Property profile

204 Magnolia St 206 Hartford, CT 06112

OFF-MARKET
Other apartment buildings
Property ID
US15-1017304
6,480 SF 0.17 ac lot Built 1924
Entity Owned 2-yr Hold
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Property summary

AI-generated overview

204 Magnolia Street in Hartford, Connecticut is a multi-family residential property in the Upper Albany neighborhood. The three-story building contains six total units: four units configured as 2-bedroom/1-bath and two units configured as 3-bedroom/1-bath. The structure includes approximately 6,480 square feet of gross living area within about 9,228 square feet of total gross area, set on a 0.17-acre parcel. The property is equipped with off-street parking and is positioned for access to downtown Hartford and nearby residential areas. The location provides proximity to major transportation corridors, including Interstates 84 and 91, and is near retail centers, neighborhood services, educational institutions, and recreational amenities.

Property profile

Verified
Property type Other apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1924
Construction FRAME
Total area 6,480 SF
Lot 0.17 ac (7,405 SF)
Zoning code NX-2
APN HTFD M:219 B:217 L:018
UPID US15-1017304

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

204 Magnolia St, Unit 206 Hartford, CT 06112-2453
Hartford metro Census 501400 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$655k
CAP Approach CAP
by Request
Comparable Approach Comparable
$575k
Blend (final) Blend
$690k

Owner & transaction history

since 2023
Last sale
$655,000
7 recorded transactions
2023
$655,000
2022
Price N/A
2021
$330,000
2017
Price N/A
2013
$55,000
2013
Price N/A
2010
Price N/A

Zoning & alternative use

NX-2 · Hartford, CT
Zoning description

e NX-1 district is intended for neighborhood areas that currently include a mix of Apartment Buildings and House Type B with multiple units in each building. Row Buildings are permitted, though few exist in these areas.…

General category UNKNOWN
Top alternative use upside
Restaurant $1.1M +95.4%
Retail stores $655,000 +15.5%
Auto repair, garage $580,000 +2.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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