905 Park Street, Frog HollowHartford, CT 06106MLS Number 170164228

  • Price: $900,000
  • Est. Mortgage of $/month
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$
%
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Federal 30-year interest rate: 4.28% last updated on Mar 21, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.23Acreage
  • 1920Year Built
  • 11,775Square Feet

This is a turn key, 15 unit investment opportunity under one roof. with 10+% CAP! The unit mix consists of: 10 - 1 Bed Units and 5 - 2 Bed Units. the building was renovated in 2017, including: Windows, 15 Furnaces, 15 Hot Water Heaters, Plumbing, Electrical, Gutter Drains and a TYCO Security System w/Camera. The units feature hardwood floors and various bathroom and kitchen updates throughout. There is separate and tenant paid utilities - Gas H & HW + gas stoves for cooking. The electric is updated, separate and also tenant paid. The property has a new gated entrance and some off-street parking available. It also benefits from a tax abatement - currently UNDER $8k per year. *The tax abatement remains in place until July this year them over a 5YR period it comes in 20% per year. So the buyer has exceptionally low taxes presently, and can enjoy at least another 3yrs of very low taxes. (Please ask for additional info. on this).

Listed by Amanda R Faroni of Berkshire Hathaway NE Prop.

Driving Directions

Vernon Office
Vernon Office
Office: 860-871-2775
646 Hartford Turnpike
Vernon, CT 06066

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Vernon Office 860-871-2775

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More Info

Basic Information

  • StatusACT
  • List Price$900,000
  • Square Feet11,775
  • HoaNo
  • Lease purchaseNo
  • Units15
  • Net operating income97303
  • Property subtype5 Family+
  • Property TypeMulti-Family For Sale
  • Acreage0.23
  • MLS Number170164228

Property

  • Lot DescriptionN/A
  • Driveway TypePrivate, Paved
  • Garage
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneNo
  • SwimmingpoolNo
  • Building ConstructionBrick

Auction

  • Bank owned propertyNo

Other

  • Radon mitigation airNo
  • Radon mitigation waterNo
  • Space is leasedNo
  • View Count7

Tax Information

  • Milrate base74
  • Milrate tax district3
  • Milrate total75
  • Taxes$7,538
  • Tax YearJuly 2018-June 2019
  • Assessed value$96,905

Building

  • Year Built1920
  • Energy FeaturesThermopane Windows
  • FoundationBrick, Masonry
  • Garage Parking InfoPaved, Off Street Parking
  • New construction typeNo
  • AtticNo
  • BasementFull, Unfinished

Utilities

  • Water sourcePublic Water Connected
  • Cooling SystemWindow Unit
  • Hot water descriptionNatural Gas
  • Heating FuelNatural Gas
  • Fuel tank locationNon Applicable
  • Heat SystemBaseboard
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

School Information

  • Elementary SchoolPer Board of Ed
  • High SchoolPer Board of Ed

Rooms

  • Laundry room infoNone

Location

  • StateCT
  • Zip06106
  • CountyHartford
  • NeighborhoodFrog Hollow
  • Junior HighPer Board of Ed
  • Middle Junior High SchoolPer Board of Ed

Interior

  • RoofFlat

Exterior

  • Exterior featuresPorch, Sidewalk
  • Exterior sidingBrick

Amenities

  • AmenitiesPublic Transportation, Shopping/Mall, Walk to Bus Lines

Water Body

  • Waterfront DescriptionNot Applicable
  • WaterfrontNo

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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