423-425 Zion St., Hartford, CT 06106

HUGH PRICE DROP: 12 unit brick apartment building located in Hartford Connecticut across from Trinity college. 6 (2) bedroom and 6 (1) bedroom units with pantries. Two bedroom apartments have storage off kitchen. Current rents range from $645-$725. Tenants aware of 2017 rent increases. Commercial Laundry in basement with 2 washers and 2 dryers. Many tenants long term. Very quiet and clean building. Tenants pay own electric and gas. Owner pays electric for common area and gas for laundry machines. Sprinkler system in hallways with fire extinguishers. New mandated Fire panel installed. On street parking. Paid parking next door. * Taxes $24000 yearly Laundry $200 monthly. Projected rental income with small increase and no vacancy: $8305/ month. Optional Garbage dumpster: $250 monthly. Owner Gas $70. Owner Electric $ 125 monthly. Owner Water/Sewer $approx. $400 monthly. Building near park and college. 13 Boiler/water tanks (Almost all water tanks new). New siding and pointing driveway side. PRICE DROPPED FOR QUICK SALE AS BUILDING NEEDS NEW ROOF. Come see the building. Only serious buyers, please! Please click on the Virtual Tour for more photos and an important message.