Exceptional Investment Opportunity in the Heart of Hartford's Little Italy !
229 Franklin
Hartford, CT 06114
Listing
| Web ID: | 5795673 |
|---|---|
| Website: | https://www.nestseekers.com/5795673 |
Property
| Ownership: | Multi-Family |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | 12 BR |
| Bathrooms: | 6 |
| Area: | 5248 sq ft |
Financials
Price:$725,000
Annual Taxes:$15,425
Description
Exceptional Investment Opportunity in the Heart of Hartford's Little Italy! Welcome to 229 Franklin Avenue, a well-maintained 6-unit brick apartment building with condominium tax status, offering an outstanding opportunity for investors seeking strong cash flow and long-term value. The property features six spacious two-bedroom, one-bathroom apartments, each offering generous floor plans with hardwood flooring, bright living and dining areas, eat-in kitchens with dishwashers, remodeled kitchens and bathrooms, stacked in-unit laundry, exposed brick accents, and foyer coat closets. Recent capital improvements include a 2-year-old flat rubber roof with a 25-year warranty, replacement windows, updated electrical service with individual subpanels, and separate tenant-paid natural gas heat and hot water, which minimizes owner expenses. The attractive brick exterior provides timeless curb appeal, and the property also offers off-street parking for tenant convenience. Located in the heart of Hartford's historic Little Italy neighborhood, this property is just minutes from Downtown Hartford, Hartford Hospital, Trinity College, Bushnell Park, major highways, restaurants, shopping, and public transportation. Benefiting from condominium tax status and a prime location in one of Hartford's most established neighborhoods, this is an excellent opportunity to add a quality multifamily asset to your investment portfolio.
Amenities
- Elementary School - Per Board of Ed
- High School - Per Board of Ed
- Intermediate School -
- Porch
- Sidewalk
- Window Unit
Contact
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Phone: +1 203-204-9555
Listing Courtesy of Tyler DeVecchis of Century 21 AllPoints Realty