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$46,304

NOI

1.86

DSCR

12%

Cap

47%

ROI
NOI
$46,304
DSCR
1.86
Cap
12%
ROI
47%
$399,000
Tri-peaked Three Family Home

30-32 Shultas Place, Hartford, CT

3 Family . $133,000/unit

$399,000

Connor Wenchell

VC Property Group

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Est. $2,804 /mo

Get Pre-Approved
Description Income Loan Terms

$30,704

NOI

1.24

DSCR

8%

Cap

7%

ROI
% Proforma : % Proforma
75%
 Parking
Off Street
Property Type Type
3 Family
 Heating
Natural Gas
Buildings
1
 Hot Water
Natural Gas
Parcel(s)
1
 Sewer
Public
Year Built
1910
 Water
Public
Occupancy Occ.
100%
 Trash
City Pick-up
Sqft
3070 sqft
 Utility Split
Tenant Paid
Lot Size
9052 acres
 Sprinklers
No
Highlights
  • Strong in place rents
  • Off street parking
  • Garage

Located in the Lower West Side of Hartford, this three family home offers excellent potential for investors seeking immediate returns with strong upside. The property is fully occupied featuring (2) three bedroom units and (1) two bedroom unit. Tenants are responsible for their own utilities (gas and electric). With an unburdened return on investment over 10%, this property will be sold As-Is. Minor cosmetic repairs in units will justify increasing rents closer to full market value. Don’t miss the chance to add this promising property to your portfolio!

Property Snapshot
75% Proforma
Property Type
3 Family
Building(s)
1
Sqft
3070 sqft
Parcel(s)
1
Lot Size
9052 acres
Year Built
1910
Property Description

Located in the Lower West Side of Hartford, this three family home offers excellent potential for investors seeking immediate returns with strong upside. The property is fully occupied featuring (2) three bedroom units and (1) two bedroom unit. Tenants are responsible for their own utilities (gas and electric). With an unburdened return on investment over 10%, this property will be sold As-Is. Minor cosmetic repairs in units will justify increasing rents closer to full market value. Don’t miss the chance to add this promising property to your portfolio!

Property Features
Utilities & Systems
Heating
Natural Gas
Hot Water
Natural Gas
Water
Public
Sewer
Public
Trash
City Pick-up
Electric
$500
Site Amenities
Parking
Off Street
Unit Amenities
N/A
Residential Income
Current vs Proforma
$1,500
$1,300
$1,100
Monthly
$3,900
$5,200
Annual
$46,800
$62,400
Operating Expenses
Annualized
Property Taxes
$6,109
Insurance
$2,700
HOA
$0
Electric
$500
Heating
$0
Water / Sewer
$0
Trash
$0
Vacancy
$2,340
Maintenance
$2,224
Management
$2,223
Others
$0
Total Expenses
$16,096
$16,096
Loan Terms
Scenario Builder
Sale Price
$399,000
Loan Term
30
Rate
6.75%
LTV
80%
P&I
$2,070
$2,070
Request loan quote from VC Property Group.
Connor Wenchell
Connor Wenchell
VC Property Group

Connor Wenchell


VC Property Group

Email
Call