127-129 Madison Avenue

Hartford, CT 06106

$476,000
Price
9
Beds
3
Baths
3,774 Sq. Ft.
$126 / Sq. Ft.
3,774
Sq. Ft.
$126
per Sq. Ft.

Description

Large lot
detached garage
new kitchen
replacement windows
new flooring
new and refinished floors
brand-new bathroom
owner occupant / investors welcome! Newly renovated classic three-unit apartment building (3,774 rentable sf) in the Parkville neighborhood of Hartford offered at $410,000. Ideal opportunity for a new owner to move into the vacant ground floor three-bedroom apartment while collecting $39,000/annually on the upper floor units (existing leases). The current rent roll pays for taxes ($563/monthly)
...Large lot
detached garage
new kitchen
replacement windows
new flooring
new and refinished floors
brand-new bathroom

owner occupant / investors welcome! Newly renovated classic three-unit apartment building (3,774 rentable sf) in the Parkville neighborhood of Hartford offered at $410,000. Ideal opportunity for a new owner to move into the vacant ground floor three-bedroom apartment while collecting $39,000/annually on the upper floor units (existing leases). The current rent roll pays for taxes ($563/monthly) and insurance ($120/monthly) while affording a mortgage payment of up to $2,571/monthly. Ideal opportunity for a first time home buyer with FHA financing - 3.5% down ($14,350) and monthly mortgage payments of $2,527. Qualify for the mortgage and live for free! Building is also ideal for an investor who wants to rent out the ground floor and collect a steady stream of monthly income ($58,000/annually) on a low maintenance property. Each three-bedroom apartment is freshly painted with new flooring and includes a brand-new bathroom, new kitchen, a walk-in pantry, and fully renovated living room. Each apartment also includes a lockable storage room in the basement and a parking space in the garage. Separate electric and gas meters for each apartment. Potential for additional income if buyer installs a coin-operated washer/dryer on existing hook-ups in the basement. Recent renovation work includes:
• New roof,
• Replacement windows,
• New bathrooms with new fixtures,
• New kitchens with new appliances,
• New and refinished floors,
• New boiler and flue liner,

The house is on a large lot with a detached garage and large trash shed. The property is fenced around its perimeter with a small fenced-off area to the side of the garage for pets. The property is located a half-block from the Park Street shopping corridor and 3 blocks from Parkville Station. It is minutes away from West Hartford Center, 2 parks (Pope and Kennedy Memorial Parks) and the West Boulevard exit of I-84. Seller will pay 2 3/4% commission to buyer's real estate brokers. Get in before the price rises! Contact the owner to schedule a showing. Listed by:

Property Owner (860) 776-4739

Amenities

  • Basement
  • Detached Garage
  • Garage
  • Ground Floor
  • Pantry

Location

Add your commute
LISTING UPDATED: 04/16/2024 08:00 PM

Property Details for 127-129 Madison Avenue

StatusActive
MLS #11532108
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1909
Lot Size0.23 AC / 10,018 SF
CountyHartford County

Location

Add your commute

Building Information for 127-129 Madison Avenue

Stories-Residences-Year Built1909Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

$3,160 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,598

Property Taxes

$562

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 127-129 Madison Avenue

Summary
Parking
  • Garage Carsize: 2
Property
Lot Information
  • Lotsize: 10018.0
Property and Assessments
  • Year Built: 1909
Interior and Exterior Features
Interior Features
  • Quarter Baths: 0
  • Halfbaths: 0
  • Threequarterbaths: 0
  • Fullbaths: 3
  • Bedrooms: 9

Property History for 127-129 Madison Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 127-129 Madison Avenue

Taxable ValueLand$7,938Additions$89,927Total$97,865
Tax Record2023$6,748 ($562 / month)
Home Facts
Baths3Total Finished SqFt3,774 SqFtAbove Grade Finished SqFt3,774 SqFtUnfinished Basement SqFt1,258 SqFtStories3Lot Size10,001 SqFtStyleTriplexYear Built1909ZoningN5-2CountyHARTFORDAPNHTFD M:136 B:476 L:001

Schools near 127-129 Madison Avenue

This home is within Hartford School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 8
Rating
School
Distance
Sanchez School
PublicPK to 5

Parkville Community School
PublicPK to 5

Kennelly School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

127-129 Madison Avenue is a multi-family home for sale in Hartford, CT 06106. This property was listed for sale on April 17, 2024 by For sale by owner, please contact, it's currently listed at $476,000. It has been on the market for a total of 16 days and was last sold on May 2, 2023. This listing's school district is Hartford School District. Nearby schools include Expeditionary Learning Academy At Moylan School, Sanchez School and Parkville Community School. 127-129 Madison Avenue is a 9-bed, 3-bath, 3,774 sqft multi-family home built in 1909.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.