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63-69 Colonial St
Hartford, CT 06106

Multifamily Property For Sale · 12 Units

PROPERTY FACTS

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.24 AC
Building Size 8,232 SF
Average Occupancy 100%
No. Stories 3
Year Built 1927
Parking Ratio 1.21/1,000 SF

About 63-69 Colonial St , Hartford, CT 06106

The Cozzi Team is please to present this is turn key investment opportunity across from Trinity's Rugby Field on a side/residential street. The property is a brick building with (12) 1 bedroom/1 bathroom units. It is 100% occupied. Overall, the property has a historically high occupancy rate and is well maintained/managed. The avg. rental income is approx. $650 cold flat per month. The units have mostly hardwood floors and some updates - including kitchens and bath rooms. The heat and hot water are separate and tenant paid - gas (boilers and hot water tanks are in avg./good condition). The electric is also separate and tenant paid - updated/circuit breakers. The roof is approx. 9 years old. There is coin-op laundry in the basement bringing in additional income. There are also garages behind the property springing in additional monthly income. There is off street parking behind the building. Overall the building is well maintained and in close proximity to Trinity! This can be purchased with an additional 9 units next door at 1554 Broad Street/73 Colonial Street.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 12 $650.00 690

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
HTFD-000228-000547-000028
Land Assessment
$79,030
Improvements Assessment
$365,470
Total Assessment
$444,500

zoning

Zoning Code R2
R2
  • Listing ID: 12015578

  • Date on Market: 3/22/2018

  • Last Updated:

  • Address: 63-69 Colonial St, Hartford, CT 06106

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