16-20 Henry St, Hartford, CT 06114

$1,799,000
22
BD
18
BA
15,012
SqFt

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List Price
$1,799,000
Status
ACTIVE
MLS#
24152320
Price Change
▼ $26,000 1776467706
Year Built
1966
Bedrooms
22
Bathrooms
18
Acres
0.47
Living Area
15,012

Property Description

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!

Additional Information

Taxes
$30,105
Lot Size
20,473
Heating
Hot Water, Steam
Cooling System Type
Window/Wall
Water Source
Public
Basement
Full, Partial
Garage Spaces
3
Elementary School
Per Board of Ed
High School
Per Board of Ed

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Calculator source: Real Geeks

Listing courtesy of Maddy Ceruti from Century 21 AllPoints Realty. (860) 559-0978 (860) 263-2121

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