886 Maple Avenue

Hartford CT 06114

7978 sq. ft.

0.18 ac.

Multi-Family

Last sold for $1,200,000

Molly Bradbury, last sold this property on 04 December 2023 after 528 days on market.

Overview

A rare opportunity to acquire a turnkey mixed use residential/retail asset located a block from Goodwin Park -- 8% CAP ON ACTUALS! Pride of ownership is evident when you tour the 5 high-end New York style residential apartments, 2 retail storefronts and 4 air conditioned + heated storage units with LED lighting, The roof, windows and electrical have all been updated. The walls have been insulated with foam. The residential apartments pay their own utilities (including heat and central air) and feature stainless steel appliances, ceramic tile in the bathrooms and modern flooring throughout. The appliances are 95% high efficiency. There is LED lighting and a beautiful laundry room with coin-operated machines on the second floor. The 2 retail spaces are each leased for $2500 and share one heating system. There is a secure foyer area with a hardwired fire alarm system. There are (4) storage units on the lower floor that are rented for additional income. The parking lot (191 Gilman) has space for 14 cars -- the lot is zoned for 4 units and is part of the sale as an additional opportunity! One or more of this property's owners is a Real Estate Licensee.

Features

20 carspaces

7978 sq. ft. floor area

0.18 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Hartford over the last 12 months, the estimated median property value of 886 Maple Avenue is $699.9k.

Median value

$699.9k

Estimated value range

$630k - $785k

Median days on market

Estimated value trend

23%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Hartford. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 886 Maple Avenue

2023

Sold

$1,200,000

04 Dec 2023 by Molly Bradbury, of Berkshire Hathaway NE Prop.

Happy sellers in Hartford

We have insufficient information to provide an overview of customer satisfaction for Hartford. Viewing the agent profiles, reviews and sales for Hartford can provide insights for this location.