229 Franklin Ave, Hartford, CT 06114

$725,000
12
BD
6
BA
5,248
SqFt

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List Price
$725,000
Status
ACTIVE
MLS#
24192419
Year Built
1988
Bedrooms
12
Bathrooms
6
Acres
0.20
Living Area
5,248

Property Description

Exceptional Investment Opportunity in the Heart of Hartford's Little Italy! Welcome to 229 Franklin Avenue, a well-maintained 6-unit brick apartment building with condominium tax status, offering an outstanding opportunity for investors seeking strong cash flow and long-term value. The property features six spacious two-bedroom, one-bathroom apartments, each offering generous floor plans with hardwood flooring, bright living and dining areas, eat-in kitchens with dishwashers, remodeled kitchens and bathrooms, stacked in-unit laundry, exposed brick accents, and foyer coat closets. Recent capital improvements include a 2-year-old flat rubber roof with a 25-year warranty, replacement windows, updated electrical service with individual subpanels, and separate tenant-paid natural gas heat and hot water, which minimizes owner expenses. The attractive brick exterior provides timeless curb appeal, and the property also offers off-street parking for tenant convenience. Located in the heart of Hartford's historic Little Italy neighborhood, this property is just minutes from Downtown Hartford, Hartford Hospital, Trinity College, Bushnell Park, major highways, restaurants, shopping, and public transportation. Benefiting from condominium tax status and a prime location in one of Hartford's most established neighborhoods, this is an excellent opportunity to add a quality multifamily asset to your investment portfolio.

Additional Information

Taxes
$15,425
Lot Size
8,712
Heating
Baseboard
Cooling System Type
Window/Wall
Water Source
Public
Basement
Full, Unfinished
Exterior Features
Sidewalk, Porch
Elementary School
Per Board of Ed
High School
Per Board of Ed

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Calculator source: Real Geeks

Listing courtesy of Tyler DeVecchis from Century 21 AllPoints Realty. (860) 966-9217 (860) 263-2121

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