$700,000
Active
1 Day Online
14 Beds6 Baths6,480 SQFT
Active

204-206 Magnolia Street Hartford, CT 06112

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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.

  • Property TypeMulti-Family
  • NeighborhoodUpper Albany
  • CountyHartford
  • Taxes$15,488
  • HOA/Condo/Coop Fees$0
  • Days on Site0 Days
  • MLS StatusActive
  • MLS ID Number24035373
  • Home Size Source N/A
  • Year Built1924
  • Lot Size0.17 Acres
  • Full Baths6
  • Partial BathsN/A

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General Features

  • Style Units on different Floors
  • Construction Brick
  • Parking None
  • Sewer Public Sewer
  • Basement FullUnfinished
  • Acreage 0.17
  • Water Public
  • Property Sub Type Multi Family
  • Foundation Concrete Perimeter
  • Zoning NX-2

Interior Features

  • Cooling None
  • Heating Natural GasHot Water
  • Fireplaces 0
  • Laundry Features None

Exterior Features

  • Roof Flat
  • Waterfront Property No
  • Waterfront Features Not Applicable
  • Lot Level Lot

Schools

School District
Unknown
Elementary School
Per Board of Ed
Middle School
Unknown
High School
Per Board of Ed

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Monthly Payment (Est.)

$3,643
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