Listed by Century 21 Allpoints Realty Southington
$1,615,000
174 Hillside Avenue
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 9,263
Cap Rate 8.10%
NOI $130,335
Tenancy Multi
Pro-Forma Cap Rate 8.90%
Pro-Forma NOI $144,395
Year Built 1959
Buildings 2
Zoning NX-2
CASHFLOW! 16 UNITS 8+% cap! Prime South End Hartford Location!
Marketing description
Exceptional opportunity to acquire an income producing and fully renovated 16-unit brick asset in the South End of Hartford. All units feature vinyl plank flooring and updated kitchens and bathrooms. The units offer a clean and contemporary living space that attracts and retains quality tenants. Capital improvements include a new boiler, upgraded electrical, and digitally controlled lockout thermostats, providing operational efficiency and long-term reliability. With significant upgrades already completed, this is a turnkey, low-maintenance investment, offering strong in-place and immediate income.
Listing Contacts
Listed by Century 21 Allpoints Realty Southington
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$130,335.00
$10,861.25/mo
Valuation Metrics
0
DSCR
8.07%
Cap Rate
8.07%
ROI
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