Welcome to 110 Main St, East Hartford, an investment and business opportunity positioned along a high visibility corridor.
| Website: | https://www.nestseekers.com/5363177 |
|---|---|
| Address: | 110 Main East Hartford, CT 06118 |
| Ownership: | Commercial |
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| Type: | Commercial |
| Bathrooms: | 4 |
| Area: | 2922 sq ft |
Financials
Price:$549,900
Annual Taxes:$6,523
Description
Welcome to 110 Main St, East Hartford, an investment and business opportunity positioned along a high visibility corridor. Zoned commercial (COMMERCIAL FINANCING REQUIRED), this versatile property supports a wide range of uses including office, retail, residential income, or professional services such as medical, legal, accounting, insurance, or real estate. Currently configured as a high performing income property, it features 3 separate rental units operating as a rooming house with a total of 6 bedrooms, 3 kitchens, and 3 full bathrooms. With a strong NOI of $44,174 and an attractive 8% cap rate, this is an excellent opportunity for immediate cash flow and long-term growth. Extensively updated in 2023, the property offers modernized interiors while maintaining flexible layout options to suit both investors and owner-users. This property benefits from exceptional exposure with very high daily traffic counts, ideal for business front signage and visibility. A private parking lot with approximately 20 spaces adds convenience for tenants, clients, and customers. Located just minutes from downtown Hartford, with easy access to I-84, I-91, and Rt-2, this property offers unmatched accessibility and strategic positioning. Whether you're looking to expand your business, establish a new location, or secure a strong income-producing asset, this property delivers on flexibility, visibility, and upside potential. Seller Financing Available: 25% downs, 8.75% interest rate, 20 year term
Amenities
- Elementary School -
- High School -
- Intermediate School -
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1 203-204-9555 | |
| Listing Courtesy of Michael Truong of eXp Realty | |