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USACTHartfordAsylum Hill264 Farmington Ave
264 Farmington Ave, Home with 12 bedrooms, 10 bathrooms and 14 parking in Hartford CT | Image 1
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$1,275,000

264 Farmington Ave, Hartford, CT

Real Estate

For Sale

$--,---,---
121014
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 12414 sqft
Garage No
Taxes $32,153
Days Active 147
Lot Size 
Approx. Age 1928
Avg. Price Per Sqft $102
MLS® Number 24069414

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

264 Farmington Avenue is a prominent brick asset situated on a corner lot with enough parking for all units and then some! An exclusive parking lot in the front of the building, heavy foot and car traffic, and a large tenant population in the surrounding area has helped maintain the Green Apple Grocery store as an anchor tenant for over 15 years. The second commercial unit is currently occupied by the owner as an office, but it has a full bathroom and can be outfitted for a variety of other business needs. Central heating systems, towering 9-foot tall ceilings, and spacious residential units provide ample square footage to achieve proforma rents between $1, 400-$1, 800 per month. Fill or occupy the office, keep the Green Apple on their current lease, and pursue an attainable lease-up strategy for the residential units and this property will yield a 123k NOI and 14% Return.Show Description
MLS® Number24069414
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage0.29
Exterior
GarageNo
Approx. Age1928
BasementFull
DrivewayNone, Paved, Parking Lot, Unassigned Parking
Garage Spaces
HeatNatural Gas, Hot Air
A/CWindow Unit
Heating Fuel

Extras

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