Strongly Rented South End Three Family

NOI

$43,220

DSCR

1.51

Cap

10%

ROI

16%

Listing Details

$449,000

Strongly Rented South End Three Family

172-174 Bond Street, Hartford, CT

3 Family . $149,667/unit

$449,000

Listed By

Connor Wenchell

VC Property Group

Call

Est. $3,093 /mo

Get Financing

Property Snapshot

80% Proforma

Property Type

3 Family

Building(s)

Sqft

3364 sqft

Parcel(s)

Lot Size

7405 acres

Year Built

1900

Highlights

New roof
All (3) bedroom units

Property Description

A three family investment with all (3) bedroom units in the South End of Hartford. Featuring a new roof and some new windows on the first and second floors. Gas and electric meters are separate for each unit and tenant paid. Paved parking provides more than one parking space for each unit.

Property Features

Utilities & Systems

Heating

Natural Gas

Hot Water

Natural Gas

Water

Public

Sewer

Public

Trash

City Pick-up

Electric

$1000

Site Amenities

Parking

Unit Amenities

N/A

Residential Income

Current vs Proforma

3 Bed, 1 Bath

$1,600

3 Bed, 1 Bath

$1,400

3 Bed, 1 Bath

$1,300

Monthly

$4,300

$5,400

Annual

$51,600

$64,800

Operating Expenses

Annualized

Property Taxes

$4,434

Insurance

$4,000

HOA

Electric

$1,000

Heating

Water / Sewer

$2,000

Trash

CAM

Payroll & Benefits

Administrative

Marketing / Leasing

Vacancy - Residential

$2,580

$3,240

Vacancy - Commercial

Maintenance

$2,451

$3,078

Management

$2,451

$3,078

Others

Resi Reserves ($/unit)

$750

Comm Reserves ($/sqft)

Total Expenses

$19,666

$21,580

Loan Terms

Scenario Builder

Sale Price

$449,000

Loan Term

30 Years years

Rate

7%%

LTV

80%%

P&I

$2,390

Annualized

$28,677

Net Cash Flow

$3,257

$14,543

Request loan quote from VC Property Group.

Connor Wenchell

VC Property Group

Request Info

Call

Connor Wenchell

VC Property Group

Connor Wenchell

VC Property Group

Call

Connor Wenchell

VC Property Group