Park St
Hartford, CT 06106
VALUE ADD Opportunity! · 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 | 0.08 AC |
| Building Size | 6,104 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Parking Ratio | 1.4/1,000 SF |
| Zoning | MS-1 - The MS-1 district is characterized by low-scale Storefront Buildings and houses converted to commercial uses, all fronting pedestrian-friendly areas. |
AMENITIES
UNIT AMENITIES
- Refrigerator
- Oven
SITE AMENITIES
- Security System
ABOUT PARK ST , HARTFORD, CT 06106
The Cozzi Team is proud to present an 15% CAP, VALUE ADD opportunity, in this brick, 17 unit asset located over one city block on Park Street - located across from where the new library is being built. The asset is a total of 12 residential units and 5 retail units. The apartments are spacious and feature open kitchens + living area + beds and bath. The unit mix consists of: 4, 3 bedroom units and 8, 2 bedroom units. Tenants pay their own heat and electric. The electric is updated to circuit breakers and there is a sub panel in each unit. There are new heating systems in each unit as well. Many of the windows have been replaced. There is a large fenced in parking lot adjacent to the asset. Security cameras in place. This opportunity requires renovation and has excellent upside potential.
PROPERTY TAXES
| Parcel Number | HTFD-000204-000536-000208 | Improvements Assessment | $160,160 |
| Land Assessment | $11,270 | Total Assessment | $171,430 |
