551 Albany Avenue

Hartford, CT 06112 Directions
$459,000
  • 9,993Sqft
  • 0.21Acres
  • 1930Built
  • $46Price/Sqft

Property Highlights

  • High School: Per Board Of Ed
  • Neighborhood: Clay Arsenal
  • Days on Market: 30
  • MLS: 170145541

Property Highlights

  • High School: Per Board Of Ed
  • Neighborhood: Clay Arsenal
  • Days on Market: 30
  • MLS: 170145541

Mixed-use investment opportunity with great potential cash flow! This 8 Apartment unit comprised of one and two bedrooms situated over four street level retail stores and one commercial space located in the rear of the property. The apartment units will need some upgrading/rehab. 3 out of the 4 retail store units are currently leased with strong cash flow. There is one central gas boiler approx. 6 years old, electrical has been updated and the roof is in adequate condition. The apartment tenants pay for their own electric and cable and landlord pay heat and hot water. Retail/commercial the landlord pays heat only. Conveniently located near bus...

Property Highlights

  • High School: Per Board Of Ed
  • Neighborhood: Clay Arsenal
  • Days on Market: 30
  • MLS: 170145541

Mixed-use investment opportunity with great potential cash flow! This 8 Apartment unit comprised of one and two bedrooms situated over four street level retail stores and one commercial space located in the rear of the property. The apartment units will need some upgrading/rehab. 3 out of the 4 retail store units are currently leased with strong cash flow. There is one central gas boiler approx. 6 years old, electrical has been updated and the roof is in adequate condition. The apartment tenants pay for their own electric and cable and landlord pay heat and hot water. Retail/commercial the landlord pays heat only. Conveniently located near bus line, shopping, restaurants all within walking distance. Seller request ALL interested parties must do drive-by prior to show request.

Mixed-use investment opportunity with great potential cash flow! This 8 Apartment unit comprised of one and two bedrooms situated over four street level retail stores and one commercial space located in the rear of the property. The apartment units will need some upgrading/rehab. 3 out of the 4 retail store units are currently leased with strong cash flow. There is one central gas boiler approx. 6 years old, electrical has been updated and the roof is in adequate condition. The apartment tenants pay for their own electric and cable and landlord pay heat and hot water. Retail/commercial the landlord pays heat only. Conveniently located near bus line, shopping, restaurants all within walking distance. Seller request ALL interested parties must do drive-by prior to show request.

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  • Additional Information
    • Days On Market: 29
    • Elementary School: Per Board of Ed
    • High School: Per Board of Ed
    • Living Area SqFt: 9,993
    • Neighborhood: Clay Arsenal
    • Sewer: Public Sewer Connected
    • Status: Active
    • Subtype: 5 Family+
    • Tax Amount: $18,435
    • Tax Year: July 2018-June 2019
    • Type: Multi-Family For Sale
    • Year Built: 1930
  • Interior/Exterior Features
    • Exterior Siding: Brick
    • Heat: Gas on Gas

Listing Courtesy of Elite Realty Group LLC.

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