Hartford, CT 06112,204 Magnolia Street

$655,000

Est. payment /mo

$625,000

4.8%
Est.Price: ?

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204 Magnolia Street Hartford, CT 06112

14 Beds

6 Baths

6,480 SqFt

SOLD DATE : 11/16/2023

Key Details

Sold Price $655,000

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Sold

Purchase Type For Sale

Square Footage 6,480 sqft

Price per Sqft $101

MLS Listing ID 170601786

Sold Date 11/16/23

Bedrooms 14

Full Baths 6

Year Built 1924

Annual Tax Amount $15,488

Lot Size 7,405 Sqft

Property Sub-Type 5 Family+

Property Description

Presenting a lucrative and well maintained 6-unit apartment complex, offering a generous total of 14 bedrooms and 6 bathrooms. Located in Hartford, this property promises substantial income potential and is a wise addition to any discerning investor's portfolio! This property was Renovated in 2021, comprehensive upgrades throughout each unit to meet the latest living standards. Newly installed Navien tankless hot water/heating machines, guaranteeing optimal efficiency and reliability. This property is a dependable income generator, with its good condition, and updates ensuring high tenant demand and consistent rental income. Immediate income from the moment of acquisition The potential for asset value growth in Hartford's thriving rental market further accentuates its appeal to investors seeking stability and profitability. Whether you're an experienced investor or embarking on your first real estate investment journey, this property represents a prime opportunity to acquire a top-tier, income-producing asset.

Location

State CT

County Hartford

Zoning NX-2

Rooms

Basement Unfinished

Interior

Heating Baseboard

Cooling None

Exterior

Parking Features On Street Parking

Waterfront Description Not Applicable

Roof Type Other

Building

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

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Listed by Ian Linton • eXp Realty
Bought with Michael J. Kusy • Evermark Property Group
agent

Brian Burke

Agent | License ID: 0780445

+1(860) 798-3272

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