August 27, 2020 – Tim Hines of Horvath & Tremblay has arranged the sale of a mixed-use property in Hartford, Connecticut. Hines exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $450,000.
The mixed-use property is located at 1055-1057 Capitol Avenue in Hartford, Connecticut. The property consists of one retail unit, five, 2-Bedroom/1-Bathroom units, three, 3-Bedroom/1-Bathroom units, and one, 1-Bedroom/1-Bathroom unit in 8,821 square feet of living area in 11,052 gross square feet. The property is located on a 0.20-acre corner lot with off-street parking for 8 vehicles. The property is well located in a densely populated Parkville neighborhood southwest of downtown Hartford. The location offers convenient highway access and walking distance to numerous neighborhood amenities and public transportation options. The property is 2-miles from downtown Hartford.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in New England. Their advisors specialize in the sale of apartment buildings, mixed-use properties and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.