186 Benton Street

multifamily

186 Benton Street

Hartford, Connecticut 6114

Price

$849,999

Price/SF

$117.37/SF

Building Size

7,242 SF

Lot Size

0.14 acres

Year Built

1920

Units

6

Property Description

ATTENTION INVESTORS---Welcome to 186-188 Benton Street, a well-maintained, second-generation owned six-family property in Hartford's South End offering strong income potential and desirable upgrades throughout. This property presents a compelling opportunity to achieve immediate, positive yield with additional upside through continued rent optimization. Based on current income and expenses, the property is projected to operate at an attractive capitalization, with the potential for further expansion as rents are adjusted and ancillary income streams are maximized. All units are rented to stable, long-term tenants. All units have been renovated with updated finishes. Five units have been modified to three-bedrooms for increased rental desirability. A new hot water heater, six new boilers, separate tenant-paid utilities, coin-operated washers, off-street parking and secure storage rooms in the basement make this property desirable for tenants and profitable for investors. Check it out today! ***BACK ON THE MARKET----BUYERS' FAILURE TO SECURE FINANCING***

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Additional Details

Zoning

NX-2

MLS Number

24161875

Property ID

c2771337-55e8-48b4-befc-d2f98ef890dd

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MLS Information

MLS#: 24161875

Listed by: Berkshire Hathaway NE Prop.

Agent: Karen Kvietkauskas • (860) 558-4397 • karenkvietkauskas@bhhsne.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

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