CT > Hartford
Hartford, CT 06105,264 Farmington Avenue
Hartford, CT 06105,264 Farmington Avenue
Hartford, CT 06105,264 Farmington Avenue
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
1
Mar
Sun
2
Mar
Mon
3
Mar
KIRK & STACY WEINGARTEN

KIRK & STACY WEINGARTEN

+1(941) 432-4141
$1,350,000
Est. payment /mo
12 Beds
10 Baths
12,414 SqFt
Save

UPDATED:

02/24/2025 09:08 PM

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 12,414 sqft

Price per Sqft $108

MLS Listing ID 24069414

Style Units on different Floors

Bedrooms 12

Full Baths 8

Half Baths 2

Year Built 1928

Annual Tax Amount $32,153

Lot Size 0.290 Acres

Property Sub-Type 5 Family+

Property Description

The Green Apple grocery/convenience store is an anchor tenant paying $4,500/month until 2028. The additional office space is currently occupied by the owner, and the residential units are under rented by at least $300 per unit. Entry with a one to two year bridge loan will allow a new owner to perform the necessary updates and lease-up each unit. The owner paid heat and hot water system in addition to the completion of cosmetic upgrades in the residential units will allow an investor to attain our proforma rental projections. With proforma rents in place and assuming a valuation of $1,350,000, this property stands as an 8 percent CAP and will yield a 9.8 percent return.

Location

State CT

County Hartford

Zoning MS-1

Rooms

Basement Full

Interior

Heating Hot Air

Cooling Window Unit

Exterior

Parking Features None, Paved, Parking Lot, Unassigned Parking

Waterfront Description Not Applicable

Roof Type Flat

Building

Lot Description Corner Lot, Level Lot

Foundation Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Read Less Info
Listed by Connor Wenchell • VC Property Group, LLC

Go tour this home

264 Farmington Avenue

QUICK SEARCH
More

Leave a reply

 

Name
Phone*
Message

By checking this box, I agree by electronic signature to (1) the Electronic Disclosure Consent; (2) receive recurring marketing communication from or on behalf of KIRK & STACY WEINGARTEN, including auto-dialed calls, texts, and prerecorded messages (consent not required to make a purchase; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for help); and (3) the Terms of Service and Privacy Policy of this website. I understand that I can call +1(941) 432-4141 to obtain direct assistance.