205 Retreat Ave Hartford, CT 06106
- Specialty properties
- 3,282 SF
- 0.18 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 205 Retreat Ave
- Year built
- 1920
- Construction
- FRAME
- Lot size
- 0.18 lot acres
- Property size
- 3,282 SF
- Zone code
- MX-1
- Property type
- Specialty properties
- APN
- HTFD M:227 B:551 L:160
- APU
- HTFDM227B551L160
Description
This exceptional three-story office building, located at 205 Retreat Ave in Hartford, Connecticut, presents a unique investment opportunity. Boasting 3,282 square feet of space, the property is zoned MX-1 and sits on a 0.18-acre dry, sloping lot. Built in 1920, the building features 12 units and offers a blend of residential and office space, previously used as a rooming house and office. The office area comprises approximately 1,000 square feet, while the residential area encompasses roughly 2,282 square feet. The property benefits from a sprinkler system and enjoys a highly convenient downtown Hartford location, within walking distance of a hospital. The assessed value is $217,140, with property taxes totaling $16,131 for the tax year July 2022-June 2023, reflecting a total mil rate of 74.290. This versatile property offers significant potential for various uses and is priced at $489,000. The building's Class C designation and its history as both a rooming house and office space provide a unique opportunity for a savvy investor to capitalize on its potential. The property's central location and proximity to essential services make it an attractive proposition for a wide range of potential buyers. This is a rare chance to acquire a well-situated, multi-use building in a thriving Connecticut city.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hartford
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.6822
- Latitude
- 41.7519
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
