retail
15,429 SF
450 Franklin Avenue
Hartford, Connecticut 06114
Price
$2,599,000
Price/SF
$168.45/SF
Building Size
15,429 SF
Lot Size
0.31 acres
Year Built
1915
NOI
$189,848
Units
17
Property Description
Solid mixed use property. 12 good sized one bedroom apartments and 5 commercial units. All separate utilities. Fully occupied. Most of them are long term tenants. This building was completely renovated in the late 90s. New sheetrock has been installed on all walls in all apartments and hallways. All doors, door frames, windows and window frames have been replaced, so you have peace of mind with the lead paint issue. All electric meters and gas meters have been replaced at some point. there are 12 parking spaces for the residential tenants. parking at side of the building and on the street. Heavy foot traffic generates good business for the commercial tenants. Typical neighborhood business , Chinese Restaurant, Grocery store, Laundromat, Check and Cash and Nail Salon, as these business are all doing well. Seller to pay for new pavement in front of the building, and to repair back parking lot with a new coasting. Laundromat business can be sold together at buyer's option.
Additional Details
Zoning
MS-2
MLS Number
24144813
Property ID
179075d1-302f-4e72-ad4a-87dc5eb98dbe
MLS Information
MLS#: 24144813
Listed by: Sovereign Properties
Agent: Lani Liu-Helisch • (203) 722-2451 • liulani@lawtoyou.org
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