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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