Michael P Doherty
This listing was posted on RealtyWW.
$1,050,000
Hamilton St, Hartford, Home For Sale
Price:
$1,050,000
BR/BA:
10+ BR, 10+ BA
Location:
206 Hamilton St, Hartford, CT
Description:
This is a great opportunity to acquire this 12 unit brick building located in the Parkville area of Hartford, CT. All utilities are separate, and tenant paid. Ownership has spent over 100k in the last 2 years in cap ex and maintenance and repairs. Value add by increasing rents closer to market rates. 6 out of 12 units have been remodeled. Hartford, CT continues to be one of the fastest growing cities in New England. As of 2024, Hartford has experienced an average year-over-year rent growth of approximately 7-9%. The average rent for a one-bedroom apartment in Hartford is around $1, 350 per month, while a two-bedroom apartment averages about $1, 650 per month. Over the past five years, rent in Hartford has increased by approximately 20%, reflecting the city's growing demand for rental properties. Hamilton Street is located in the desirable Parkville area which has seen significant developments over the past decade, contributing to its transformation into a thriving urban neighborhood. Key initiatives and projects include, revitalization of historic buildings, the development of Parkville Market and many infrastructure improvements.For more details: https://realtyww.info/homes_hartford-d530454/for-sale_i77277714
Property Type:
Single-Family Houses
Posted:
October 27 on RealtyWW
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More About this Listing: Hamilton St, Hartford, Home For Sale
Hamilton St, Hartford, Home For Sale is a 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale at 206 Hamilton St in Hartford CT. Find other listings like Hamilton St, Hartford, Home For Sale and listings near 206 Hamilton St by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale in Hartford CT.
Hamilton St, Hartford, Home For Sale is a 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale at 206 Hamilton St in Hartford CT. Find other listings like Hamilton St, Hartford, Home For Sale and listings near 206 Hamilton St by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale in Hartford CT.