Property Listing No Longer Available for Sale

164 Babcock Street, Hartford, CT

Multi-family for Sale - $629,900 - 6,930 Sq. Ft.


Property Info

CIMLS#1081638
Location
  164 Babcock Street
  Hartford CT 06106
UpdatedJanuary 22nd, 2021
TypeMulti-family
Price$629,900
Building6,930 Sq. Ft.

Property Description

Investors take notice! 9.5% CAP. This centrally located, updated brick building with 6 units offers plenty of opportunities. All units are 3 bed apartments, ~1,300 sqft each. Entire property was gut renovated around 10 years ago, including mechanicals, refreshing interior of all units, replacing the roof. This year: replaced water heaters, upgraded 3 out of 6 furnaces. Spacious units newer interior doors, flooring and paint. The apartments include updated eat-in kitchens. Remodeled baths vanities, tile, tubs and toilets. The building provides high rents and has 100% occupancy. Utilities are separate and paid by tenants Central HVAC; electrical panel in each unit. There is video surveillance both inside and out. The driveway is shared with the neighbor, plenty of off-street parking in the back. Mint condition! Great opportunity to own a turnkey, fully occupied property with over 9.5% CAP return!


Financials


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