Rarely available, 12 unit brick building in the city's West End neighborhood with a big value add opportunity. Property consists of all 1 bed/1 bath apartments with roughly 725 SF each. There is separate & tenant paid electric + central and owner paid gas H&HW (1 furnace and 2 newer hot water tanks). There is currently no laundry in the building. The property features fire rated doors to the exterior and units. The trash is city pick up (no dumpster). There are a few tandem parking spaces on the side and a fenced area w/additional parking in back. Unit renovations needed + rents are below market = great upside potential! Location is desirable...
Rarely available, 12 unit brick building in the city's West End neighborhood with a big value add opportunity. Property consists of all 1 bed/1 bath apartments with roughly 725 SF each. There is separate & tenant paid electric + central and owner paid gas H&HW (1 furnace and 2 newer hot water tanks). There is currently no laundry in the building. The property features fire rated doors to the exterior and units. The trash is city pick up (no dumpster). There are a few tandem parking spaces on the side and a fenced area w/additional parking in back. Unit renovations needed + rents are below market = great upside potential! Location is desirable for tenants - close to West Hartford, highway access and plenty of shops, restaurants and other amenities. 24+% ROI pro-forma.
Rarely available, 12 unit brick building in the city's West End neighborhood with a big value add opportunity. Property consists of all 1 bed/1 bath apartments with roughly 725 SF each. There is separate & tenant paid electric + central and owner paid gas H&HW (1 furnace and 2 newer hot water tanks). There is currently no laundry in the building. The property features fire rated doors to the exterior and units. The trash is city pick up (no dumpster). There are a few tandem parking spaces on the side and a fenced area w/additional parking in back. Unit renovations needed + rents are below market = great upside potential! Location is desirable for tenants - close to West Hartford, highway access and plenty of shops, restaurants and other amenities. 24+% ROI pro-forma.
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