SoldJan 21, 2022

Listed by John Vercelli from Elite Realty Group LLC

Source: SmartMLS Connecticut #170448513

87 Mansfield St, Hartford, CT, 06112

$121,250

4
2
1960 sq. ft.
0.2 ac.

Duplex

30+ days on the market

Sold: Jan 21, 2022

What's around 87 Mansfield St

About this property

2 Deal Investment PACKAGE with Strong Cash Flow: This two-story, 2 family up and down style multi-family home offers plenty of upside potential value. Each unit has two (2) bedrooms and one (1) full bath, both units offer hardwood flooring. Each unit also has its own separate utilities/ gas heating and electric meters. There is a paved driveway and large level fenced-in back yard. Both units are currently rented on a MTM lease. With some improvements a new owner should benefit from a reasonable monthly increase in rents as the apartment rental demand continues to be strong in and around the Hartford market as rents continue to rise and inventory remains low. The property is located within close proximity Keny Park/Golf Course, and just minutes away from down-town business, shopping, restaurants and highway access i-84/91. This property MUST be sold as a PACKAGE deal with MLS# 1704448430 (5-UNITS Mixed USE) However, If agreed to sell separately the asking price is adjusted to $134k . The combined NOI is approx. $41k /Cap 8.5%-Both Properties (Mansfield & Sisson) Asking $485,000.

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