Investors take note of this unique opportunity including a 15-unit brick building and an adjacent 1,620 SF single-family residence. The 1966-built apartment building has seen significant capital improvements over the last few years, including a new roof, new windows, blown-in insulation, and the addition of EV charging stations. Numerous units have been renovated with updated kitchens, bathrooms, and flooring. The boiler has been enhanced with a new holding tank and additional mechanicals for improved efficiency. The adjacent single-family home provides additional stable income with a detached 3-bay garage, updated plumbing and electrical, vinyl replacement windows, and a newer combination boiler. The finished basement includes an additional bedroom and bathroom, creating a total of 5 bedrooms and 2.5-baths. Both properties have ample off street parking for tenants and on site laundry. For added benefit, the properties have been converted to condo tax status offering owners lower taxes. Conveniently located steps to Trinity College, these 2 lots offer a compelling, cash flowing investment opportunity with great potential!
Features
22 bedrooms
18 bathrooms
directions_car3 carspaces
directions_car3 garage spaces
15012 sq. ft. floor area
crop_free0.47 ac. lot size
cottageMulti-Family
Property history for 16 Henry St
2020
Sold
$500,000
27 Aug 2020 by Sebby Caramma, of Coldwell Banker Realty
2019
Sold
$315,000
17 Jul 2019
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Local market activity for 22 bedroom multi families in Hartford
Sold
For Sale
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