ATTENTION INVESTORS! Rare brick 3-family offering exceptionally large four-bedroom layouts, strong in-place income and significant rental upside. Each apartment is configured with 4 bedrooms, each with a window, closet and door, while still offering a separate living room and kitchen. Property has a history of housing-assisted tenancies utilizing the four-bedroom configuration. Fully occupied and currently generating $4,375/month ($52,500 annually). Units 2 and 3 were renovated in 2024. Seller's market-rent analysis supports approximately $1,850-$2,000/month per unit, or $5,550-$6,000/month total. Each apartment has separate gas and electric meters, plus a separate owner electric meter. Additional features include brick construction, approximately 4,671 SF of living area, rear parking and a detached 3-bay garage. Convenient Frog Hollow location near Hartford Hospital. Excellent opportunity for current cash flow and future NOI growth. Sold as-is. One of the parties to the LLC has an active real estate license.
Listing By
Agency Name: The Bella Group, LLC
Agent Name: Nauman Nafees
Agency Phone: (860) 8680639
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 1,617.97 per month $890.00 Principal & Interest $611.33 Property Tax $116.64 Homeowner's InsuranceColdwell BankerĀ® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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98 Russ | MLS# 24210257
This multi-family property located at 98 Russ, Hartford, CT 06106 is currently listed for sale with an asking price of $399,900. Search Hartford real estate on www.coldwellbankerchoice.com today.