142 Mather St Hartford, CT 06120-2331
- Investment properties
- 2,621 SF
- 0.09 lot acres
Current Use by Public Records
- Investment properties
Property Details for 142 Mather St
- Year built
- 1915
- Construction
- FRAME
- Lot size
- 0.09 lot acres
- Property size
- 2,621 SF
- Zone code
- NX-1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- HTFD M:220 B:230 L:195
- APU
- HTFDM220B230L195
Description
This exceptional mixed-use property at 142 Mather Street in Hartford, Connecticut, presents a unique investment opportunity. The 2,621 square foot building is situated in the Capitol County, offering convenient access to downtown Hartford and major highway arteries. Currently configured as a two-unit building, the ground floor houses a convenience store, while the second floor comprises a three-bedroom residential apartment. The property boasts four off-street parking spaces, a significant advantage in this location. While the building has undergone some recent updates, it does require some additional work, presenting a chance for value enhancement through renovations and improvements. The property's mixed-use nature, combining commercial and residential components, provides diverse income potential and flexibility for future development. This is a rare opportunity to acquire a well-located mixed-use building in a growing area of Hartford, offering strong potential for both immediate income and long-term appreciation. The property is zoned for commercial and manufacturing use, providing versatility for future tenants or owners. The asking price is $200,000. The property's address is 142 Mather Street, Hartford, CT 06120.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $235,000
- 6.5%
- $245,000
- 7%
- $235,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $235,000
- Geo Method
- $230,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $225,000
- Retail
- $215,000
- Mixed-Use
- $210,000
- Hospitality
- $235,000
- Educational
- $265,000
- Residential Income
- $215,000
- Energy
- $205,000
- Income-Based Land
- $205,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Hartford
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.6826
- Latitude
- 41.78
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA