Multi-Family: MLS #170503652 Hartford, CT $ 2,800,000
Multi-Family: MLS #170503652
$ 2,800,000
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Multi-Family: MLS #170503652

Hartford, CT, 06105
$ 2,800,000
Baths0.0 Sq 21,723

Monthly Estimate*

$ 19,559

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Studio

Multi-Family Home for sale in Hartford, CT

for $2,800,000. This 21,723 square foot home was built in 1928 on a lot size of 0.29.

132 Collins is a 30 unit brick asset located in the Asylum Hill Neighborhood of Hartford. This asset is located in the Opportunity Zone, allowing Investors to take advantage of the benefits associated with the location. This property has 3 stories/ with 10 units on each floor. The unit mix consists of: 3, 3 bedroom units; 9, 2 bedroom units; 6, 1 bedroom units; and 12 Studios. Pride of ownership is evident and this property has been owner managed and in the family for over 15 years. Updates include: Hard wired alarm system, Hardwood floors in 28 of 30 units, hardwood floors in all common areas except for the first floor which has carpet tiles. The windows have been replaced. The property has tenant paid electric. Electric is updated with sub panels and circuit breakers. Owner pays heat and water. The roof is 10 years old and there is an opportunity for laundry in the basement. Current ownership just canceled the laundry contract they had so that new ownership can choose their own strategy. This asset can be purchased with a SFR that has 13 parking spots for an additional $300k. There is the opportunity for assumable financing. The current loan balance is @ $1.4 million. Buyer would need to bring the balance to the closing as a down payment. Seller financing is NOT AVAILABLE. Please have POF for your client available. Please do not walk the property without a confirmed appointment.

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Multi-Family Pending

Price

$ 2,800,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Units on different Floors

Lot Size

0.29

Year Built

1928

Town/City

Hartford

MLS | Web ID

170503652

Features
General
Exterior Features Lighting
Zoning NX-1
Full Baths 0
Half Baths 0
Year Built 1928
Neighborhood Asylum Hill
Style Units on different Floors
Heater Type Steam
County Hartford
Property SubType 5 Family+
Tax Year July 2023-June 2024
Net Operating Income 174872
Property Type Multi-Family For Sale
Status Under Contract
Acres 0.29
Directions Asylum Hill Neighborhood Hartford.
High School Per Board of Ed
City Hartford
Energy Features Thermopane Windows
Street Name Collins
Elementary School Per Board of Ed
Sq Ft Total 21723
DOM 160
Video Tour Y/N 1
Year Built Source Public Records
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Interior
Cooling System None
Basement Description Full Unfinished
Total Fireplaces 0
Hot Water Electric
Total Bathrooms 0
Total Bedrooms 0
Total Number of Units 30
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Exterior
Water Source Public Water Connected
Garage Parking On Street Parking
Lot Description City Views Level Lot
Pool? 0
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Internal Only
Street Number 1 132
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* Excluded Features
List By
Lisa Cozzi

Listing Agent

Berkshire Hathaway Ne Prop.

Broker

mulveylisa@gmail.com

Email

Affordability Calculator

$19,559
Per Month
100%
0%
0%
Monthly Principal & Interest
$19,559
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
896384 Elementary School
895528 Middle School
Per Board Of Ed High School High School
Pricing History
DatePricePrice ChangeDescription
8/25/2022$2,800,000 -3.45% Price Down
6/25/2022$2,900,000 Listed Price

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