118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
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118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
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118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
118 New Park Avenue
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118 New Park Avenue
Sold

118 New Park Avenue

118 New Park, Hartford, CT 06106

$325,000
Mixed use building with incredible income opportunity walking distance to the Parkville Market and the Design District!! Could potentially bring in $7,050/month in income when fully rented! Building has been totally renovated. First floor has laminate floors and new bathroom in 2015. Basement and 1st floor is available for storage space for $1,000/month. First floor space is intentionally kept empty and available for next buyer, or a lease can be signed for $3,000/month lease. 2nd floor has bamboo floors and 3 office suites, completely remodeled in 2015, currently rented at $650, $550, and an empty and available space with $650 potential income, totaling $1,800 for the 2nd floor. The 3rd floor is a residential 3 bedroom apartment rented currently rented for $1,200/month totally renovated with maple kitchen, granite countertops, bamboo floors, everything totally remodeled in 2015! Potential rent totals $7,050 per month! Great for event planner to have storage, insurance company on the 1st floor, small business on the 2nd floor. Insurance is $5000 a year, taxes are $11,00 a year and the light and gas is between $750-$1000 per month (for first and second floor). The water bill is $40-60 per month.

10,334 Sq.Ft. LIVING AREA

6,098 Sq.Ft. lot

Features & Amenities

Area & Lot

  • Status Sold
  • Living Area10,334 Sq.Ft.
  • Lot Area6,098 Sq.Ft.
  • MLS® ID170419751
  • TypeMulti-Family
  • Architecture StylesUnits on different Floors
  • Elementary SchoolPer Board of Ed
  • High SchoolPer Board of Ed

Exterior

  • Garage Space1
  • water SourcePublic Water Connected
  • roofFlat
  • lot featuresN/A
  • HEAT TYPEHot Air
  • AIR CONDITIONINGCentral Air
  • SubstructureConcrete

Financial

  • Sales Price$325,000
  • Zoning NX-2
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