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This brick asset consists of 30 units on a quiet street off of Farmington Ave within walking distance of one of the largest employers in the area, the Aetna Insurance headquarters. The unit mix is: 2-bed/1-bath units; 23: 1-bed/1-bath units; 5: Studio/1-bath units. The property's location, condition & occupancy levels offer an investor a superb opportunity to own within Hartford's multifamily market. The 3-story brick building was constructed in 1965, is 22,326 sf, & is situated on .47 acres. Ownership has remodeled several units with top of the line finishes, including: stainless appliances, granite countertops, modern flooring, shaker cabinets, decorative backsplashes, attractive lighting & cordless shades. Pride of ownership is evident as the common areas have been recently upgraded with new flooring, paint, & LED lighting, enhancing the curb appeal, and paving the way for additional unit renovations. Other amenities include: elevator, on site parking, newer windows and a security camera system. The Landlord is responsible for heat, water, sewer & common area electric. The heating system is natural gas and there is a flat roof. The tenants pay electric and electric has been updated to circuit breakers and there are subpanels for each unit. The building has newer windows. Rents increased 10% Year over Year since March 2020, when majority ownership took over Property Mgmt.This asset can be purchased individually or as part of the 505 Unit “Historic West End Portfolio".

Property Details of 25 Imlay Street, 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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