38 Redding Street is a 6 unit multifamily located in the South End with 8 CAP rate, offering 6 2.
| Website: | https://www.nestseekers.com/5613548 |
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| Address: | 38-40 Redding Hartford, CT 06114 |
| Ownership: | Multi-Family |
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| Type: | Multi-Family |
| Bedrooms: | 12 BR |
| Bathrooms: | 6 |
| Area: | 5643 sq ft |
Financials
Price:$700,000
Annual Taxes:$18,070
Description
38 Redding Street is a 6-unit multifamily located in the South End with 8% CAP rate, offering (6) 2.5-bedroom, 1-bath units with roughly 940 SF each. the property is 100% occupied. Units feature hardwood floors throughout with some kitchen and bath updates. Utilities are separately metered and tenant-paid (gas heat and hot water). No on-site laundry and mostly on-street parking. There is a private, paved driveway with tandem parking for a couple cars. Conveniently located in the south end, walking distance to Colt Park, near Downtown Hartford, Hartford Hospital, major highways, public transportation, shopping, and neighborhood amenities, this is an excellent start or addition to any investment portfolio.
Amenities
- Elementary School - Per Board of Ed
- High School - Per Board of Ed
- Intermediate School -
- Lighting
- Porch
- Sidewalk
- Window Unit
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1 203-204-9555 | |
| Listing Courtesy of Amanda Faroni-Sheehan of Oxford Realty | |