Solid mixed use property.


Property

Website:https://www.nestseekers.com/5177220
Address:
450 Franklin
Hartford, CT 06114
Ownership: Commercial
Type: Commercial
Bathrooms: 17
Area: 15429 sq ft

Financials

Price:$2,599,000
Annual Taxes:$30,016

Description

Solid mixed use property. 12 good sized one bedroom apartments and 5 commercial units. All separate utilities. Fully occupied. Most of them are long term tenants. This building was completely renovated in the late 90s. New sheetrock has been installed on all walls in all apartments and hallways. All doors, door frames, windows and window frames have been replaced, so you have peace of mind with the lead paint issue. All electric meters and gas meters have been replaced at some point. there are 12 parking spaces for the residential tenants. parking at side of the building and on the street. Heavy foot traffic generates good business for the commercial tenants. Typical neighborhood business , Chinese Restaurant, Grocery store, Laundromat, Check and Cash and Nail Salon, as these business are all doing well. Seller to pay for new pavement in front of the building, and to repair back parking lot with a new coasting. Laundromat business can be sold together at buyer's option.

Amenities

  • Elementary School -
  • High School -
  • Intermediate School -

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Lani Liu-Helisch of Sovereign Properties