204-206 Magnolia Street Active

Hartford,CT 06112

$ 750000

14 Beds

6 Baths

6480 SqFt


Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 6,480 sqft

Price per Sqft $115

MLS Listing ID 24035373

Style Units on different Floors

Bedrooms 14

Full Baths 6

Year Built 1924

Annual Tax Amount $15,488

Lot Size 7,405 Sqft

Property Description

Discover an exceptional investment opportunity with this well-maintained 6-unit apartment complex in Hartford, boasting 14 bedrooms and 6 bathrooms. This property is designed for substantial income potential and is a smart choice for any investor's portfolio. Recently renovated in 2021, each unit has been upgraded to meet contemporary living standards. Additionally, a brand-new roof was installed in July 2024, and the property is equipped with Navien tankless hot water/heating systems for superior efficiency and reliability. The property's excellent condition and recent upgrades ensure high tenant demand and reliable rental income from the outset. Hartford's thriving rental market offers significant potential for asset value growth, making this property an attractive option for those seeking a stable and profitable investment. Whether you're an experienced investor or exploring your first real estate venture, this complex provides a prime opportunity to acquire a top-tier, income-generating asset.

Location

State CT

County Hartford

Zoning NX-2

Rooms

Basement Full,Unfinished

Interior

Heating Hot Water

Cooling None

Exterior

Garage None

Waterfront Description Not Applicable

Roof Type Flat

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

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