817 Albany Ave Hartford, CT 06112-2308
This exceptional investment opportunity presents a 6,062 square foot multi-use building situated on a 0.24-acre lot at 817 Albany Avenue in Hartford, Connecticut. The property boasts a compelling blend of commercial and residential space, offering significant income potential. The first floor encompasses a substantial commercial space, ideal for a variety of businesses, given its generous size. Above the commercial space, the second and third floors each feature a fully rented residential apartment. Both apartments are spacious and have undergone complete renovations, ensuring high occupancy rates and minimizing maintenance needs. The building's strong rental history makes it an attractive proposition for investors seeking a stable and profitable asset. The location in Hartford provides easy access to major transportation routes and a diverse range of amenities. This turnkey investment property requires minimal effort to manage, making it an excellent choice for both seasoned and novice investors. The asking price of $464,900 reflects the property's exceptional value and strong potential for future appreciation. This is a must-see property for anyone seeking a high-yield investment in a thriving Connecticut market. Don't miss this chance to acquire a well-maintained, income-generating asset in a desirable location.
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North End Barbeque Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MS-1 · Hartford, CTHartford. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.