186 Benton St, Hartford, CT 06114

$849,999
17
BD
6
BA
7,242
SqFt

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List Price
$849,999
Status
ACTIVE
MLS#
24161875
Year Built
1920
Bedrooms
17
Bathrooms
6
Acres
0.14
Living Area
7,242

Property Description

ATTENTION INVESTORS---Welcome to 186-188 Benton Street, a well-maintained, second-generation owned six-family property in Hartford's South End offering strong income potential and desirable upgrades throughout. This property presents a compelling opportunity to achieve immediate, positive yield with additional upside through continued rent optimization. Based on current income and expenses, the property is projected to operate at an attractive capitalization, with the potential for further expansion as rents are adjusted and ancillary income streams are maximized. All units are rented to stable, long-term tenants. All units have been renovated with updated finishes. Five units have been modified to three-bedrooms for increased rental desirability. A new hot water heater, six new boilers, separate tenant-paid utilities, coin-operated washers, off-street parking and secure storage rooms in the basement make this property desirable for tenants and profitable for investors. Check it out today! ***BACK ON THE MARKET----BUYERS' FAILURE TO SECURE FINANCING***

Additional Information

Taxes
$16,854
Lot Size
6,098
Heating
Hot Water
Cooling System Type
None
Water Source
Public
Basement
Full, Storage Space, Concrete, Full
Parking Spaces
6
Elementary School
Per Board of Ed
High School
Per Board of Ed

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Calculator source: Real Geeks

Listing courtesy of Karen Kvietkauskas from Berkshire Hathaway NE Prop.. (860) 558-4397 (860) 688-7531

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