See Home Value
$203,484*
Commercial - Off Market

142 Mather Street

Hartford, CT 06120
bedrooms
Studio
bathrooms
0 Bath
square feet
3744 Sqft
$180,000 - $218,000
Reference Base Price*
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Find ownership in Clay Arsenal.  Right next to Yard Goat Dunkin Donut Staduim,and the HIstoric distirct, .  Stone throws away from Downtown Hartford Bushnell Park, Highways, and Bushnell Theater.  Tons of potential here.  One HUGE 3 BD UNIT .   Long time tenants. Rents below market getting $800 on 3b and $1200 out of storefront( $1500 to 1700 a month for store front and $1200-$1500 on 3bd rent a mo more accurate) This owner has taken a lot of care into this building. Has been in the family for generations.    Newer mechanical's , Newer electrical, Newer roof, Newer updates.   Solid 7.91% cap rate in this neighborhood.  Building has the potential to be worth 455k+ (potential rental income $3000/mo($1500 x1 3 BD RES.RENT PER MO, $1500 PER MO COMM LEASE, $0 a month owner expenses(tenants pay everything and maintain property.  Only time owner spends anything is if something happens to the property.  Every year owned has seen profits in the green), EST. POTENTIAL NOI $36,000/7.91%=$455k. Work the numbers and make it worth more)Off street parking and on Street parking.  Right on public transportation routes,  tons of amenities, recreations and not to far from Riverfront activities.   So MUCH WONDERFUL POTENTIAL AWAITING YOU.  MAKE THIS THE NEXT ADDITION TO YOUR PORTFOLIO

The manager has listed the unit size as 3744 square feet.
Unit Size
3,744Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$53
Property Type
Commercial
Property Taxes
$746
HOA Dues
-
Year Built
1915

Price History

Date / Event Date Event Price
Apr 24, 2023 No longer available -
No longer available
Feb 22, 2023 Price Decreased $199,999
↓ $25K (11.1%)
Price Decreased
Oct 17, 2022 Listed $224,925
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$202,000 Dec 7, 2011
$202,000 Jun 22, 2012
-
House
3 Beds
2 Baths
-
$230,000 Jun 17, 2019
$230,000 Jul 31, 2019
$293/mo
House
4 Beds
2.5 Baths
1,920 ft²
$96/ft²
$185,000 Jan 31, 2023
-
$247/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221017
10/17/2022
Loft
-
3744 ft²
$224,925
bedrooms
Loft
bathrooms
-
square feet
3744 ft²
-
-
-
Lucas Nash
Century 21 AllPoints Realty

Building Info

142 Mather Street 142 Mather Street, Hartford, CT 06120
  • 1 Unit for Sale
More about this Building
142 Mather Street
Want to find out who owns 142 Mather Street, Hartford, CT 06120? Get detailed property transactions here .

About Clay Arsenal


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