40 Carter St, East Hartford, CT 06118
- Small apartment buildings
- 5,152 SF
Current Use by Public Records
- Small apartment buildings
Property Details for 40 Carter St
- Property type
- Small apartment buildings
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 8, 2025 | $900,000 | Prime Re Properties LLC | Carter St Enterprises LLC | Warranty Deed | $623k · Velocity Commercial Capital LLC |
| Dec 30, 2022 | $600,000 | Carter St Enterprises LLC | Maurice Gagnon | Warranty Deed | — |
Description
This exceptional investment opportunity presents a six-unit townhouse-style multifamily property located at 40 Carter Street in East Hartford, Connecticut, 06118. The property boasts a total of 5,152 square feet and is offered at an asking price of $799,900. Each unit is a two-bedroom townhouse with its own separate utilities, gas heat, and a private basement, offering tenants significant privacy and convenience. The current rental income stream is substantial, with Unit A generating $1500 per month, Unit B and Unit E each bringing in $1650 per month, Unit C and Unit D each at $1500 per month, and Unit F at $1300 per month. This translates to a strong monthly cash flow, making this a truly turnkey investment ready for immediate income generation. The property's location in East Hartford, within Capitol County, provides easy access to local amenities and transportation. This is a rare opportunity to acquire a well-maintained, income-producing multifamily property in a desirable location. The property is classified as both multifamily and commercial, offering flexibility for potential future development or expansion. Don't miss this chance to add a high-performing asset to your portfolio. Contact us today to schedule a showing.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- East Hartford
- County
- Capitol
- State
- Connecticut
- Longitude
- -72.6332097
- Latitude
- 41.7393796
