87 AMITY ST

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87 AMITY ST

HARTFORD, CT 06106-6028
Asking Price
$400K
Asset Type
Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset located at 87 Amity Street in Hartford
  • Turn-key three-family building currently available for purchase
  • Asking price for the property is set at $400,000
  • Situated within the 06106 zip code of Connecticut
  • Configuration provides three distinct residential rental units

What's Special

Hartford serves as a major economic hub for Connecticut, providing a stable environment for residential real estate investment. Situated on Amity Street, this multifamily asset benefits from the density and accessibility typical of the city's established neighborhoods. With its turn-key condition, the property is configured as a three-family residence, offering a straightforward approach to portfolio expansion or owner-occupant strategies. The local market maintains consistent demand for quality rental housing, supported by proximity to regional employers and essential city services. Prospective buyers will find this building positioned to capitalize on the steady occupancy rates common in the Greater Hartford metropolitan area. The three-unit layout allows for diverse leasing options, whether catering to local professionals or long-term residents seeking reliable housing within the state capital.

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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.982
Annual Cash Flow
$56,252.219

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