132 Collins is a 30 unit brick asset located in the Asylum Hill Neighborhood of Hartford. This asset is located in the Opportunity Zone, allowing Investors to take advantage of the benefits associated with the location. This property has 3 stories/ with 10 units on each floor. The unit mix consists of: 3, 3 bedroom units; 9, 2 bedroom units; 6, 1 bedroom units; and 12 Studios. Pride of ownership is evident and this property has been owner managed and in the family for over 15 years. Updates include: Hard wired alarm system, Hardwood floors in 28 of 30 units, hardwood floors in all common areas except for the first floor which has carpet tiles. The windows have been replaced. The property has tenant paid electric. Electric is updated with sub panels and circuit breakers. Owner pays heat and water. The roof is 10 years old and there is an opportunity for laundry in the basement. Current ownership just canceled the laundry contract they had so that new ownership can choose their own strategy. This asset can be purchased with a SFR that has 13 parking spots for an additional $300k. There is the opportunity for assumable financing. The current loan balance is @ $1.4 million. Buyer would need to bring the balance to the closing as a down payment. Seller financing is NOT AVAILABLE. Please have POF for your client available. Please do not walk the property without a confirmed appointment.
Property Details
Property Features
Property Information:
Year Built: 1928
Living Area: 21,723 SqFt
Listing Office:
Office Name: Berkshire Hathaway NE Prop.
Office Phone: (860) 633-3674
Listing Agent: Lisa Cozzi
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Exterior Information:
Private Pool: No
View: City
Exterior: Lighting
Parking Information:
Attached Garage: No
Parking: On Street Parking
Lot Features
Lot Information:
Lot: City Lot, Level
Lot Size: 0.29 Acres
Utilities
Utilities Information:
Heating: Steam
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $2,800,000
Price Per SqFt: $129/SqFt
Tax Information:
Annual Amount: $52,913
Tax Year: 2021
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Sanchez School
176 Babcock St
Distance between this listing and this school0.95 miles
Public District Grades PK-5
6
/10
Dr. Ramon E. Betances Early Reading Lab School
42 Charter Oak Ave
Distance between this listing and this school1.24 miles
Public District Grades PK-3
3
/10
Parkville Community School
1755 Park St
Distance between this listing and this school1.46 miles
Public District Grades PK-5
Nearby Schools
4
/10
West Middle School
927 Asylum Ave
Distance between this listing and this school0.37 miles
Public District Grades KG-8
2
/10
Jumoke Academy Honors At Milner Elementary School
104 Vine St
Distance between this listing and this school0.69 miles
Public District Grades PK-8
1
/10
Burns Latino Studies Academy
195 Putnam St
Distance between this listing and this school0.82 miles
Public District Grades PK-8
Nearby Schools
3
/10
Classical Magnet School
85 Woodland St
Distance between this listing and this school0.62 miles
Public Magnet Grades 6-12
1
/10
High School Inc.
275 Asylum St
Distance between this listing and this school0.69 miles
Public District Grades 9-12
2
/10
Sports and Medical Sciences Academy
275 Asylum St
Distance between this listing and this school0.69 miles
The neighbors living near this home have an average income of $42,054. The most common annual income of people living in Hartford, CT is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
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This 21,723 square foot home, which was built in 1928, sits on a 0.29 acre lot. It has been listed on Rocket Homes since June 26, 2022 and is currently priced at $2,800,000.
Over 21 listings were sold over their listed price in April 2024 in Hartford, CT. In the same period over 19 listings were sold below the listed price and 6 listings were sold for the listed price. Between March 2024 and April 2024, Hartford, CT real estate market has seen increase in the number of listings by 0.5%.
From Rocket Homes Real Estate and based on county public records data.