204 206 Magnolia
Hartford, CT 06112
- 14 beds
- 6 baths
- 6,480 sqft
- 7,405 sqft lot
- $115 per sqft
- 1924 build
- – on site
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 investor's 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 property's excellent condition and recent upgrades ensure high tenant demand and reliable rental income from the outset. Hartford's 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 you're an experienced investor or exploring your first real estate venture, this complex provides a prime opportunity to acquire a top-tier, income-generating asset.
Listing courtesy of SMART_MLS / Michael Kusy / Evermark Property Group
Last checked:
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Last updated Nov 12, 2024
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MLS# 24035373 —
The Building
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Year Built:1924
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Year Built Source:Public Records
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New Construction Type:No/Resale
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Style:Units on different Floors
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Roof Information:Flat
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Attic:No
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Exterior Siding:Brick
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Foundation Type:Concrete
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Basement Description:Full, Unfinished
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SqFt Total:6480
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SqFt Est Heated Above Grade:6480
Interior
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Laundry Room:None
Location
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Directions:Use GPS
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Neighborhood:Upper Albany
The Property
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Parcel Number:608623
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Property Type:Multi-Family For Sale
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Property Subtype:5 Family+
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Zoning:NX-2
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Acres:0.17
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Acres Source:Public Records
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Lot Description:Level Lot
Listing Agent
- Contact info:
- Agent phone:
- (860) 384-6530
Taxes
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Tax Year:July 2024-June 2025
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Property Taxes:15488
Beds
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Beds Total:14
Baths
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Total Baths:6
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Full Baths:6
Heating & Cooling
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Heat Type:Hot Water
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Heat Fuel Type:Natural Gas
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Cooling System:None
Utilities
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Water Source:Public Water Connected
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Sewage System:Public Sewer Connected
Schools
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Elementary School:Per Board of Ed
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High School:Per Board of Ed
The Community
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Swimming Pool:No
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Direct Waterfront:No
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Waterfront Description:Not Applicable
Parking
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Garage/Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/22/24
Aug 22, 2024
|
Price Changed | SMART_MLS | $750,000 | 7.1% |
7/26/24
Jul 26, 2024
|
Listed / Active | SMART_MLS | $700,000 |