137 Babcock Street

Hartford, CT 06106

$318,000
Last Sold Price
12
Beds
3
Baths
4,284 Sq. Ft.
$74 / Sq. Ft.
4,284
Sq. Ft.
$74
per Sq. Ft.

Description

Investors take notice of this huge brick three-family with 3 car garage, 11% CAP rate + 21% ROI! This property has large units with approx. 1,425 SF each - 4 beds, 1 bath, LR, EIK + pantry and laundry hook-ups. The units are 100% occupied. The interior features various updates. The utilities are separate and tenant paid with gas heat and hot water. The electrical service is updated to circuit breakers. There is a three-car detached garage in back rented for additional income + off-street parking/driveway....Investors take notice of this huge brick three-family with 3 car garage, 11% CAP rate + 21% ROI! This property has large units with approx. 1,425 SF each - 4 beds, 1 bath, LR, EIK + pantry and laundry hook-ups. The units are 100% occupied. The interior features various updates. The utilities are separate and tenant paid with gas heat and hot water. The electrical service is updated to circuit breakers. There is a three-car detached garage in back rented for additional income + off-street parking/driveway. Roof is 7-years old. Nothing to do but collect rents. + Conveniently located for easy access to highways and public transportation, and blocks to CT Children’s Medical Center, Pope Park and the South Green. This property is a turn key, low maintenance investment opportunity w/cash flow!
  1. Listed by Amanda R Faroni • Vanguard Private Client Grp
    P: (203) 314-4219 C: (203) 3144219 amandafaroni25@gmail.com

Property Details for 137 Babcock Street

Basement Description
Full, Unfinished
Direct Waterfront
No
Garages Number
3
Neighborhood
Frog Hollow
Style
Units on different Floors
Garage Parking Info
Detached Garage, Paved, Off Street Parking
Swimming Pool
No
LISTING UPDATED: 01/09/2023 05:00 AM

Property Details for 137 Babcock Street

StatusClosed
MLS #170531346
Days on Market7
Taxes$6,218 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1880
Lot Size0.17 AC / 7,405 SF
CountyHartford County

Building Information for 137 Babcock Street

Stories-Residences3Year Built1880Building Size-Lot Size0.17 AC / 7,405 SF

Property Information for 137 Babcock Street

Summary
Property and Location
  • Acres Source: Public Records
  • Association Amenities: None
  • Directions: Park St to Babcock OR Russ St to Backcock
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Per Board of Ed
  • Latitude: 41.75985
  • Longitude: -72.689445
  • Neighborhood Amenities: Commuter Bus, Medical Facilities, Park, Public Rec Facilities, Public Transportation, Walk to Bus Lines
  • State: Connecticut
  • Street No Extension: 139
Parking
  • Parking Total Spaces: 6
HOA and Fees
  • Home Owner's Assocation: No
  • Property Tax: $6,218
Interior and Exterior Features
Exterior Features
  • Exterior Features: Gutters, Lighting, Porch, Sidewalk
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Attic YN: No
  • Laundry Room Info: All Units Have Hook-Ups
  • Rooms Total: 18
Property
Property and Assessments
  • Construction Description: Brick
  • Driveway Type: Private
  • Elevation Certificate: No
  • Exterior Siding: Brick
  • Foundation Type: Masonry, Stone
  • Fuel Tank Location: Non Applicable
  • Gross SQFT Per Public Records: 6250
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1880
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 4284
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 602204
  • Sq Ft Est Heated Above Grade: 4284.0
  • Sq Ft Total: 4284.0
  • Zoning: NX-2
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Radon Mitigation Air: No
  • Radon Mitigation Water: No
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 15424
  • Gross Annual Income: 54864
  • Net Operating Income: $36,697
  • Occupied By: Tenant
  • Total Number of Units: 3
  • Total Rooms Multi Family: 18
Building Details
  • Unit Count: 3
Unit 1
  • Lease: Leased
  • Listing Key: EB797F73C8335D4CE0531401100ABBD8
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 1425
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 10-20-2022
  • Unit Monthly Rent: $1,640
  • Unit Num Bedrms: 4
  • Unit Num Rooms: 6
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Listing Key: EB797F73C8335D4CE0531401100ABBD8
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 1425
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 10-20-2022
  • Unit Monthly Rent: $1,400
  • Unit Num Bedrms: 4
  • Unit Num Rooms: 6
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Leased
  • Listing Key: EB797F73C8335D4CE0531401100ABBD8
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 1425
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 10-20-2022
  • Unit Monthly Rent: $1,532
  • Unit Num Bedrms: 4
  • Unit Num Rooms: 6
  • Unit Occupied By: Tenant

Schools near 137 Babcock Street

This home is within Hartford School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 8
Rating
School
Distance
Parkville Community School
PublicPK to 5

Sanchez School
PublicPK to 5

Kennelly School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Vanguard Private Client Grp, Amanda R Faroni

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