$339,000
57 Franklin Ave, Hartford, CT 06114
Current Rent **
$2,275
Projected Rent **
$3,999
Unit 1 Details
- Current Rent: $1,425
- Bedroom: 2 bd
- Bathroom: 1 ba
- Square Footage: 0 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: No
Unit 2 Details
- Current Rent:
- Bedroom: 1 bd
- Bathroom: 1 ba
- Square Footage: 0 sqft
- Occupied: No
- Needs Repairs: No
- Off MLS: No
Unit 3 Details
- Current Rent: $850
- Bedroom: 1 bd
- Bathroom: 1 ba
- Square Footage: 0 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: No
3 Family For Sale In Hartford, CT
Welcome to 57 Franklin Ave, a fantastic multifamily investment property located in the heart of Hartford, Connecticut. This three-unit gem offers not only a place to call home but also a lucrative opportunity for savvy investors seeking rental income in a thriving community. Situated on Franklin Ave, this property benefits from a central and convenient location in Hartford. Residents will enjoy easy access to schools, parks, shopping, dining, and public transportation, making it a desirable rental option. Within walking distance of Hartford Hospital. The first and second floor units were just fully updated. The building's exterior and common areas are in excellent condition, giving it great curb appeal. Each unit offers ample living space, featuring multiple bedrooms, a well-appointed kitchen, and comfortable living areas. Tenants will appreciate the generous room sizes and the sense of home this property provides. With separate utility meters for each unit, you can maximize your investment by having tenants cover their own utility expenses. A dedicated off-street parking area provides convenience and added appeal for prospective tenants, making this property even more enticing. Whether you're looking to diversify your investment portfolio or secure a comfortable residence while generating rental income, 57 Franklin Ave is the ideal choice.
Location:
57 Franklin Ave, Hartford, CT 06114
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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