1 /
37
Map
$672,725*
●
Multifamily -
Off Market
551 Albany Avenue
Hartford, CT 06112
Studio
0 Bath
9993 Sqft
$414,000 - $504,000
Reference Base Price*
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
Mixed-use investment opportunity with great potential cash flow!
This 8 Apartment unit comprised of one and two bedrooms situated
over four street level retail stores and one commercial space
located in the rear of the property. The apartment units will need
some upgrading/rehab. 3 out of the 4 retail store units are
currently leased with strong cash flow. There is one central gas
boiler approx. 6 years old, electrical has been updated and the
roof is in adequate condition. The apartment tenants pay for their
own electric and cable and landlord pay heat and hot water.
Retail/commercial the landlord pays heat only. Conveniently located
near bus line, shopping, restaurants all within walking distance.
Seller request ALL interested parties must do drive-by prior
to show request.
The manager has listed the unit size as 9993 square feet.
The manager has listed the unit size as 9993 square feet.
Unit Size
9,993Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$46
Property Type
Multifamily
Property Taxes
$18,435
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 27, 2019 | No longer available | - | |
No longer available | |||
Dec 7, 2018 | No longer available | - | |
No longer available | |||
Nov 28, 2018 | Listed | $459,000 | |
Listed |
Property Highlights
Parking Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
10
Beds
4
Baths
5,954 ft²
$80/ft²
$479,000
May 30, 2023
$479,000
Aug 17, 2023
$996/mo
Sold
Multifamily
12
Beds
8
Baths
5,960 ft²
$84/ft²
$500,000
Aug 4, 2023
$500,000
Nov 9, 2023
$1,045/mo
Sold
Multifamily
8
Beds
4
Baths
5,108 ft²
$78/ft²
$400,000
Feb 22, 2024
$400,000
Mar 27, 2024
$632/mo
Sold
Multifamily
9
Beds
3
Baths
4,226 ft²
$102/ft²
$432,600
Nov 30, 2023
$432,600
Feb 15, 2024
$572/mo
Sold
Multifamily
9
Beds
3
Baths
4,450 ft²
$85/ft²
$380,000
Oct 6, 2023
$380,000
Dec 7, 2023
$485/mo
Sold
Multifamily
8
Beds
3
Baths
3,738 ft²
$116/ft²
$435,000
Jul 10, 2023
$435,000
Sep 12, 2023
$245/mo
In Contract
Multifamily
6
Beds
2
Baths
5,056 ft²
$109/ft²
$550,000
Mar 25, 2024
-
$829/mo
In Contract
Multifamily
11
Beds
3
Baths
3,969 ft²
$111/ft²
$439,000
Apr 17, 2024
-
$319/mo
In Contract
Multifamily
9
Beds
3
Baths
4,080 ft²
$96/ft²
$389,900
Mar 7, 2024
-
$114/mo
Active
Multifamily
9
Beds
3
Baths
3,862 ft²
$105/ft²
$405,000
Mar 24, 2024
-
$419/mo
In Contract
Multifamily
9
Beds
3
Baths
3,567 ft²
$118/ft²
$419,900
Mar 13, 2024
-
$434/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/28/2018
|
|
Studio
|
-
|
9993 ft²
|
$459,000
Studio
-
9993 ft²
|
-
-
|
-
|
-
|