Off-Market Three-Family — 139-141 Homestead Ave
Off-Market Three-Family — 139-141 Homestead Ave

139-141 Homestead Ave, Hartford, CT 06112

$320,000
active
8
Bedrooms
3.0
Bathrooms
3,400
Sq Ft
1915
Year Built

Description

Three-family property on Homestead Ave — one of Hartford's most active investor corridors. Assessed at $60,417. Three separate units generating strong rental income. Recent comparable sales on this street range from $300K-$400K. Excellent candidate for a BRRRR strategy: buy, rehab, rent all three units, refinance, and repeat. Projected combined monthly rent of $3,600.

Investment Metrics

Est. ROI
13.50%
After Repair Value
$425,000
Est. Rehab Cost
$50,000
Cap Rate
11.25%
Est. Monthly Rent
$3,600

Neighborhood Data

4/10
School Rating
5
Crime Index
65
Walk Score
48
Transit Score
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