About 527 Farmington Avenue
Farmington Ave is a brick, 30 unit building located in the West End of Hartford. The unit mix consists of 25 residential units and 5 commercial spaces with long term tenants. This asset has central gas heating system and tenant paid electric. The unit mix consists of: 24, 1 bedroom/1 bathroom units and 1, 2 bedroom/1 bathroom unit. The commercial spaces are occupied by: Amigo Market who has been a long term tenant since 2010; Mike Clothier Warehouse has been leasing space for 9 years and their lease expires in 2024; Monte Alban has occupied their space over 10 years and lease expires in 2030. The last 2 spaces are occupied by one tenant. The common areas are being upgraded as well. Brand new $10,000 hot water heating system installed April 2023. Retail tenants pay all utilities. Residential tenants pay electric. Landlord pays heat and hot water.
Features of 527 Farmington Avenue
MLS® # | 170556712 |
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Price | $2,100,000 |
Bathrooms | 0.00 |
Square Footage | 28,000 |
Square Footage | Approximate |
Acres | 0.46 |
Year Built | 1920 |
Type | Commercial For Sale |
Status | Closed |
Community Information
Address | 527 Farmington Avenue |
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Area | N/A |
City | Hartford |
County | Hartford |
State | CT |
Zip Code | 06105 |
Amenities
Utilities | Cable Available, Electric, Gas, Phone Available |
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Parking | Off Street Parking |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Natural Gas, Steam |
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Cooling | None |
Fireplace | No |
Exterior
Lot Description | Level Lot |
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Roof | Flat, Tar/Gravel |
Foundation | Concrete |
Additional Information
Date Listed | March 24th, 2023 |
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Days on Market | 400 |
Zoning | MS-1 |
RE / Bank Owned | No |
Listing Details
Office | Berkshire Hathaway NE Prop. |
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