- Basement
- Full, Unfinished, Interior Entry
- Exterior Features
- Sidewalk, Porch, Lighting
- Garage Spaces
- 3
- Parking Spaces
- 4
- Elementary School
- Per Board of Ed
- Middle School
- Per Board of Ed
- High School
- Per Board of Ed
Mortgage Calculator
Listing courtesy of Stanley Gutt from Premier Re Group LLC. (860) 798-5400 (860) 335-0681
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