Smart MLS #170530819

270-276 Bellevue St,
Hartford, CT 06120
270-276 Bellevue St, Hartford, CT 06120 United States
For Sale
$1,100,000
Commercial
9264 Sqft · 8 Units · RES
Investors take notice of this true one of a kind immaculate turn-key 8 unit up/down condo style building built in 1990. rare to find such a well maintained excellent condition property to add to any portfolio. a perfect investment property to take over and begin collecting positive monthly cash flow income with minimal landlord expenses. each unit comes with kitchen, eating area, living room, in unit laundry, vinyl windows, separate gas heat boiler, water heater, electrical breaker panel, and separate full basement. the property also features a fenced level lot with patio area and 14 car private parking lot. just blocks from downtown, restaurants, dunkin' park baseball field, st francis hospital, bushnell park, museums, easy access to i-84 and rte-91 hwy. rents were kept extremely below market value because occupants are members of a not-for-profit cooperative structure. all occupants are month-to-month and pay all separate utilities. fully rented and up to date payments. fair market rents are $1800 for 4 bedroom units, $1600 for 3 bedroom units, $1400 for 2 bedroom units. this building comes with (2x) 4 bed/2 bath, (4x) 3 bed/1.5 bath, (2x) 2 bed/1 bath totaling $153,600 annual gross income. 8.3% cap rate. sold as is. to schedule showing: 24 hours notice and email proof of funds, prequal or loi to listing agent prior to confirmation. don't miss out on this amazing opportunity!

Map


Listing

Market Stats
  • List $1,100,000
  • Original $1,300,000
  • 888 Days on Market

Real Estate Agent


Details

Building
  • Built 1990
  • 8 Units

Sqft
  • 9264 Total Sqft

Lot / Land
  • 0.47 Acres
  • 900 Neighborhood
  • Level Lot
  • PAVED

Utilities
  • Baseboard
  • Natural Gas
  • Public Water
  • Public Sewers

Parking
  • 14 Total Spaces
  • 14 Uncovered Spaces

Financials
  • $153,600 Gross Income
  • $96,807 Net Income
  • $56,793 Expenses

Taxes
  • Assessment $375,550
  • Mill Rate 68.95
  • Taxes $25,894
  • Parcel Num 611109


Mortgage Calculator
  • 30yr Fixed-Rate Loan
  • 6.83% Interest
  • Purchase Price $1,100,000
  • Down Payment $220,000 (20.00%)

Estimated Payment with
30yr Fixed Rate Mortgage

Monthly
$7,912


Monthly Est. $7,912
Yearly Est. $94,948
30yr Est. $2,848,454
Go to the Mortgage Calculator
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This real estate listing for sale at 270-276 Bellevue St is presently used as 8 Unit Multi-Plex Res Income with 9264 total sqft and was built in 1990. It is located in the Hartford, Connecticut area with the 06120 zip code. For more info about the property at 270-276 Bellevue St, Hartford, CT 06120 United States or if you would like to schedule a showing, please contact the listing agent above.

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