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270-276 Bellevue, Hartford, CT 06120
   
270-276 Bellevue, Hartford, CT 06120
RES | 8 Unit Multi-Plex Res Income | 9,264 Sqft

$1,100,000
529 Days on Market - Active


Investors take notice of this true one of a kind immaculate turn-key 8 unit up/down condo style building built in 1990. rare to find such a well maintained excellent condition property to add to any portfolio. a perfect investment property to take over and begin collecting positive monthly cash flow income with minimal landlord expenses. each unit comes with kitchen, eating area, living room, in unit laundry, vinyl windows, separate gas heat boiler, water heater, electrical breaker panel, and separate full basement. the property also features a fenced level lot with patio area and 14 car private parking lot. just blocks from downtown, restaurants, dunkin' park baseball field, st francis hospital, bushnell park, museums, easy access to i-84 and rte-91 hwy. rents were kept extremely below market value because occupants are members of a not-for-profit cooperative structure. all occupants are month-to-month and pay all separate utilities. fully rented and up to date payments. fair market rents are $1800 for 4 bedroom units, $1600 for 3 bedroom units, $1400 for 2 bedroom units. this building comes with (2x) 4 bed/2 bath, (4x) 3 bed/1.5 bath, (2x) 2 bed/1 bath totaling $153,600 annual gross income. 8.3% cap rate. sold as is. to schedule showing: 24 hours notice and email proof of funds, prequal or loi to listing agent prior to confirmation. don't miss out on this amazing opportunity!

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Details
  • 8 Units
  • 0.47 Acres
  • Built in 1990

Sqft
  • 9264 Total Sqft

Parking
  • 14 Total Spaces
  • 14 Uncovered Spaces

Location
  • Level Lot
  • PAVED

Business

    Financials
    • $153,600 Gross Income
    • $96,807 Net Income
    • $56,793 Expenses

    Utilities
    • Baseboard
    • Natural Gas
    • Public Water
    • Public Sewers

    Taxes
    • $375,550 Assessment
    • 68.95 Mill Rate
    • $25,894 Taxes

    Source
    • CT Smart MLS
    • MLS ID 170530819

    Real Estate Agent


    Map of 270-276 Bellevue, Hartford, CT 06120

    Directions to 270-276 Bellevue, Hartford, CT 06120
    Main St to Battles St to Bellevue St

    Go To Google Maps for Directions


    Mortgage Calculator
    Loan Type: 30yr Fixed   |   Interest Rate: 7.17%   |   Purchase: $1,100,000   |   Downpayment @ 20.00%: $220,000

    Mortgage Payment Estimate
    for a 30yr Fixed Rate Loan

    Monthly
    $8,113


    Monthly Cost Estimate: $8,113
    • Mortgage: $5,955
    • Taxes: $2,158
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    Yearly Cost Estimate: $97,360
    • Mortgage: $71,466
    • Taxes: $25,894
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    30yr Cost Estimate: $3,140,791
    • Mortgage: $2,143,971
    • Taxes: $776,820
    • Insurance: $0
    • HOA: $0
    • Utilities: $0
    • Downpayment: $220,000

    Go To Mortgage Calculator


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    This real estate listing for sale at 270-276 Bellevue is presently used as with 9264 total sqft and was built in 1990. It is located in the Hartford, CT area with the 06120 zip code. For more info about the property at 270-276 Bellevue, Hartford, CT 06120 or if you would like to schedule a showing, please contact the listing agent above.

    Data sourced from CT SMART MLS and was last updated January 01, 1970. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.