Properties Connecticut WebID 5083009
275 Westland
Hartford, CT 06112
United States
»
Connecticut

Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 101 BR
Bathrooms: 65
Pets: Pets Unknown
Area: 45000 sq ft

Financials

Price:$5,000,000
Annual Taxes:$179,473
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Richard Breglia of Coldwell Banker Realty

INVESTORS TAKE NOTICE ! Exceptional opportunity to own a fully renovated, fully occupied 50 unit multifamily asset with below market rents and tons of upside potential.

Description

INVESTORS TAKE NOTICE! Exceptional opportunity to own a fully renovated, fully occupied 50-unit multifamily asset with below-market rents and tons of upside potential. Three all-brick buildings (20, 15, and 15 units) feature a balanced mix of 6 townhouses, 8 studios, 6 one-bedrooms, 16 two-bedrooms, and 14 three-bedrooms. Originally built in 1959 and completely rebuilt to the studs in 2006 with over $4M invested. Major updates include new roofs, windows, plumbing, electrical (60-amp subpanels per unit), kitchens, and baths. Features dual-fuel hot water baseboard heat, tenant-paid electric with electric stoves, and energy-efficient insulation upgrades. Amenities include 3 laundry rooms ($1.50/load), 6 ADA-compliant units, fire alarm system, secured gated parking with pass card access, and on-site office/storage space. Turn-key, strong cash flow asset with significant rent growth potential.

Amenities

  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -
  • Window Unit
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