38-40 Redding St, Hartford, CT 06114

$700,000
12
BD
6
BA
5,643
SqFt

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List Price
$700,000
Status
ACTIVE
MLS#
24188713
Year Built
1926
Bedrooms
12
Bathrooms
6
Acres
0.12
Living Area
5,643
Neighborhood
South End

Property Description

38 Redding Street is a 6-unit multifamily located in the South End with 8% CAP rate, offering (6) 2.5-bedroom, 1-bath units with roughly 940 SF each. the property is 100% occupied. Units feature hardwood floors throughout with some kitchen and bath updates. Utilities are separately metered and tenant-paid (gas heat and hot water). No on-site laundry and mostly on-street parking. There is a private, paved driveway with tandem parking for a couple cars. Conveniently located in the south end, walking distance to Colt Park, near Downtown Hartford, Hartford Hospital, major highways, public transportation, shopping, and neighborhood amenities, this is an excellent start or addition to any investment portfolio.

Additional Information

Taxes
$18,070
Lot Size
5,227
Heating
Hot Water
Cooling System Type
Window/Wall
Water Source
Public
Basement
Full, Unfinished
Exterior Features
Sidewalk, Porch, Lighting
Parking Spaces
2
Elementary School
Per Board of Ed
High School
Per Board of Ed

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Amanda Faroni-Sheehan from Oxford Realty. (203) 314-4219 (203) 314-4219

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