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275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
275 Westland Street
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$5,000,000

275 Westland Street

101 Beds 65 Baths 45,000 Sq.Ft.

Description

INVESTORS TAKE NOTICE! Exceptional opportunity to own a fully renovated, fully occupied 50-unit multifamily asset with below-market rents and tons of upside potential. Three all-brick buildings (20, 15, and 15 units) feature a balanced mix of 6 townhouses, 8 studios, 6 one-bedrooms, 16 two-bedrooms, and 14 three-bedrooms. Originally built in 1959 and completely rebuilt to the studs in 2006 with over $4M invested. Major updates include new roofs, windows, plumbing, electrical (60-amp subpanels per unit), kitchens, and baths. Features dual-fuel hot water baseboard heat, tenant-paid electric with electric stoves, and energy-efficient insulation upgrades. Amenities include 3 laundry rooms ($1.50/load), 6 ADA-compliant units, fire alarm system, secured gated parking with pass card access, and on-site office/storage space. Turn-key, strong cash flow asset with significant rent growth potential.

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Location

275 Westland Street, Hartford, CT 06112

Status

For Sale

Property Amenities

View additional property information below.
Interior
Laundry room Common Area, In Basement
Total Bedrooms: 101
Full Bathrooms: 65
Area & Lot
Total area 45,000 Sq.Ft.
Lot Area 435.6 Sq.Ft.
Living area 45,000 Sq.Ft.
MLS® ID 24136144
Year Built 1959
High School Per Board of Ed
Elementary School Per Board of Ed
Architecture Styles Units on different Floors
Type Multi-Family
Status For Sale
Exterior
Air conditioning Window Unit(s)
Heat type Oil, Baseboard
Water Source Public
Sewer Public Sewer
Parking None
Lot Features Level
Roof Asphalt
Finance
Sales Price $5,000,000
Real Estate Tax $179,473 yearly

Work With Angela

Whether you are selling one of the mid-size single-family homes in Fairfield County or a luxurious acreage estate, Angela has garnered a reputation for being personable, friendly, and willing to go above and beyond to ensure her clients get the possible outcomes. Her goal is always to exceed client expectations.

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