478 Prospect Avenue, Hartford, CT 06105
- Beds
- 16
- Baths
- 16
- Sqft
- 8,352
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
High-Yield Multi-Unit Investment on the West Hartford Line: Exceptional opportunity to acquire a well-maintained 12-unit brick building on 478 Prospect Ave., ideally located on the Hartford/West Hartford line. All units are very large 1-bedroom apartments with spacious interiors-highly attractive to tenants and easy to lease. The offering also includes the neighboring property 486 Prospect Ave., formerly used as an architect's office, with additional residential units and untapped potential. Currently generating an almost 8 cap, this investment offers tremendous value-add potential. Rents are currently under market, presenting a clear path to increased cash flow and maximized NOI through strategic rent adjustments and light upgrades. This is a rare chance to secure a high-performing asset in a desirable rental area with strong fundamentals. Agent related. Financials in attachments.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 16
- Number of bathrooms
- 16
- Square feet
- 8,352
- Lot size (acres)
- 0.21
- Year built
- 1928
Interior features
- Basement
- Yes, Unfinished
Garage and parking
- Garage parking spaces
- 2
Utilities
- Heating
- Natural gas, Hot water
- Cooling
- None
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount
- $30,185
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Smart MLS MLS®#: 24112928 Last checked: …

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