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143 PUTNAM ST
HARTFORD, CT 06106-1328
Asking Price
$575K
Cap Rate
12.12%
Asset Type
Multifamily
Class
Class B
What's Special
Value Add: 12% CAP in Frog Hollow! <p><strong style="color: rgba(0, 0, 0, 1)">12% CAP with full occupancy. Rare opportunity to acquire a six-unit multifamily on a prominent corner lot in Frog Hollow, featuring a strong unit mix of spacious 2- and 3-bedroom layouts, each approximately 1,000 SF. Units have been updated with a range of improvements including hardwood flooring in select units, renovated kitchens and baths, and updated paint and fixtures. The property is serviced by gas heat (owner paid), while tenants are responsible
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NOI
$80,000
Cap Rate
13.91%
DSCR
2.34
Strong
Cash-on-Cash
26.59%
Monthly Payment
$2,844.786
Annual Cash Flow
$45,862.565
