About 204-206 Magnolia Street
Discover an exceptional investment opportunity with this well-maintained 6-unit apartment complex in Hartford, boasting 14 bedrooms and 6 bathrooms. This property is designed for substantial income potential and is a smart choice for any investor's portfolio. Recently renovated in 2021, each unit has been upgraded to meet contemporary living standards. Additionally, a brand-new roof was installed in July 2024, and the property is equipped with Navien tankless hot water/heating systems for superior efficiency and reliability. The property's excellent condition and recent upgrades ensure high tenant demand and reliable rental income from the outset. Hartford's thriving rental market offers significant potential for asset value growth, making this property an attractive option for those seeking a stable and profitable investment. Whether you're an experienced investor or exploring your first real estate venture, this complex provides a prime opportunity to acquire a top-tier, income-generating asset.
Features of 204-206 Magnolia Street
| MLS® # | 24035373 |
|---|---|
| Price | $750,000 |
| Bedrooms | 14 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 6,480 |
| Acres | 0.17 |
| Year Built | 1924 |
| Type | Multi-Family For Sale |
| Sub-Type | 5 Family+ |
| Style | Units on different Floors |
| Status | Active |
Community Information
| Address | 204-206 Magnolia Street |
|---|---|
| Area | Upper Albany |
| City | Hartford |
| County | Hartford |
| State | Connecticut |
| Zip Code | 06112 |
Amenities
| Parking | None |
|---|---|
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Hot Water, Natural Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Unfinished |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | Level Lot |
| Roof | Flat |
| Foundation | Concrete |
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | July 26th, 2024 |
|---|---|
| Days on Market | 44 |
| Zoning | NX-2 |
| RE / Bank Owned | No |
Listing Details
| Office | Evermark Property Group |
|---|