March 25, 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 $490,000.
The multi-family property is located at 122 Earle Street in Hartford, Connecticut. The Property is comprised of a three-story brick building containing a total of six (6), 2-Bedroom/1-Bathroom units with 5,500 square feet of living area on a 0.32-acre parcel. The Property offers on-site parking for six (6) vehicles. Each unit is separately metered for electricity, which the tenants pay directly. The landlord is responsible for domestic water and sewer and gas heat and hot water. The Property also offers new boilers and a state-of-the-art security system. 122 Earle Street is well-located on a tree-lined residential street in the North End neighborhood of Hartford. The Property is 1.75 miles from downtown Hartford, and the location offers convenient access to major roadways (Main Street and Albany Avenue/US Route 44 and Interstate 91), area highways, public transportation, numerous public schools, parks, retail shopping, 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.