41 Nelson Street

Hartford CT 06120

5916 sq. ft.

0.16 ac.

Multi-Family

Last sold for $313,500

Amanda Faroni, last sold this property on 11 March 2021 after -42 days on market.

Overview

Investors take note, of this opportunity to purchase a turn key 6 unit, brick building with off-street parking and 11% CAP rate. This property consists of (2) 3 bed/1 bath units + (4) 2 bed/1 bath units ? all large and spacious with EIK + LR and good size rooms/closets. All six apartments are renovated (within the last 1-2 years) with a variety of new kitchens + appliances, baths, flooring, paint and fixtures. There is off-street parking for tenants behind the building. The property features curb appeal, nicely kept common areas and all newer replacement windows. The utilizes are separate and tenant paid ? gas: heat, hot water and cooking. The electric is updated and also tenant paid. There are currently no subsidy tenants. This is a great investment with 11% CAP current and 13.7+% CAP pro-forma. . A Must See!

Features

14 bedrooms

6 bathrooms

5916 sq. ft. floor area

0.16 ac. lot size

Multi-Family

Estimated Value

We need at least 3 similar 14 bedroom multi families sold in Hartford over the last 12 months.

Property history for 41 Nelson Street

2021

Sold

$313,500

11 Mar 2021 by Amanda Faroni, of Berkshire Hathaway NE Prop.

Happy sellers in Hartford

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