204 Magnolia Street

Hartford, CT 06112

$750,000
Price
14
Beds
6
Baths
6,480 Sq. Ft.
$116 / Sq. Ft.
6,480
Sq. Ft.
$116
per Sq. Ft.

Description

Discover an exceptional investment opportunity with this well-maintained 6-unit apartment complex in Hartford, boasting 14 bedrooms and 6 bathrooms. This property is designed for substantial income potential and is a smart choice for any investor's portfolio. Recently renovated in 2021, each unit has been upgraded to meet contemporary living standards. Additionally, a brand-new roof was installed in July 2024, and the property is equipped with Navien tankless hot water/heating systems for superior...Discover an exceptional investment opportunity with this well-maintained 6-unit apartment complex in Hartford, boasting 14 bedrooms and 6 bathrooms. This property is designed for substantial income potential and is a smart choice for any investor's portfolio. Recently renovated in 2021, each unit has been upgraded to meet contemporary living standards. Additionally, a brand-new roof was installed in July 2024, and the property is equipped with Navien tankless hot water/heating systems for superior efficiency and reliability. The property's excellent condition and recent upgrades ensure high tenant demand and reliable rental income from the outset. Hartford's thriving rental market offers significant potential for asset value growth, making this property an attractive option for those seeking a stable and profitable investment. Whether you're an experienced investor or exploring your first real estate venture, this complex provides a prime opportunity to acquire a top-tier, income-generating asset.
  1. Listed by Michael J Kusy • Evermark Property Group
    P: (860)-402-5872 C: (860)-402-5872 michael.kusy@evermarkre.com

Property Details for 204 Magnolia Street

Basement Description
Full, Unfinished
Direct Waterfront
No
Neighborhood
Upper Albany
Style
Units on different Floors
Garage Parking Info
None
Swimming Pool
No
LISTING UPDATED: 12/12/2024 06:11 PM

Property Details for 204 Magnolia Street

StatusActive
MLS #24035373
Days on Market148
Taxes$15,488 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1924
Lot Size0.17 AC / 7,405 SF
CountyHartford County

Building Information for 204 Magnolia Street

Stories-Residences6Year Built1924Building Size-Lot Size0.17 AC / 7,405 SF

Property Information for 204 Magnolia Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Use GPS
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.78289
  • Longitude: -72.68624
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2024-June 2025
  • Property Tax: $15,488
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: None
  • Heat Type: Hot Water
  • Attic YN: No
  • Fireplaces Total: 0
  • Laundry Room Info: None
  • Rooms Total: 26
Property
Property and Assessments
  • Construction Description: Brick
  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • New Construction Type: No/Resale
  • Roof: Flat
  • Year Built: 1924
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 6480
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 608623
  • Sq Ft Est Heated Above Grade: 6480.0
  • Sq Ft Total: 6480.0
  • Zoning: NX-2
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Tankless Hotwater
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 6
  • Total Rooms Multi Family: 26
Unit 1
  • Lease: Monthly
  • Listing Key: 1E1C9796703E614BE063D501100AB3A5
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 12-12-2024
  • Unit Monthly Rent: $1,450
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Lease Expires: 08-31-2025
  • Listing Key: 1E1C9796703E614BE063D501100AB3A5
  • Unit Entry Order: 6
  • Unit Full Baths: 1
  • Unit Modified Date: 12-12-2024
  • Unit Monthly Rent: $1,500
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Monthly
  • Listing Key: 1E1C9796703E614BE063D501100AB3A5
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 12-12-2024
  • Unit Monthly Rent: $1,400
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 4
  • Lease: Leased
  • Lease Expires: 09-30-2024
  • Listing Key: 1E1C9796703E614BE063D501100AB3A5
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 12-12-2024
  • Unit Monthly Rent: $1,760
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 5
  • Lease: Monthly
  • Listing Key: 1E1C9796703E614BE063D501100AB3A5
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 12-12-2024
  • Unit Monthly Rent: $1,125
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 6
  • Lease: Monthly
  • Listing Key: 1E1C9796703E614BE063D501100AB3A5
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 12-12-2024
  • Unit Monthly Rent: $1,215
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant

Schools near 204 Magnolia Street

This home is within Hartford School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 12
Public - K to 8
Rating
School
Distance
Sand School
PublicPK to 5

Wish School
PublicPK to 5

Capital Preparatory Magnet School
PublicPK to 12

Ib Global Communications Academy
PublicK 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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204 Magnolia Street is a multi-family home for sale in Hartford, CT 06112. This property was listed for sale on July 26, 2024 by Evermark Property Group, it's currently listed at $750,000. This listing's school district is Hartford School District. Nearby schools include Sand School, Wish School and Capital Preparatory Magnet School. 204 Magnolia Street is a 14-bed, 6-bath, 6,480 sqft multi-family home built in 1924.

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 Evermark Property Group, Michael J Kusy

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.