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The property's location, condition and occupancy levels offer an investor a superb opportunity to own within Hartford's multifamily market. Rents increased 23% Year over Year since March 2020, when majority ownership took over Property Management The three-story brick building was constructed in 1920 and totals 16,239square feet. The unit mix consists of 11, 2 bedroom/2 bathroom units and 6, 2 bedroom/1 bathroom. The tenants are responsible for their heat, air conditioning, hot water and electric. The electric has been updated to circuit breakers and there are subpanels for each unit. The building has newer windows. The Landlord is responsible for water, sewer and common area electric. The units each have a brick accent wall and many of the units have upgraded kitchens and flooring. All units have Air Conditioning and Washer and Dryer hook-ups; rare finds in the Hartford market! There is modern flooring, attractive lighting and cordless shades. Three units feature a duplex floorplan. All units are electric and there is on-site parking. Pride of ownership is evident as the landlord enhances the value of the asset through high quality upgrades at the time of a vacancy. This asset can be purchased individually or as part of the 505 Unit “Historic West End.”

Property Details of 286 Farmington Avenue, West End

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Listed by Lisa Cozzi and of Berkshire Hathaway NE Prop.

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2021 Smart MLS, Inc. All rights reserved.

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