$ 750,000
204-206 Magnolia Street Hartford, CT 06112
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$ 750,000
Est. payment /mo
Active
204-206 Magnolia Street Hartford, CT 06112
14 Beds
6 Baths
6,480 SqFt
UPDATED:
10/02/2024 10:11 AM
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
Listed by Michael Kusy • Evermark Property Group