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32-34 Wolcott St

4 Unit Apartment Building $499,000 ($124,750/Unit) 8.50% Cap Rate Hartford, CT 06106

Apartment Buildings Connecticut Hartford 32-34 Wolcott St, Hartford, CT 06106

Executive Summary

Great investment opportunity to purchase a turn-key FOUR family property yielding a 12% ROI Proforma. The property is in great condition, relative to: Unit condition, Exterior, Mechanicals and Parking (well above market condition overall). There are 4 oversized units, 2 THREE bed units and 2 ONE bed units. Utilities are tenant paid and there are currently 3 unrented units, with ample off street parking. Unrented units are only a matter of timing, and NOT condition. All unrented units are rent-ready and may convey rented. This property would be a great option for FHA, primary homeowners.

Attachments

32-34 Wolcott Income and Expense

Property Facts

Price $499,000 Building Class C
Price Per Unit $124,750 Lot Size 0.20 AC
Sale Type Investment Building Size 4,800 SF
Cap Rate 8.50% No. Stories 3
No. Units 4 Year Built 1880
Property Type Multifamily Parking Ratio 1.88/1,000 SF
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style Low Rise
Price $499,000
Price Per Unit $124,750
Sale Type Investment
Cap Rate 8.50%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.20 AC
Building Size 4,800 SF
No. Stories 3
Year Built 1880
Parking Ratio 1.88/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Detector
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Walk Score ®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

zoning

Zoning Code NX-2 (Mixed Zone)
NX-2 (Mixed Zone)
  • Anthony Velez
    Anthony Velez
  • Realty Exclusive Llc
(860) 519-3800

  • Listing ID: 33193619

  • Date on Market: 9/16/2024

  • Last Updated:

  • Address: 32-34 Wolcott St, Hartford, CT 06106

More public record information on 32-34 Wolcott St, Hartford, CT 06106

The Multifamily Property at 32-34 Wolcott St, Hartford, CT 06106 is currently available For Sale. Contact Realty Exclusive Llc for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

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32-34 Wolcott St
(860) 519-3800 x

32-34 Wolcott St

Anthony Velez

(860) 519-3800

(860) 519-3800

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