1. Connecticut
  2. Hartford
  3. 270-276 Bellevue Street
$1,100,000

270-276 Bellevue Street, Hartford, CT 06120

  • 20 beds |
  • 14 baths |
  • 9,264 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1990
  • Property Lot Size Icon0.47acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $119/sqft
  • Property List Date Icon Listed 2 years ago

Property Description

Investors Take Notice Of This True One Of A Kind Immaculate Turn-Key 8 Unit Up/Down Condo Style Building Built In 1990. Rare To Find Such A Well Maintained Excellent Condition Property To Add To Any Portfolio. A Perfect Investment Property To Take Over And Begin Collecting Positive Monthly Cash Flow Income With Minimal Landlord Expenses. Each Unit Comes With Kitchen, Eating Area, Living Room, In Unit Laundry, Vinyl Windows, Separate Gas Heat Boiler, Water Heater, Electrical Breaker Panel, And Separate Full Basement. The Property Also Features A Fenced Level Lot With Patio Area And 14 Car Private Parking Lot. Just Blocks From Downtown, Restaurants, Dunkin' Park Baseball Field, St Francis Hospital, Bushnell Park, Museums, Easy Access To I-84 And Rte-91 Hwy. Rents Were Kept Extremely Below Market Value Because Occupants Are Members Of A Not-For-Profit Cooperative Structure. All Occupants Are Month-To-Month And Pay All Separate Utilities. Fully Rented And Up To Date Payments. Fair Market Rents Are $1800 For 4 Bedroom Units, $1600 For 3 Bedroom Units, $1400 For 2 Bedroom Units. This Building Comes With (2x) 4 Bed/2 Bath, (4x) 3 Bed/1.5 Bath, (2x) 2 Bed/1 Bath Totaling $153,600 Annual Gross Income. 8.3% Cap Rate. Sold As Is. To Schedule Showing: 24 Hours Notice And Email Proof Of Funds, Prequal Or LOI To Listing Agent Prior To Confirmation. Don't Miss Out On This Amazing Opportunity!

Listing Status:
Active
Date Added:
October 18, 2022 at 09:23AM
Listing Office:
eXp Realty : (866) 828-3951
Listing Agent:
Michael Truong : (860) 818-2150
MLS ID:
170530819
  • A/C: None
  • Heating: BaseboardNatural Gas

This listing courtesy of Michael Truong, eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

S.A.N.D. School

1750 Main St, Hartford, CT, 06120

Grades PK-5

0.37 miles away

F

Fred D. Wish Museum School

350 Barbour St, Hartford, CT, 06120

Grades PK-8

0.77 miles away

G

Global Communications Acadamy

85 Edwards St, Hartford, CT, 06120

Grades PK-12

0.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.