February 8, 2022 – Tim Hines of Horvath & Tremblay has arranged the sale of a multi-family property in Hartford, Connecticut. Hines exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $400,000.
The multi-family property is located at 1037 Capitol Avenue in Hartford, Connecticut. The three-story brick building consists of six (6), 2-Bedroom/1-Bathroom units in 6,002 square feet of living area on a 0.22-acre lot with ample off-street parking. The units are separately metered for electricity, heat, and hot water, which the tenants pay directly. 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.