October 4, 2024 – Tim Hines of Horvath & Tremblay has arranged the sale of a four (4) unit multi-family apartment building in Hartford, Connecticut. Hines exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $375,000.
The three-story brick building located at 26-28 Judson Street in Hartford, Connecticut contains four (4) residential units comprised of one (1), 5-Bedroom/2-Bathroom unit, two (2), 4-Bedroom/1-Bathroom units, and one (1), 3-Bedroom/1-Bathroom unit with 5,458 square feet of living area on a 0.12-acre parcel. The Property offers ample on-site parking in the rear of the building and each unit is separately metered for electricity, and gas heat and hot water, which the Tenants can pay directly. The landlord is responsible for common area electric and domestic water and sewer. The Property is well-located on a tree-lined residential street in the North End neighborhood of Hartford. The Property is 0.3-miles from Main Street, 1.5-miles from downtown Hartford, and the location offers convenient access to major roadways (Main Street and Albany Avenue/US Route 44) area highways (Interstates 84 and 91), public transportation, numerous public schools, parks, retail, restaurant, and entertainment amenities.
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.