44 Otis is a desirable 5-unit, brick multifamily in the Southend of Hartford. Five units have two bedrooms. There is an additional unit that has one bedroom. All units are spacious and each has separate electric utilities. Owner pays heat for 4 units. All tenants pay for their electricity.
Upside potential here is that the rents are below market value. There are two vacant units now that present a unique opportunity to start moving rents for a better ROI. Additionally, there is an area in the basement for the addition of a coin-operated laundry, and finally, the off-street parking could also be decoupled from the leases allowing for an extra parking fee.
Don't miss out on this opportunity as this property is in an area with high rental demand!
Listing Agent: Ilka D Torres Courtesy of: KW Legacy Partners The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Updated: 7th December, 2022 4:57 PM (UTC)