$1,098,888

10 Bedrooms Multi Family Home

  • 10 Beds
  • 9 Baths
  • 5,846 Sqft
  • 13,504 Sqft lot
  • Updated: September 12
  • MLS#24205669

About the Property

9.4% ROI | 7.7% CAP RATE | 9-UNIT MIXED-USE INVESTMENT OPPORTUNITY! Positioned along East Hartford’s active Burnside Avenue corridor, 654 Burnside Avenue offers investors a diversified income stream with one cafe plus eight residential units consisting of one 2-bedroom, three 1-bedroom apartments and four studios. The cafe pays its own gas and electric, helping reduce ownership expenses, while amp
9.4% ROI | 7.7% CAP RATE | 9-UNIT MIXED-USE INVESTMENT OPPORTUNITY! Positioned along East Hartford’s active Burnside Avenue corridor, 654 Burnside Avenue offers investors a diversified income stream with one cafe plus eight residential units consisting of one 2-bedroom, three 1-bedroom apartments and four studios. The cafe pays its own gas and electric, helping reduce ownership expenses, while ample on-site parking adds convenience for both residential and commercial tenants. Recent property improvements include a new front porch, front entry doors, central boiler and hot water heater and select replacement windows. With a combination of commercial and residential income, strong visibility along Burnside Avenue, access to public transportation and proximity to neighborhood retail and services, this property presents an attractive opportunity to acquire a cash-flowing mixed-use asset. Multiple income streams. Ample parking. Strong returns. One investment.
  • Property type

    House

  • Year built

    1903

  • Price/sqft

    $187

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645 Burnside Avenue, East Hartford, CT 06108, Connecticut, United States View on Google Maps
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Lisa Cozzi

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Lisa Cozzi
Connecticut, United States
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2025
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CENTURY 21 AllPoints Realty
CENTURY 21 AllPoints Realty
1160 Silas Deane Highway Suite 102, 06109, Wethersfield, Connecticut, United States
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Last updated
September 12
First listed
Sep 12
Listing reference
622F3777-507E-4DD8-9A85-3ED02C7F58E5
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