443 Washington StHartford, CT 06106
- Apartment buildings
Property Details for 443 Washington St
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a portfolio of six multifamily buildings totaling 47 units, strategically located in Hartford, Connecticut. The asking price is $3,900,000, representing a price per unit of $82,978.72 and a compelling 7.44% cap rate with a Net Operating Income (NOI) of $290,114. The portfolio comprises 12 units at 443 Washington St, 8 units at 1004 Broad St, 6 units at 1040 Capitol Ave, 9 units at 1041 Capitol Ave, 6 units at 16 Harper St, and 6 units at 22 Harper St. Recent renovations have modernized kitchens and bathrooms throughout the properties, enhancing their appeal and rental potential. 1006 Broad St underwent a complete renovation in 2019. Five of the locations feature separate meters for gas, hot water, and electricity (tenant-paid utilities), while 443 Washington St includes heat and hot water. This portfolio offers a new owner immediate income generation with the potential for further revenue growth through future rent increases as units turn over. The property is located in Hartford County, Connecticut, with a zip code of 06106. This is a turnkey investment ready for immediate ownership.
Location Insight
- City
- Hartford
- County
- Hartford
- State
- Connecticut
- Latitude
- 41.748
- Longitude
- -72.6837
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].