Log In/Sign Up
Your email has been sent.
21-23 Glendale Ave 6 Unit Apartment Building $925,027 CAD ($154,171 CAD/Unit) 8.44% Cap Rate Hartford, CT 06106
Investment Highlights
- Strong in place cash flow
- Value add upside
- Many updates
Executive Summary
Excellent opportunity to acquire a cash-flowing 6-unit brick multifamily asset located in the South End of Hartford. This 8,702 SF, three-story building features six 2-bedroom, 1-bath units. The property has seen numerous updates, including some renovated kitchens, a newer roof, updated fire-rated doors, newer hot water tanks, and an updated fire alarm system. Separate, tenant-paid utilities help maximize income potential. Ideally situated close to shopping, restaurants, parks, and major highways, the location offers strong rental demand and convenience for tenants. Additional highlights include off-street parking. A strong investment opportunity offering immediate cash flow with value-add upside.
Property Facts
| Price | $925,027 CAD | Lot Size | 0.17 AC |
| Price Per Unit | $154,171 CAD | Building Size | 6,048 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 8.44% | No. Stories | 3 |
| No. Units | 6 | Year Built | 1927 |
| Property Type | Multifamily | Parking Ratio | 0.99/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R4 | ||
| Price | $925,027 CAD |
| Price Per Unit | $154,171 CAD |
| Sale Type | Investment |
| Cap Rate | 8.44% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 6,048 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1927 |
| Parking Ratio | 0.99/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | HTFD-000184-000518-000189 | Improvements Assessment | $289,371 CAD |
| Land Assessment | $54,384 CAD | Total Assessment | $343,755 CAD |
Property Taxes
Parcel Number
HTFD-000184-000518-000189
Land Assessment
$54,384 CAD
Improvements Assessment
$289,371 CAD
Total Assessment
$343,755 CAD
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
21-23 Glendale Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.