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203 Sisson Avenue , #5

Hartford, CT 06105
  • $360,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 170448430
UPDATED: 24 min ago
$360,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,438
    SQFT
  • $56
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Description

2 Deal Investment PACKAGE with Strong Cash Flow: This well-maintained and fully rented mixed use (apt/retail) investment property is comprised of 3 retail units & 2 apartments all fully rented. The apartment units offer one (1) bedroom and (1) spacious three-bedroom both currently rented and in great condition. Each unit has their own individual meters and heating system. There is also a three (3) car garage which is fully rented for additional income. The average rental rate in the building is approximately $755 per month which is considered relatively low compared to the average monthly rents within the area; therefore, a new owner should benefit from a reasonable monthly increase in rents for added value. West End location conveniently located within walking distance shopping, restaurants, bus transportation and I-84. *This property MUST be sold as a PACKAGE DEAL with MLS#170448513 (2 multi-family unit). The combined NOI is approx. $40k /Cap 8.5%-Both Properties (Sisson & Mansfield) Asking $485,000

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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 2021 SmartMLS, Inc. Data last updated: 2021-12-03T20:09:50.707.
www.faifmangroup.com/homes/122880756
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203 Sisson Avenue , #5 Hartford, CT 06105

  • Price: $360,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 24 min ago
  • MLS #: 170448430
0
Beds
0
Baths
0
½ Baths
0.2
Acres
6,438
SQFT
$56
$/SQFT
1920
Built
Neighborhood:
West End
County:
Hartford
Area:
Hartford
Property Description
2 Deal Investment PACKAGE with Strong Cash Flow: This well-maintained and fully rented mixed use (apt/retail) investment property is comprised of 3 retail units & 2 apartments all fully rented. The apartment units offer one (1) bedroom and (1) spacious three-bedroom both currently rented and in great condition. Each unit has their own individual meters and heating system. There is also a three (3) car garage which is fully rented for additional income. The average rental rate in the building is approximately $755 per month which is considered relatively low compared to the average monthly rents within the area; therefore, a new owner should benefit from a reasonable monthly increase in rents for added value. West End location conveniently located within walking distance shopping, restaurants, bus transportation and I-84. *This property MUST be sold as a PACKAGE DEAL with MLS#170448513 (2 multi-family unit). The combined NOI is approx. $40k /Cap 8.5%-Both Properties (Sisson & Mansfield) Asking $485,000
Exterior Features

Construction Description Frame Foundation Type BrickConcrete Lot Description Level Lot Parking Total Spaces 0 Road Frontage Description State RoadPaved Road Roof Information Asphalt Shingle

Interior Features

Cooling System Central AirWindow Unit Heat Type Steam

Property Features

Bank Owned Property Yn No Commercial Category InvestmentResidential IncomeRetail Documents Available Brochure Garage Parking Info Detached GarageCovered GarageAssigned Parking Heat Fuel Type Natural Gas Location Highway AccessDowntownStrip Mall Possession Availability Immediate Potential Short Sale Yn No Present Use AptBarberRetail &Juice Bar Property Tax 10619 Sewage System Public Sewer Connected Sign Yn No Tenants Number Of 5 Utilities Available ElectricGasCable Available Water Source Public Water Connected Zoning Nx-1

Listing information © 2021 Smart MLS
Listing provided courtesy of John J Vercelli of Elite Realty Group Llc.


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 2021 SmartMLS, Inc. Data last updated: 2021-12-03T20:09:50.707.
 
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Faifman Group
47 Riverside Ave
Westport CT, 06880