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Mixed-use investment opportunity offering a 10% CAP rate. The property consists of (6) spacious 3-bedroom, 1-bath apartments, each averaging 1,320 square feet, plus one adjacent commercial grocery space with roughly 400 SF. The property is 100% occupied, providing immediate, stable cash flow. Residential units feature hardwood flooring, laundry hookups, and select kitchen and bathroom updates. All
Mixed-use investment opportunity offering a 10% CAP rate. The property consists of (6) spacious 3-bedroom, 1-bath apartments, each averaging 1,320 square feet, plus one adjacent commercial grocery space with roughly 400 SF. The property is 100% occupied, providing immediate, stable cash flow. Residential units feature hardwood flooring, laundry hookups, and select kitchen and bathroom updates. All utilities are separately metered and tenant-paid, helping minimize operating expenses. The commercial space provides diversified income while offering long-term investment potential. Located in Hartford’s North End with convenient access to Downtown Hartford, Saint Francis Hospital, parks, public transportation, shopping, schools, and major highways. An outstanding opportunity for investors seeking a stabilized asset with strong unit layouts, diversified income, and future upside through continued rent growth and operational improvements.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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