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31764102
31764059

18 South Whitney Street, Hartford, CT 06106

AF
CT REB.0793328 CT, CT REB.0793328
OXFORD REALTY
Listed by OXFORD REALTY
$1,699,900
49 days on market
Updated 25 days ago

23% ROI: 12 Units: Hartford | Turn Key

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,094
Cap Rate 11.86%
NOI $201,628
Occupancy 91%
Tenancy Multi
Rent Bumps No
Pro-Forma Cap Rate 12.57%
Pro-Forma NOI $213,651
Price per SqFt $279
Year Built 1910
Year Renovated 2023
Buildings 2
Zoning N2-2
Investment Type Stabilized

20% ROI: 12 Units | Turn Key in Hartford

Marketing description

23% ROI Actual

2 Buildings

Both Brick Exterior

6 Units Each

All 3 + Bed, 1 Bath Units

Separate & Tenant Paid Utilities

Investment highlights

23% ROI! A total of 12 units: TWO 6 unit, brick buildings in the capital city for sale with HUGE CASH FLOW and big unit mix! 18 S Whitney is a 6 unit brick building located in Hartford's desirable West End area/Parkville neighborhood & 160 Lawrence St is a 6 unit brick building located Frog Hollow. Both buildings offer a big unit mix with all 3 bed, 1 bath units. Each building has separate and tenant paid utilities w/gas heating + hot water & separate electric meters. Each building is brick exterior with on-street parking. Great investment opportunity with 11+% CAP. Between both locations tenants have easy access to Downtown, Hartford Hospital, UConnHealth, CTfastrak, the highway, public transportation + tons of shops and restaurants. Do not walk the property w/out an appt.

Listing Contacts

AF
CT REB.0793328 CT, CT REB.0793328
OXFORD REALTY
Listed by OXFORD REALTY

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$201,628.00
$16,802.33/mo

Valuation Metrics

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DSCR
11.86%
Cap Rate
11.86%
ROI

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Additional Information

Name
Amanda Faroni-Sheehan
License
REB.0793328 CT
Brokerage
Oxford Realty
Brokerage Phone
2033144219
Title
Managing Broker
Brokerage Address
151 New Park Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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