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Additional details
$ 725,000
Est. payment /mo
New
229 Franklin Avenue Hartford, CT 06114
12 Beds
6 Baths
5,248 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 5,248 sqft
Price per Sqft $138
MLS Listing ID 24192419
Style Units on different Floors
Bedrooms 12
Full Baths 6
Year Built 1988
Annual Tax Amount $15,425
Lot Size 8,712 Sqft
Property Sub-Type 5 Family+
Property Description
Exceptional Investment Opportunity in the Heart of Hartford's Little Italy! Welcome to 229 Franklin Avenue, a well-maintained 6-unit brick apartment building with condominium tax status, offering an outstanding opportunity for investors seeking strong cash flow and long-term value. The property features six spacious two-bedroom, one-bathroom apartments, each offering generous floor plans with hardwood flooring, bright living and dining areas, eat-in kitchens with dishwashers, remodeled kitchens and bathrooms, stacked in-unit laundry, exposed brick accents, and foyer coat closets. Recent capital improvements include a 2-year-old flat rubber roof with a 25-year warranty, replacement windows, updated electrical service with individual subpanels, and separate tenant-paid natural gas heat and hot water, which minimizes owner expenses. The attractive brick exterior provides timeless curb appeal, and the property also offers off-street parking for tenant convenience. Located in the heart of Hartford's historic Little Italy neighborhood, this property is just minutes from Downtown Hartford, Hartford Hospital, Trinity College, Bushnell Park, major highways, restaurants, shopping, and public transportation. Benefiting from condominium tax status and a prime location in one of Hartford's most established neighborhoods, this is an excellent opportunity to add a quality multifamily asset to your investment portfolio.
Location
State CT
County Hartford
Zoning Commerical/Condo Tax Status/Re
Rooms
Basement Full, Unfinished
Interior
Heating Baseboard
Cooling Window Unit
Exterior
Exterior Feature Sidewalk, Porch
Waterfront Description Not Applicable
Roof Type Flat
Building
Lot Description Corner Lot
Foundation Masonry
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Tyler DeVecchis • Century 21 AllPoints Realty