Gould Dr
E Hartford, CT 06118
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- 11% CAP | A MUST SEE!
- Renovated: Kitchens, Baths, Flooring, Fixtures, Paint
- Nice Brick Exterior + Replacement Windows
- Turk Key | Nicely Renovated Apartments
- Ample Off-Street Parking
PROPERTY FACTS
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 4,376 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.37/1,000 SF |
| Zoning | R-3 |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Oven
- Stainless Steel Appliances
- Porch
ABOUT GOULD DR , E HARTFORD, CT 06118
This is a rare opportunity to own a turnkey, brick building with 4 units in East Hartford. The property consists of (4) 1 bed/1 bath apartments. The property has historically low vacancy and is currently 100% occupied. There are no subsidy tenants. All the units have been nicely renovated with SS appliances, granite counter-tops, new counters/cabinets, and updated bath rooms + flooring, fixtures and paint. The utilities are currently a central gas furnace for heat. The electric was updated to circuit breakers in 2020 - separate and tenant paid. The brick exterior is in good condition and there are replacement windows throughout. There is ample off-street parking behind the property. This is a great, truly turnkey investment with 11% CAP rate (actual) and almost 12% CAP proforma. Won’t last!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $1,050 | - |
