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100 Preston Street

Hartford, CT 06114
  • $775,000
  • STATUS: Active Under Contract
  • ON SITE: 80 Days
  • MLS #: 24070977
Under Contract
UPDATED: 42 min ago
$775,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 850
    SQFT
  • $912
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

Description

14% ROI! Amazing investment opportunity in the heart of the south end neighborhood. This condo status, brick building offers a turn key asset with cash flow from the start. There is a total of (6) 2 bed, 1 bath apartments with stable tenant base and historically low vacancy. Units are renovated with hardwood floors throughout, renovated kitchens w/ceramic tile, updated cabinets, counters & appliances and renovated baths w/tile surround, tubs, new vanities & toilets. All the utilities are separate & tenant paid - gas heat, HW and cooking. The electric is also separate & tenant paid. Condo status offers consistently lower taxes. Off-street parking in back plus a desirable location for tenants with easy access to Downtown, Hartford Hospital, the highway, public transportation + tons of shops and restaurants.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc. Data last updated: 2025-04-18T21:09:55.213.
www.nextlvlteam.com/homes/159755224
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100 Preston Street Hartford, CT 06114

  • Price: $775,000
  • Status: Active Under Contract
  • On Site: 80 Days
  • Updated: 42 min ago
  • MLS #: 24070977
0
Beds
6
Baths
0
½ Baths
0.15
Acres
850
SQFT
$912
$/SQFT
1910
Built
Neighborhood:
South End
County:
Hartford
Area:
Hartford
Property Description
14% ROI! Amazing investment opportunity in the heart of the south end neighborhood. This condo status, brick building offers a turn key asset with cash flow from the start. There is a total of (6) 2 bed, 1 bath apartments with stable tenant base and historically low vacancy. Units are renovated with hardwood floors throughout, renovated kitchens w/ceramic tile, updated cabinets, counters & appliances and renovated baths w/tile surround, tubs, new vanities & toilets. All the utilities are separate & tenant paid - gas heat, HW and cooking. The electric is also separate & tenant paid. Condo status offers consistently lower taxes. Off-street parking in back plus a desirable location for tenants with easy access to Downtown, Hartford Hospital, the highway, public transportation + tons of shops and restaurants.
Exterior Features

Exterior Features SidewalkGuttersLighting Garage And Parking PavedOff Street ParkingDriveway Lot Description Level Lot Parking Spaces Uncovered 6 Parking Total Spaces 6 Road Frontage Description Municipal Street Roof Information Flat

Interior Features

Cooling System Window Unit Heat Type Hot Water Number Of Docks 0 Number Of Overhead Doors 0 Number Of Restrooms 6 Sq Ft Residential 5100 Sq Ft Total 5100 Total Rooms 0

Property Features

Ada Compliant YN No Additional Space Available YN No Agent Owner YN No Bank Owned Property No Business Included YN No Financing Used Conventional Fixed Flood Zone YN No Foundation Type MasonryStone Gross Annual Expense 25709 Gross Annual Income 105276 Heat Fuel Type Natural Gas Home Owners Assocation No Location Highway AccessDowntownUrban Net Operating Income 74303 Number Of Tenants 6 Potential Short Sale No Potential Use residential Present Use residential Sewage System Public Sewer Connected Subdividable YN No Tax Year July 2024-June 2025 Total Number Of Units 6 Utilities Available ElectricGasPhone AvailableCable Available Water Source Public Water Connected Zoning MS-2

Listing information © 2025 Smart MLS
Listing provided courtesy of Amanda Faroni-Sheehan of Oxford Realty: .


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc. Data last updated: 2025-04-18T21:09:55.213.
 
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