32-34 Wolcott Street Under Contract

Hartford,CT 06106

$ 475000

8 Beds

6 Baths

4800 SqFt


Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $98

MLS Listing ID 24046940

Style Units on different Floors

Bedrooms 8

Full Baths 4

Half Baths 2

Year Built 1880

Annual Tax Amount $12,361

Lot Size 8,276 Sqft

Property Description

Great investment opportunity to purchase a turn-key FOUR family property yielding a 15% return at full market rents, which amounts to a yearly net cash flow of $30,000. The property is in great condition relative to: Unit condition, Exterior, Mechanicals and Parking (well above market condition overall). There are 4 oversized units, two 3 bed units and two 1 bed units. Utilities are tenant paid and there is ample off street parking. There is 1 vacant unit (3 bed), which makes this a great option for FHA, primary homeowners.

Location

State CT

County Hartford

Zoning NX-2

Interior

Heating Steam

Cooling None

Exterior

Parking Features None

Waterfront Description Not Applicable

Roof Type Shingle

Building

Lot Description Level Lot

Foundation Masonry

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

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