$1,098,888

House for sale East Hartford
Property photo number 1 of 16 Photos for Property. File  105630006_29_af2fa9fce718b5f844f51b37b60bc6f3.jpeg

Overview

SUMMARY: Discover an opportunity with this East Hartford house for sale and available for $1,098,888. This could be your next ideal home or a smart investment. More details await.
9.4% ROI 7.7% CAP RATE 9-UNIT MIXED-USE INVESTMENT OPPORTUNITY! Positioned along East Hartford's active Burnside Avenue corridor, 654 Burnside Avenue offers investors a diversified income stream with one cafe plus eight residential units consisting of one 2-bedroom, three 1-bedroom apartments and four studios. The cafe pays its own gas and electric, helping reduce ownership expenses, while ample on-site parking adds convenience for both residential and commercial tenants. Recent property improvements include a new front porch, front entry doors, central boiler and hot water heater and select replacement windows. With a combination of commercial and residential income, strong visibility along Burnside Avenue, access to public transportation and proximity to neighborhood retail and services, this property presents an attractive opportunity to acquire a cash-flowing mixed-use asset. Multiple income streams. Ample parking. Strong returns. One investment.
Request details

Details

  • Beds: 10
  • Baths: 9
  • Price: $1,098,888
  • Area: 5,846 sqft

Location

Marketed by:

  • Listing Manager
Request details
Disclaimer

The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.


Viewed 2 times.