HARTFORD – Four vacant and blighted multi-story brick buildings that include 69 units of housing in the West End of the city have been listed by Horvath & Tremblay for $3.4 million.
Of the 69 apartments, 26 are one-bedroom/1-bathroom units, 30 are two-bedroom/one-bathroom units, and 13 are three bedroom/one-bathroom units with 58,610 square feet of gross living area. The properties are situated upon a total of 2.48 acres of land and offer 21 garage spaces for off street parking.
Horvath & Tremblay, a real estate investment company with an office in Shelton, is the listing agent.
With renovations and updates to building units and common areas, an owner can drive rents to the top of the market in a high demand housing market. Additionally, the properties could qualify for the state Blight Remediation Program, which provides the new owner with large tax savings.
The portfolio is centered around the intersection of Farmington Avenue with Sisson and Girard avenues. They are located at 249-255 Sisson Ave., 258-260 Sisson Ave., 467 Farmington Ave. and 28-32 Girard Ave. All properties are within 0.2 miles of each other.
The properties are close to St. Francis Hospital, Hartford Public High School, and the University of Hartford.
