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The Bourne Team @ Keller Williams Legacy Partners
98 Russ St, Hartford, CT 06106
- $399,900
- 12
- BD
- 3
- BA
- 4,671
- SqFt
- List Price
- $399,900
- Status
- ACTIVE
- MLS#
- 24210257
- Year Built
- 1890
- Bedrooms
- 12
- Bathrooms
- 3
- Acres
- 0.14
- Living Area
- 4,671
- Neighborhood
- Frog Hollow
Property Description
ATTENTION INVESTORS! Rare brick 3-family offering exceptionally large four-bedroom layouts, strong in-place income and significant rental upside. Each apartment is configured with 4 bedrooms, each with a window, closet and door, while still offering a separate living room and kitchen. Property has a history of housing-assisted tenancies utilizing the four-bedroom configuration. Fully occupied and currently generating $4,375/month ($52,500 annually). Units 2 and 3 were renovated in 2024. Seller's market-rent analysis supports approximately $1,850-$2,000/month per unit, or $5,550-$6,000/month total. Each apartment has separate gas and electric meters, plus a separate owner electric meter. Additional features include brick construction, approximately 4,671 SF of living area, rear parking and a detached 3-bay garage. Convenient Frog Hollow location near Hartford Hospital. Excellent opportunity for current cash flow and future NOI growth. Sold as-is. One of the parties to the LLC has an active real estate license.
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Additional Information
- Taxes
- $7,336
- Lot Size
- 6,098
- Heating
- Hot Water
- Cooling System Type
- Window/Wall
- Water Source
- Public
- Basement
- Full
- Exterior Features
- Balcony, Covered Deck/Patio
- Garage Spaces
- 3
- Parking Spaces
- 6
- Elementary School
- Per Board of Ed
- High School
- Per Board of Ed
Mortgage Calculator
Listing courtesy of Nauman Nafees from The Bella Group, LLC. (860) 634-2233 (860) 868-0639
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