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86 Edwards Street Hartford, CT 06382
10 Beds
5 Baths
4,448 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 4,448 sqft
Price per Sqft $112
MLS Listing ID 24210094
Style 4updown - Unit(s) per Floor,Other
Bedrooms 10
Full Baths 5
Year Built 1920
Annual Tax Amount $11,892
Lot Size 10,018 Sqft
Property Sub-Type 5 Family+
Property Description
ATTENTION INVESTORS! Rare 5-unit multifamily opportunity directly across from the Hartford Pre-Kindergarten Magnet School campus. Offering immediate cash flow plus significant value-add potential, this property features two 1BR, two 2BR and one 4BR apartment. Four units are occupied, while renovated 2BR Unit 1S is intentionally vacant for showings and ready for immediate lease-up. Four units have been renovated between 2024-2026. Four units feature efficient tankless boilers, with the fifth served by a traditional boiler. Roof is reported to be approximately 3 years old. Current rent roll is $5,825/month including $1,200 attributed to vacant Unit 1S, with seller's market-rent analysis indicating potential gross rents of approximately $7,400-$8,000/month. A major additional feature is the substantial vacant grassy area at the rear of the property, providing potential for additional parking, garages or future development, subject to zoning, municipal approvals and buyer due diligence. Side and rear off-street parking. Sold as-is. One of the parties to the LLC has an active real estate license.
Location
State CT
County Hartford
Zoning NX-1
Rooms
Basement Full
Interior
Heating Hot Water
Cooling Wall Unit
Exterior
Parking Features Driveway
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Nauman Nafees • The Bella Group, LLC