4 months on rocket

Sale Pending

402 Franklin Ave, Hartford, CT, 06114

$409,000

Home List Price

$4,857*

Closing Credit

0 Baths
3,424 SqFt
$119/SqFt
House
Schools Nearby

Location

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402 Franklin Ave, Hartford$409,000

Buyer Closing Credits

$4,857*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingPaved
Year Built1925
HeatingBaseboard, Radiant
CoolingNone
BasementYes
MLS #170615051
Lot Size0.18 Acres
StatusSale Pending
(Under Contract)

About 402 Franklin Ave

Lakeshore Realty is pleased to present this opportunity to purchase a turn key mixed-use building located at 402-406 Franklin Avenue, Hartford, CT. This mix-use property has four separate units, including retail and three spacious two-bedroom apartments. This value-add property offers a rare opportunity to secure a valuable asset with significant upside potential. With plenty of private parking for tenants, this property is in high demand, making it an ideal investment for those seeking to maximize their returns. Each of the three two-bedroom apartments is spacious and well-appointed, with modern amenities and ample storage space. The retail unit is perfectly positioned for high visibility and foot traffic, making it an ideal location for a variety of businesses. With easy access to all major highways and a prime location on Franklin Avenue, this property is a must-see for savvy investors. Don't miss your chance to secure a valuable asset with significant potential for long-term growth and profitability. Schedule a viewing today

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 3,424 SqFt

Listing Office:

  • Office Name: Lakeshore Realty
  • Office Phone: (203) 546-8536
  • Listing Agent: Ilir Dedvukaj

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Paved

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Radiant
  • Cooling: None

Other

Directions Information:

  • Directions: .

Price Information

Listing Price Info

Price Summary:

  • List Price: $409,000
  • Price Per SqFt: $119/SqFt
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Housing Market Comparison

See how this home compares to others in Hartford, CT.

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Hartford, CT

City

Med. Sold Price

$260.3K

Med. Price/SqFt

$120

# of Sold Homes

46

402 Franklin Ave vs Hartford

136 DAYS ON ROCKET

$409,000

+$148.6K More

$119/SqFt

-$2 Less

KEY TAKEAWAY

This property is $148.6K more than the Median Sold Price and $2/SqFt less than other homes in Hartford, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #170615051

Listing Office:

  • Office Name: Lakeshore Realty
  • Office Phone: (203) 546-8536
  • Listing Agent: Ilir Dedvukaj

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 11:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2725978
4
/10

  • Discovery Academy

  • 417 Franklin Ave

  • 0.06 miles

  • Public Magnet Grades PK-2

school-card-donut-2725979
2
/10

  • Montessori Magnet School

  • 1460 Broad St

  • 0.96 miles

  • Public Magnet Grades PK-6

school-card-donut-2725980
2
/10

  • Montessori Magnet At Moylan School

  • 101 Catherine St

  • 1.29 miles

  • Public Magnet Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,835. The majority of Hartford, CT residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 402 Franklin Ave

What is the listing price of this property?

The listing price of 402 Franklin Ave property is $409,000.

What type of property is this?

The property 402 Franklin Ave is a house located in Hartford, Connecticut, 06114.

Is this property for sale now?

Sale Pending: 402 Franklin Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the square footage of this property?

The property 402 Franklin Ave is 3,424 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 402 Franklin Ave is 1925.

Rocket Homes›Connecticut›Hartford County›Hartford›06114›402 Franklin Ave

This home is located at 402 Franklin Ave in Hartford, CT and zip code 06114 in the South End neighborhood. This 3,424 square foot home, which was built in 1925, sits on a 0.18 acre lot. It has been listed on Rocket Homes since December 15, 2023 and is currently priced at $409,000.

Hartford, CT housing market in March 2024 saw over 26 listings sold above listed price, more than 5 sold at listed price and over 15 sold below. In March 2024 in Hartford, CT there were 7.6% more homes for sale than in February 2024.

From Rocket Homes Real Estate and based on county public records data.

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