176 Brewer Street
East Hartford, Connecticut

Description:

Rare Investment Opportunity - Well-maintained 3-family property located in East Hartford near the Glastonbury Line. This unique multi-unit home offers an ideal blend of classic character and modern updates, making it perfect for both investors and owner-occupants. Featuring a versatile unit mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, each unit offers generously sized bedrooms, comfortable living spaces, and vinyl replacement windows. Two units include washer and dryer hookups, while the third unit features a portable washer and a solar dryer in the yard, adding convenience and tenant appeal. Major improvements include updated electrical breaker panels. Situated on an oversized lot, the property includes a 1-car detached garage, a separate outbuilding, two driveways, and ample off-street parking. The property is fully occupied by long-term tenants who would prefer to stay and currently responsible for their own utilities, ensuring immediate and stable cash flow. Rents are below market due to tenant longevity, presenting a strong value-add opportunity with significant upside potential for increased income. Conveniently located near Pratt & Whitney, Rentschler Field, parks, shopping, dining, and public transportation, with easy access to I-84, I-91, and Route 2. Hartford is just minutes away, and both New York City and Boston are approximately two hours away.

Listing Courtesy of CENTURY 21 AllPoints Realty