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$800,000
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Property Description
8-unit multifamily/mixed-use investment in Hartford's South End. This property houses 3 retail storefronts on ground level and 5 residential units above. All units leased, but one retail store. Off-street parking lot for +/- 40 cars. Potential development expansion on rear grass lot. Opportunity Zone (OZ) location. Current NOI: $91,135. Quick access to highways. Offering package available.
Full Property Details
Full Property Details for 554 Wethersfield Ave
General
- Sold For: $800,000
- Taxes: (July 2023-June 2024)
- Status: Closed
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 170602074
- Added to Site: 871 day(s) ago
Interior
- Flooring: Tile, Vinyl, Wall-To-Wall Carpet
Parking
- Parking: Paved, Parking Lot
Location
- County: Hartford
- Neighborhood: South End
- Driving Directions: GPS
Community
- Community Name: South End
Heating & Cooling
- Cooling Type: Window Unit
- Heating Type: Baseboard, Electric
- Heating Fuel: Electric
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas, Fire Suppression System
Structural Information
- Construction Status: No/Resale
- Roof: EPDM Synthetic Rubber
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 15,000
- Sq. Ft. Source: Approximate
- Year Built: 1975
Unit Information
- # Tenants: 7
Lot Features
- Lot Size (Acres): 1.11
- Frontage: Municipal Street
- Zoning: MS-1
- Lot Description: Additional Land Avail., Cleared, Level Lot
Financial Considerations
- Assessment Amount: $440,160
- Tax Year: July 2023-June 2024
Disclosures and Reports
- Documents Avail.: None
- Property ID: 597551
Listed and Sold by Amodio & Co., Eric Amodio
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Schools
Schools serving 554 Wethersfield Ave
School District:Hartford School District
| Name | Grades | Distance |
|---|---|---|
M. D. Fox Compact School 470 Maple Avenue, Hartford, CT 06114 | PK-8 | 0.6 mi |
Dr. James H Naylor/Ccsu Leadership Academy 639 Franklin Avenue, Hartford, CT 06114 | PK-8 | 0.7 mi |
Asian Studies School At Dwight/Belizzi School 215 South Street, Hartford, CT 06114 | PK-8 | 0.7 mi |
Burr School 400 Wethersfield Avenue, Hartford, CT 06114 | PK-8 | 0.3 mi |
Bulkeley High School Upper School 395 Lyme Street, Hartford, CT 06112 | 9-12 | 4.7 mi |
Renzulli Academy 85 Woodland Street, Hartford, CT 06105 | 4-8 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 554 Wethersfield Ave
Date
Details
Price
Change
Source
3/01/2024
Sold
$800,000
-15.79%
MLS
12/29/2023
Price Reduced
$950,000
-7.32%
MLS
10/04/2023
Listed
$1,025,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
554 Wethersfield Avenue, Hartford, CT 06114 (MLS# 170602074) is a Commercial property that was sold at $800,000 on March 01, 2024. Want to learn more about 554 Wethersfield Avenue? Do you have questions about finding other Commercial real estate for sale in Hartford? You can browse all Hartford real estate or contact a Coldwell Banker agent to request more information.

