multifamily
15,012 SF 5 Family+
16-20 Henry Street
Hartford, Connecticut 06114
Price
$1,799,000
Price/SF
$119.84/SF
Building Size
15,012 SF
Lot Size
0.47 acres
Year Built
1966
Units
16
Property Description
Investors take note of this unique opportunity including a 15-unit brick building and an adjacent 1,620 SF single-family residence. The 1966-built apartment building has seen significant capital improvements over the last few years, including a new roof, new windows, blown-in insulation, and the addition of EV charging stations. Numerous units have been renovated with updated kitchens, bathrooms, and flooring. The boiler has been enhanced with a new holding tank and additional mechanicals for improved efficiency. The adjacent single-family home provides additional stable income with a detached 3-bay garage, updated plumbing and electrical, vinyl replacement windows, and a newer combination boiler. The finished basement includes an additional bedroom and bathroom, creating a total of 5 bedrooms and 2.5-baths. Both properties have ample off street parking for tenants and on site laundry. For added benefit, the properties have been converted to condo tax status offering owners lower taxes. Conveniently located steps to Trinity College, these 2 lots offer a compelling, cash flowing investment opportunity with great potential!
Additional Details
Zoning
NX-2
MLS Number
24152320
Property ID
6b11c393-5060-4d07-ae45-6ddcd70bbb65
MLS Information
MLS#: 24152320
Listed by: Century 21 AllPoints Realty
Agent: Maddy Ceruti • (860) 559-0978 • Maddy.cozziteam@gmail.com
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