multifamily
2,840 SF 3 Family
176 Brewer Street
East Hartford, Connecticut 06118
Price
$525,000
Price/SF
$184.86/SF
Building Size
2,840 SF
Lot Size
0.58 acres
Year Built
1840
Units
3
Property Description
Rare Investment Opportunity - Well-maintained 3-family property located in East Hartford near the Glastonbury Line. This unique multi-unit home offers an ideal blend of classic character and modern updates, making it perfect for both investors and owner-occupants. Featuring a versatile unit mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, each unit offers generously sized bedrooms, comfortable living spaces, and vinyl replacement windows. Two units include washer and dryer hookups, while the third unit features a portable washer and a solar dryer in the yard, adding convenience and tenant appeal. Major improvements include updated electrical breaker panels. Situated on an oversized lot, the property includes a 1-car detached garage, a separate outbuilding, two driveways, and ample off-street parking. The property is fully occupied by long-term tenants who would prefer to stay and currently responsible for their own utilities, ensuring immediate and stable cash flow. Rents are below market due to tenant longevity, presenting a strong value-add opportunity with significant upside potential for increased income. Conveniently located near Pratt & Whitney, Rentschler Field, parks, shopping, dining, and public transportation, with easy access to I-84, I-91, and Route 2. Hartford is just minutes away, and both New York City and Boston are approximately two hours away.
Additional Details
Zoning
I-2
MLS Number
24181693
Property ID
4f697eea-72c4-49d4-b225-92e2097ea966
MLS Information
MLS#: 24181693
Listed by: CENTURY 21 AllPoints Realty
Agent: Theresa Paciga • (860) 604-2763 • tcpaciga@yahoo.com
This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.
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