This brick asset consists of 30 units on a quiet street off of Farmington Ave within walking distance of one of the largest employers in the area, the Aetna Insurance headquarters. The unit mix is: 2-bed/1-bath units; 23: 1-bed/1-bath units; 5: Studio/1-bath units. The property’s location, condition & occupancy levels offer an investor a superb opportunity to own within Hartford's multifamily market. The 3-story brick building was constructed in 1965, is 22,326 sf, & is situated on .47 acres. Ownership has remodeled several units with top of the line finishes, including: stainless appliances, granite countertops, modern flooring, shaker cabinets, decorative backsplashes, attractive lighting & cordless shades. Pride of ownership is evident as the common areas have been recently upgraded with new flooring, paint, & LED lighting, enhancing the curb appeal, and paving the way for additional unit renovations.
Other amenities include: elevator, on site parking, newer windows and a security camera system. The Landlord is responsible for heat, water, sewer & common area electric. The heating system is natural gas and there is a flat roof. The tenants pay electric and electric has been updated to
circuit breakers and there are subpanels for each unit. The building has newer windows. Rents increased 10% Year over Year since March 2020, when majority ownership took over Property Mgmt.This asset can be purchased individually or as part of the 505 Unit “Historic West End Portfolio".
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