93-95 Silver Ln East Hartford, CT 06118
This exceptional three-unit apartment building presents a compelling investment opportunity in East Hartford, Connecticut. Situated on a spacious 0.49-acre lot at 93-95 Silver Ln, this property boasts 3,019 square feet and benefits from recent renovations. The building, constructed in 1808, has undergone significant updates, including a new roof and windows, fresh paint, new flooring, and remodeled bathrooms, minimizing future maintenance needs. The property is zoned R-4. The three units offer diverse layouts to cater to a range of tenants. Unit one is a well-maintained two-bedroom, one-bathroom apartment currently leased month-to-month. Unit two is a spacious four-bedroom, 2.5-bathroom apartment with two living rooms and a dining area. Unit three is a cozy one-bedroom, one-bathroom apartment featuring abundant storage, a screened porch, and a private balcony. The property also includes a private driveway providing ample parking and an outbuilding with garage space and a finished area suitable for various uses, such as a gym or recreational space. Its convenient location offers easy access to major roadways, including I-84 and I-91, and is within close proximity to Rentschler Field, East Hartford Golf Club, and The Shoppes at Buckland Hills. The asking price for this move-in ready property is $375,000. The property's APN is 517706. This is an ideal investment for those seeking rental income or a multi-family property with low maintenance requirements.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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