47 Putnam Street

Hartford, CT 06106 Directions
$345,000
  • 4,524Sqft
  • 0.14Acres
  • 1970Built
  • $76Price/Sqft

Property Highlights

  • High School: Per Board Of Ed
  • Neighborhood: Frog Hollow
  • Days on Market: 172
  • MLS: 170299658

Property Highlights

  • High School: Per Board Of Ed
  • Neighborhood: Frog Hollow
  • Days on Market: 172
  • MLS: 170299658

This is an opportunity to own 8 units in one building, in the Frog Hollow neighborhood of Hartford with a 10.5% CAP rate and $36k + NOI. There are (7) 1 bed/1 bath apartments and 1 small efficiency unit. The majority of units have been updated and feature: laminate hardwood floors + tile, updated kitchens w/new cabinets and counters, and fully updated bath rooms. The driveway is shared with the property in back, there is off-street parking in rear for a couple of cars. The electrical has been updated and is separate panels in each unit and tenant paid. There is a central gas furnace and hot water tank in the basement - heat and hot water are owner...

Property Highlights

  • High School: Per Board Of Ed
  • Neighborhood: Frog Hollow
  • Days on Market: 172
  • MLS: 170299658

This is an opportunity to own 8 units in one building, in the Frog Hollow neighborhood of Hartford with a 10.5% CAP rate and $36k + NOI. There are (7) 1 bed/1 bath apartments and 1 small efficiency unit. The majority of units have been updated and feature: laminate hardwood floors + tile, updated kitchens w/new cabinets and counters, and fully updated bath rooms. The driveway is shared with the property in back, there is off-street parking in rear for a couple of cars. The electrical has been updated and is separate panels in each unit and tenant paid. There is a central gas furnace and hot water tank in the basement - heat and hot water are owner paid. There is no laundry on site. Value add potential to increase rents. Not a drive by!

This is an opportunity to own 8 units in one building, in the Frog Hollow neighborhood of Hartford with a 10.5% CAP rate and $36k + NOI. There are (7) 1 bed/1 bath apartments and 1 small efficiency unit. The majority of units have been updated and feature: laminate hardwood floors + tile, updated kitchens w/new cabinets and counters, and fully updated bath rooms. The driveway is shared with the property in back, there is off-street parking in rear for a couple of cars. The electrical has been updated and is separate panels in each unit and tenant paid. There is a central gas furnace and hot water tank in the basement - heat and hot water are owner paid. There is no laundry on site. Value add potential to increase rents. Not a drive by!

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  • Additional Information
    • Days On Market: 29
    • Elementary School: Per Board of Ed
    • Gross Income: 67500
    • High School: Per Board of Ed
    • Living Area SqFt: 4,524
    • Neighborhood: Frog Hollow
    • Sewer: Public Sewer Connected
    • Status: Active
    • Style: Units on different Floors, Units are Side-by-Side
    • Subtype: 5 Family+
    • Tax Amount: $10,947
    • Tax Year: July 2019-June 2020
    • Type: Multi-Family For Sale
    • Year Built: 1970
  • Interior/Exterior Features
    • Air Conditioning: Window Unit
    • Cooling: Window Unit
    • Exterior Siding: Aluminum
    • Heat: Baseboard

Listing Courtesy of Berkshire Hathaway NE Prop.

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