My Sold Listings

$2,240,000
Sold

West End Area Multi-Family Home

Sold

25 Imlay Street Hartford, CT 06105

7 Bed
6 Baths
22326 sqft
Virtual Tour
This brick asset consists of 30 units on a quiet street off of Farmington Ave within walking distance of one of the largest employers in the area, the Aetna Insurance headquarters. The unit mix is: 2-bed/1-bath units; 23: 1-bed/1-bath units; 5: Studio/1-bath units. The property’s location, condition & occupancy levels offer an investor a superb opportunity to own within Hartford's multifamily market. The 3-story brick building was constructed in 1965, is 22,326 sf, & is situated on .47 acres. Ownership has remodeled several units with top of the line finishes, including: stainless appliances, granite countertops, modern flooring, shaker cabinets, decorative backsplashes, attractive lighting & cordless shades. Pride of ownership is evident as the common areas have been recently upgraded with new flooring, paint, & LED lighting, enhancing the curb appeal, and paving the way for additional unit renovations. Other amenities include: elevator, on site parking, newer windows and a security camera system. The Landlord is responsible for heat, water, sewer & common area electric. The heating system is natural gas and there is a flat roof. The tenants pay electric and electric has been updated to circuit breakers and there are subpanels for each unit. The building has newer windows. Rents increased 10% Year over Year since March 2020, when majority ownership took over Property Mgmt.This asset can be purchased individually or as part of the 505 Unit “Historic West End Portfolio".
Listing Courtesy of SMART MLS / Century 21 Allpoints Realty / Lisa Cozzi