Hartford, CT 06106,118 New Park Avenue

$325,000

$345,000

5.8%
Est.Price: ?

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Est. payment /mo

10,334 SqFt


SOLD DATE : 10/19/2021

Key Details

Sold Price $325,000

Property Type Multi-Family

Sub Type 3 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 10,334 sqft

Price per Sqft $31

MLS Listing ID 170419751

Sold Date 10/19/21

Style Units on different Floors

Year Built 1920

Annual Tax Amount $9,537

Lot Size 6,098 Sqft

Property Sub-Type 3 Family

Property Description

Mixed use building with incredible income opportunity walking distance to the Parkville Market and the Design District!! Could potentially bring in $7,050/month in income when fully rented! Building has been totally renovated. First floor has laminate floors and new bathroom in 2015. Basement and 1st floor is available for storage space for $1,000/month. First floor space is intentionally kept empty and available for next buyer, or a lease can be signed for $3,000/month lease. 2nd floor has bamboo floors and 3 office suites, completely remodeled in 2015, currently rented at $650, $550, and an empty and available space with $650 potential income, totaling $1,800 for the 2nd floor. The 3rd floor is a residential 3 bedroom apartment rented currently rented for $1,200/month totally renovated with maple kitchen, granite countertops, bamboo floors, everything totally remodeled in 2015! Potential rent totals $7,050 per month! Great for event planner to have storage, insurance company on the 1st floor, small business on the 2nd floor. Insurance is $5000 a year, taxes are $11,00 a year and the light and gas is between $750-$1000 per month (for first and second floor). The water bill is $40-60 per month.

Location

State CT

County Hartford

Zoning NX-2

Rooms

Basement Unfinished

Interior

Heating Hot Air

Cooling Central Air

Exterior

Parking Features Attached Garage

Garage Spaces 1.0

Waterfront Description Not Applicable

Roof Type Flat

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 Julie Corrado • Coldwell Banker Realty
Bought with Chris Tse • Vision Real Estate
agent
Jon Sigler

Sales Associate | RES. RES.0808054

+1(860) 306-8029 | jon.sigler@cbrealty.com

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