Description
Rare opportunity to own 68 units on one parcel in the Asylum Hill area of Hartford. This offering consists of 5 adjacent, brick buildings and one building lot. The unit mix is: 1, 4 bedroom townhouse; 22, 3 bedroom townhouses; 19, 2 bedroom ranch style; 11, 1 bedroom ranch style; and, 15 studios. 16 of these units have 2 full bathrooms. Since acquisition, the current owner has remodeled the common areas (new entrance doors on order) and renovated 25+ units with modern finishes. This asset was also gutted to the studs approximately 25 years ago. This property has: secured entry with pass card systems, large fenced in parking lot (recently paved), modern laundry rooms, updated electrical, and an onsite office. Recent mechanical upgrades include: buildings 36 & 46 have new circular pumps, building 40 has new water heaters, and buildings 46 & 48 have 5 year old roofs, and a few of the boilers have been replaced. This asset is located near the Hartford Insurance and St Francis Hospital.
Location
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Listing Agent: Lisa Cozzi
Listing Office: Berkshire Hathaway NE Prop.
