451 Washington Street, Hartford, CT 06106
sale
$524,925
|
Commercial-Other
Listed By CENTURY 21 AllPoints Realty
Find ownership in BARRY SQUARE. Right next to Hartford Hospital , Institute of Living, and Trinity College. Stone throws away from Downtown Hartford Bushnell Park, Yard goat Baseball Stadium, Highways, Bushnell Theater, Webster Theater, Goodwin Park . Tons of potential here. Two HUGE 3 BD UNITS with their own washer/dryer hookups. Long time tenants (Rents below market $1500 to 1700 a month more accurate) This owner has taken a lot of care into this building. It was built up from the studs up. When you walk in you can tell there was a lot of pride and ownership! Newer mechanical's , Newer electrical, Newer roof, Newer updates. Basement pristine. Solid 8% cap rate in this neighborhood. Building has the potential to be worth 700k+ (potential rental income $5000/mo($1600 x2 3 BD RES.RENT PER MO, $1800 PER MO COMM LEASE, $300 a month owner expenses, EST. POTENTIAL NOI $56,400/8%=$705k Work the numbers and make it worth more)Off street parking and on Street parking. Right on the public transportation routes, tons of amenities, recreations and not to far from Riverfront activities. Currently looking for a lease to fill the commercial space (MLS # 1705289061 take a look. Great ideas for potential on listing) So MUCH WONDERFUL POTENTIAL AWAITING YOU. MAKE THIS THE NEXT ADDITION TO YOUR PORTFOLIOCOMMERCIAL SPACE FOR LEASE MLS# 170529061
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Property Features
- Building Area: 5670.00 SF
- Common Area Factor: 0
- Cross Docks: N
- For Auction: N
- Location Name: 451 Washington Street , Hartford
- MLSID: 170530350
- Price Per Area: 0.00
- Price Upon Request: N
- Style: Other Style
- Sublease: N
- Year Built: 1910
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