40 Carter St East Hartford, CT 06118

Property Details for 40 Carter St

Property size

5,152 SF

Property type

Small apartment buildings

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.