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204-206 Magnolia Street, Hartford CT 06112

Current Price: $750,000

14 beds 6 baths 6480 sq. ft

Last Update: 11/21/2024

Property Type: Multi-Family For Sale

Public Remarks

Discover an exceptional investment opportunity with this well-maintained 6-unit apartment complex in Hartford, boasting 14 bedrooms and 6 bathrooms. This property is designed for substantial income potential and is a smart choice for any investors portfolio. Recently renovated in 2021, each unit has been upgraded to meet contemporary living standards. Additionally, a brand-new roof was installed in July 2024, and the property is equipped with Navien tankless hot water/heating systems for superior efficiency and reliability. The propertys excellent condition and recent upgrades ensure high tenant demand and reliable rental income from the outset. Hartfords thriving rental market offers significant potential for asset value growth, making this property an attractive option for those seeking a stable and profitable investment. Whether youre an experienced investor or exploring your first real estate venture, this complex provides a prime opportunity to acquire a top-tier, income-generating asset.

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Residential Property Information for 204-206 Magnolia Street, Hartford CT 06112

MLS #: 24035373

Style: Units on different Floors

Color:

Total Rooms:

Bedrooms: 14

Bathrooms: 6

Acres: 0.17

Year Built: 1924 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $15,488

Zoning: NX-2

Mil Rate:

Assessed Value: $224,630 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 6480; below grade sq feet total is ; total sq ft is 6480

Features
Laundry Location & Info: None 
Fireplaces: 0
Basement Desc.: Full,Unfinished
Exterior Siding: Brick
Foundation: Concrete
Roof: Flat
Garage/Parking Type: None
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Level Lot
Occupied: Tenant
Utility Information

Hot Water System Tankless Hotwater

Heat Type: Hot Water

Fueled By: Natural Gas.

Cooling: None

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle:

High School: Per Board of Ed

Marketing History

Current List Price: $750,000

Original List Price: $700,000

DOM: 118

Listing Date: 7/26/2024

Last Updated: 8/22/2024 11:48:12 PM

Listing Agent and Broker

List Agent Name: Michael Kusy

List Office Name: Evermark Property Group