147 Babcock St Hartford, CT 06106
- Mixed-use properties
Current Use by Public Records
- Mixed-use properties
Property Details for 147 Babcock St
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property, located at 147 Babcock Street in Hartford, Connecticut's vibrant Frog Hollow neighborhood, presents a compelling value-add opportunity for discerning investors. The brick building, constructed in 1910, boasts a total area of 8,486 square feet and comprises five units: two three-bedroom residential units, two one-bedroom residential units, and one commercial space currently occupied by a long-term tenant (a church) that has been in place for over two decades and desires to remain. The residential units are in need of renovation, offering significant potential for increased rental income and property value. The building's infrastructure includes both oil (for heating and hot water) and gas (for cooking) systems. Off-street parking is available, adding to the property's appeal. Situated in a central location within Hartford, this solid investment offers substantial upside for those seeking to expand their portfolio with a property that combines established commercial income with significant residential renovation potential. The asking price for this remarkable opportunity is $375,000. This is a rare chance to acquire a well-positioned mixed-use property in a thriving Hartford neighborhood.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hartford
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.6894
- Latitude
- 41.7597