About 886 Maple Avenue
A rare opportunity to acquire a turnkey mixed use residential/retail asset located a block from Goodwin Park -- 8% CAP ON ACTUALS! Pride of ownership is evident when you tour the 5 high-end New York style residential apartments, 2 retail storefronts and 4 air conditioned + heated storage units with LED lighting, The roof, windows and electrical have all been updated. The walls have been insulated with foam. The residential apartments pay their own utilities (including heat and central air) and feature stainless steel appliances, ceramic tile in the bathrooms and modern flooring throughout. The appliances are 95% high efficiency. There is LED lighting and a beautiful laundry room with coin-operated machines on the second floor. The 2 retail spaces are each leased for $2500 and share one heating system. There is a secure foyer area with a hardwired fire alarm system. There are (4) storage units on the lower floor that are rented for additional income. The parking lot (191 Gilman) has space for 14 cars -- the lot is zoned for 4 units and is part of the sale as an additional opportunity! One or more of this property's owners is a Real Estate Licensee.
Features of 886 Maple Avenue
| MLS® # | 170561269 |
|---|---|
| Price | $1,200,000 |
| Bathrooms | 0.00 |
| Square Footage | 7,978 |
| Acres | 0.18 |
| Year Built | 1948 |
| Type | Multi-Family For Sale |
| Sub-Type | 5 Family+ |
| Status | Closed |
Community Information
| Address | 886 Maple Avenue |
|---|---|
| Area | South End |
| City | Hartford |
| County | Hartford |
| State | CT |
| Zip Code | 06114 |
Amenities
| Features | Energy Star Rated |
|---|---|
| Parking Spaces | 20 |
| Parking | Off Street Parking, Parking Lot, Paved |
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Electric, Oil, Heat Pump |
|---|---|
| Cooling | Central Air, Ceiling Fans, Split System |
| Fireplace | No |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | Lighting |
| Lot Description | Corner Lot |
| Roof | Flat |
| Foundation | Concrete |
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | May 11th, 2023 |
|---|---|
| Days on Market | 387 |
| Zoning | MS-2 |
| RE / Bank Owned | No |
Listing Details
| Office | Berkshire Hathaway NE Prop. |
|---|