$439,000
$439,000
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486 Prospect Avenue Hartford, CT 06105
4 Beds
4 Baths
3,190 SqFt
Key Details
Sold Price $439,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,190 sqft
Price per Sqft $137
MLS Listing ID 24175658
Sold Date 09/22/26
Style Units on different Floors
Bedrooms 4
Full Baths 4
Year Built 1900
Annual Tax Amount $9,687
Lot Size 9,147 Sqft
Property Sub-Type 4 Family
Property Description
Outstanding four unit investment opportunity in Hartford's West End. Directly across the street from the West Hartford line. First time on the market in 45 years. This well-maintained property has 4 one bedroom apartments, with the potential to convert one of these units into a two bedroom apartment. The property has been well-managed with consistent occupancy, and offers significant rental upside. Current rents remain below Hartford Housing Authority standards; allowing room for a strong increase in NOI. This is an opportunity to acquire a stable multi-family property in a proven rental corridor. Ideal for investors seeking stability, long term cash flow growth, and future appreciation. 3rd floor unit is undergoing updates.
Location
State CT
County Hartford
Zoning N2-2
Rooms
Basement Full, Unfinished, Hatchway Access, Interior Access, Full With Hatchway
Interior
Heating Hot Water
Cooling Window Unit
Exterior
Exterior Feature Sidewalk, Porch, Gutters, Lighting
Parking Features Detached Garage, Paved, Off Street Parking, Driveway
Garage Spaces 3.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Stanley Gutt • Premier Re Group LLC