UNDER CONTRACT
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Description
Lakeshore Realty is pleased to present this opportunity to purchase a turn key mixed-use building located at 402-406 Franklin Avenue, Hartford, CT. This mix-use property has four separate units, including retail and three spacious two-bedroom apartments. This value-add property offers a rare opportunity to secure a valuable asset with significant upside potential. With plenty of private parking for tenants, this property is in high demand, making it an ideal investment for those seeking to maximize their returns. Each of the three two-bedroom apartments is spacious and well-appointed, with modern amenities and ample storage space. The retail unit is perfectly positioned for high visibility and foot traffic, making it an ideal location for a variety of businesses. With easy access to all major highways and a prime location on Franklin Avenue, this property is a must-see for savvy investors. Don't miss your chance to secure a valuable asset with significant potential for long-term growth and profitability. Schedule a viewing today
Home Highlights
Parking
10 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$119
Listed
31 days ago
Home Details for 402 Franklin Ave
Interior Features |
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Interior Details Basement: Partial |
Dimensions and Layout Living Area: 3424 Square Feet |
Appliances & Utilities Appliances: Gas Water Heater |
Heating & Cooling Heating: Baseboard,Radiator,Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard |
Exterior Features |
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Exterior Home Features Roof: AsphaltFoundation: Concrete PerimeterNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking Spaces: 10Parking: Paved |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 3424 Square Feet |
Days on Market |
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Days on Market: 31 |
Property Information |
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Year Built Year Built: 1925 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Aluminum SidingNot a New ConstructionDoes Not Include Home Warranty |
Property Information Parcel Number: 596850 |
Price & Status |
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Price List Price: $409,000Price Per Sqft: $119 |
Status Change & Dates Possession Timing: Tenants |
Active Status |
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MLS Status: Under Contract |
Location |
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Direction & Address City: Hartford |
School Information Elementary School: Per Board of EdHigh School: Per Board of Ed |
Agent Information |
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Listing Agent Listing ID: 170615051 |
Building |
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Building Area Building Area: 3424 Square Feet |
HOA |
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No HOA |
Lot Information |
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Lot Area: 7840.8 sqft |
Miscellaneous |
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BasementMls Number: 170615051Zillow Contingency Status: Under ContractAttic: None |
Last check for updates: 1 day ago
Listing courtesy of Ilir Dedvukaj
Lakeshore Realty
Source: Smart MLS, MLS#170615051
Price History for 402 Franklin Ave
Date | Price | Event | Source |
---|---|---|---|
03/29/2024 | $409,000 | Pending | Smart MLS #170615051 |
12/15/2023 | $409,000 | Listed For Sale | Smart MLS #170615051 |
02/19/2015 | $208,000 | Sold | Smart MLS #G678721 |
04/09/2014 | $249,900 | Listed For Sale | Agent Provided |
10/01/2013 | $234,900 | ListingRemoved | Agent Provided |
06/22/2012 | $234,900 | PriceChange | Agent Provided |
02/10/2012 | $249,900 | Listed For Sale | Agent Provided |
09/02/2011 | $279,000 | ListingRemoved | Agent Provided |
05/01/2011 | $279,000 | PriceChange | Agent Provided |
10/11/2010 | $289,000 | PriceChange | Agent Provided |
05/26/2010 | $295,900 | Listed For Sale | Agent Provided |
02/03/2009 | $289,900 | ListingRemoved | Agent Provided |
11/17/2008 | $289,900 | PriceChange | Agent Provided |
09/14/2008 | $318,900 | Listed For Sale | Agent Provided |
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Comparable Sales for 402 Franklin Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
---|---|---|---|---|---|---|---|
0.06 | Multi-Family Home | $280,000 | 06/02/23 | 4 | 2 | 2,767 | |
0.14 | Multi-Family Home | $260,000 | 11/14/23 | - | 2,586 | ||
0.13 | Multi-Family Home | $286,000 | 07/31/23 | - | 3,940 | ||
0.19 | Multi-Family Home | $410,000 | 04/18/24 | 6 | 3 | 3,324 | |
0.16 | Multi-Family Home | $360,000 | 01/19/24 | 5 | 3 | 2,890 | |
0.21 | Multi-Family Home | $390,000 | 03/28/24 | 9 | 3 | 3,927 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about South End
- Trulia User
- Resident
- 2y ago
"I love it here been living here for longest . Have a lot of stores and walking distance .. a lot more."
- Trulia User
- Resident
- 2y ago
"Love it here a lot of stores and. Buses running and some neighborhoods are nice people and show respect ."
- Trulia User
- Resident
- 2y ago
"South end is more quiet and clean area. Nice people and friendly.. friend where u want to live... it"
- Suehelen
- Resident
- 3y ago
"very busy and noisy, lots of activity on the streets at night parking is a nightmare and traffic is outrageous a lot of food trucks and people everywhere all times of the day and night "
- Riversgeorgetta
- Resident
- 3y ago
"South was end cool lived here for 28 years I love Hartford Connecticut and will always come back but only to the south end "
- Jazmin B.
- Resident
- 3y ago
"it's quiet most of the time.. live here for 9 Years never had any problems. Besides holidays it's a little loud. "
- Aniyah B.
- Resident
- 3y ago
"There’s no where to really walk your dog and most dog walkers dont pick up the poo. Most landlords don’t even accept pets. Good luck!"
- Kristal.mayuri
- Resident
- 4y ago
"Night life very hectic, parks ok, the driving around here is scary so do not leave kid’s unattended. "
- Madeline M.
- Prev. Resident
- 4y ago
"45 years ago this area was really nice place to live there's been a huge makeover from the beginning of Franklin Ave to the end there's been drug dealing, crime has been a constant problem there that's why I moved out of the area "
- James D.
- Resident
- 4y ago
"Diverse friendly community. Safe with beautiful homes, culture, heritage and a lot of history. I love living in the south end."
- Veronica V.
- Resident
- 4y ago
"Cultural festivals Greek Italian Puerto Rican and West Indian are great events within the Southend of Hartford "
- Librada D.
- Resident
- 4y ago
"There are many families in this neighborhood lots of children driving bikes and doing activities around their house"
- Librada D.
- Resident
- 5y ago
"we don't have community events in my neighborhood . but we do have friendly neighbor's who watch out "
- Rjessicaromero
- Resident
- 5y ago
"They would like trash cans into corners friendly dogs and dogs on leash people keeping there kid at a distance from the dog just in case the dog can retaliate "
- Nelidad H.
- Prev. Resident
- 5y ago
"My neighborhood has great access to transportation. it is quiet and safe. I like my town very much. on Christmas they decorate and have Christmas Carols playing in the streets. it brings back memories of when I was young growing up in New York. god bless everyone."
- Librada D.
- Resident
- 5y ago
"I lived in this neighborhood for 20 years or more with my grandmother and my neighbors are friendly quiet neighborhood peaceful"
- Losgomez301
- Resident
- 5y ago
"the diversity and great neighbors truly a village I wouldnt trade it for anywhere else. The park is close by as well as restaurants,grocery stores etc......"
- Helena 4.
- Resident
- 6y ago
"I've lived here for 5 years. my neighbors are friendly, there a sense of community in this neighborhood. "
- Librada D.
- Resident
- 6y ago
"I've lived in the neighborhood for ten years and neighbors are friendly and helping keepba look out for stranger's and other people "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Ilir Dedvukaj, Lakeshore Realty
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.