For Sale
$850,000

100 Preston StHartford, CT 06114

Six-unit renovated apartment building, strong cash flow.

Overview

Added:
Feb 3
Days on market:
62
This exceptional investment opportunity presents a six-unit multifamily building located at 100 Preston Street in Hartford, Connecticut. The property boasts a prime location in the desirable South End neighborhood, offering convenient access to downtown Hartford, Hartford Hospital, major highways, public transportation, and a wealth of local shops and restaurants. This 5,100 square foot brick building sits on a 0.15-acre lot and is offered at $850,000. The building's condo status translates to consistently lower taxes compared to traditional multifamily properties. Each of the six units features two bedrooms and one bathroom, all recently renovated to a high standard. Renovations include gleaming hardwood floors throughout, updated kitchens with ceramic tile backsplashes, modern cabinets, countertops, and appliances. Bathrooms have also been completely renovated, featuring tile surrounds, new tubs, vanities, and toilets. All utilities are separately metered and paid by tenants, including gas heat, hot water, cooking gas, and electricity. The property benefits from off-street parking at the rear of the building. The existing tenant base is stable, resulting in historically low vacancy rates, ensuring a consistent and reliable cash flow from day one. This turnkey asset represents a compelling investment opportunity for discerning buyers seeking a strong return in a thriving urban location.

Property Details for 100 Preston St

Property type
Square Feet
5,100 SF
Year Built
1910
Lot Size (sq. ft)
6,534 SF

Location Insight

City
Hartford
County
Hartford
State
Connecticut
Latitude
41.73976
Longitude
-72.67664
100 Preston St, Hartford, Connecticut

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100 Preston St
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