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.


Property

Website:https://www.nestseekers.com/5403510
Address:
186 Benton
Hartford, CT 06114
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 17 BR
Bathrooms: 6
Area: 7242 sq ft

Financials

Price:$849,999
Annual Taxes:$16,854

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 OBTAIN FINANCING***

Amenities

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

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Karen Kvietkauskas of Berkshire Hathaway NE Prop.