110 Main Street East Hartford, CT 06118

Other MLS #: 24161533 Courtesy Of eXp Realty of CT, LLC

$549,900

3 baths | 1 half baths | 2,922 sq ft
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Property InformationDescription

Welcome to 110 Main St, East Hartford, an investment and business opportunity positioned along a high visibility corridor. Zoned commercial (COMMERCIAL FINANCING REQUIRED), this versatile property supports a wide range of uses including office, retail, residential income, or professional services such as medical, legal, accounting, insurance, or real estate. Currently configured as a high performing income property, it features 3 separate rental units operating as a rooming house with a total of 6 bedrooms, 3 kitchens, and 3 full bathrooms. With a strong NOI of $44,174 and an attractive 8% cap rate, this is an excellent opportunity for immediate cash flow and long-term growth. Extensively updated in 2023, the property offers modernized interiors while maintaining flexible layout options to suit both investors and owner-users. This property benefits from exceptional exposure with very high daily traffic counts, ideal for business front signage and visibility. A private parking lot with approximately 20 spaces adds convenience for tenants, clients, and customers. Located just minutes from downtown Hartford, with easy access to I-84, I-91, and Rt-2, this property offers unmatched accessibility and strategic positioning. Whether you're looking to expand your business, establish a new location, or secure a strong income-producing asset, this property delivers on flexibility, visibility, and upside potential. Seller Financing Available: 25% downs, 8.75% interest rate, 20 year term

Features

  • Age: Over 50 Years Old
  • Heating System: Hot Water(Heating)
  • MLSID: 24161533
  • Parking Spaces: 20
  • Rooms: Bathroom 4
  • Rooms: Bathroom 2
  • Rooms: Bathroom 3
  • Rooms: Bathroom 1

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110 Main Street, East Hartford, CT 06118
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