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270-276 Bellevue Street, Hartford, CT 06120
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$1,100,000
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Home Details for 270-276 Bellevue Street
Price
$1,100,000
Type
Commercial/Industrial
Bedrooms
20
Total Bathrooms
14.0
Full Bathrooms
10.0
Half Bathrooms
4.0
Year Build
1990
Sq. Ft.
9264
Lot Size
0.469
County
Hartford
Total Rooms
34
Tax
$25,894
MLS®️ Listing#
170530819
On exitrealty.com
787 days
Property Description
Investors Take Notice Of This True One Of A Kind Immaculate Turn-Key 8 Unit Up/Down Condo Style Building Built In 1990. Rare To Find Such A Well Maintained Excellent Condition Property To Add To Any Portfolio. A Perfect Investment Property To Take Over And Begin Collecting Positive Monthly Cash Flow Income With Minimal Landlord Expenses. Each Unit Comes With Kitchen, Eating Area, Living Room, In Unit Laundry, Vinyl Windows, Separate Gas Heat Boiler, Water Heater, Electrical Breaker Panel, And Separate Full Basement. The Property Also Features A Fenced Level Lot With Patio Area And 14 Car Private Parking Lot. Just Blocks From Downtown, Restaurants, Dunkin' Park Baseball Field, St Francis Hospital, Bushnell Park, Museums, Easy Access To I-84 And Rte-91 Hwy. Rents Were Kept Extremely Below Market Value Because Occupants Are Members Of A Not-For-Profit Cooperative Structure. All Occupants Are Month-To-Month And Pay All Separate Utilities. Fully Rented And Up To Date Payments. Fair Market Rents Are $1800 For 4 Bedroom Units, $1600 For 3 Bedroom Units, $1400 For 2 Bedroom Units. This Building Comes With (2x) 4 Bed/2 Bath, (4x) 3 Bed/1.5 Bath, (2x) 2 Bed/1 Bath Totaling $153,600 Annual Gross Income. 8.3% Cap Rate. Sold As Is. To Schedule Showing: 24 Hours Notice And Email Proof Of Funds, Prequal Or LOI To Listing Agent Prior To Confirmation. Don't Miss Out On This Amazing Opportunity!
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- Garage
- Paved
- Off Street Parking
- Parking Lot
- Heating Information
- Natural Gas
- Baseboard
- Utilities
- Cable Available
- Natural Gas Available
- Parking
- Off Street
- Parking Lot
- Cooling Information
- None
- Water Features
- Public
Listing courtesy: eXp Realty - 866-828-3951. Presented by: Michael H. Truong
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc.
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