142 Mather St Hartford, CT 06120-2331
- Investment properties
- 2,621 SF
- 0.09 lot acres
Oct 16, 2024
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 Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $200,000
- ML approach
- $200,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $174,000
- AI Estimate
- $173,000
Market price range: $55.6k - $174kMarket price range: $58.8k - $174k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $125,000 Current use
- RETAIL STORES
- $265,000 Change: +114% Conversion: Easy
- AUTO REPAIR, GARAGE
- $235,000 Change: +90% Conversion: Difficult
- OFFICE BUILDING
- $195,000 Change: +59% Conversion: Easy
- WAREHOUSE, STORAGE
- $145,000 Change: +18% Conversion: Difficult
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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