450 Franklin Ave Hartford, CT 06114

Building Details

Year Built

1915

Listing agency Sovereign Properties l***@lawtoyou.org Show Phone

Listed by Lani Liu-Helisch · License #REB.0788679 Show Phone

Source Elliman

Added: Apr 24 Updated: Jul 10 at 1:17PM Checked: Jul 21 at 8:06AM

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Investment Insights

Based on property information with market context.

This is a mixed-use property featuring 12 one-bedroom apartments and 5 commercial units. The property is fully occupied, with many long-term tenants. Each unit has separate utilities. Renovations were completed in the late 1990s, including new sheetrock on all walls in the apartments and hallways, and replacement of all doors, door frames, windows, and window frames. All electric and gas meters have been replaced. There are 12 parking spaces available for the residential tenants, located at the side of the building and on the street. The area experiences heavy foot traffic, which benefits the commercial tenants. Current commercial tenants include a Chinese restaurant, grocery store, laundromat, check and cash business, and nail salon. The seller will pay for new pavement in front of the building and repair the back parking lot with a new coating. The laundromat business can be sold together with the property at the buyer's option. The bike score is 45, indicating it is somewhat bikeable. The walk score is 66, indicating it is somewhat walkable. The transit score is 44, indicating some transit options are available.

Key Highlights

• Fully occupied mixed‑use property with 12 apartments and 5 commercial units.
• Separate utilities for all units.
• Renovated in the late 90s including new sheetrock, doors, door frames, windows and window frames.

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FAQs

What type of property is this?

Mixed-use property - Fully occupied mixed-use property with 12 apartments and 5 commercial units.

Where is this mixed-use property located?

The property is located at 450 Franklin Ave Hartford, CT.

What is the asking price?

The asking price for this property is $2,599,000.

What are key features of this property?

This property features: Fully occupied mixed‑use property with 12 apartments and 5 commercial units.; Separate utilities for all units.; Renovated in the late 90s including new sheetrock, doors, door frames, windows and window frames.