1 month on rocket

204-206 Magnolia St, Hartford, CT, 06112

$750,000

Home List Price

$8,906*

Closing Credit

14 Bedrooms
6 Full Baths
6,480 SqFt
$116/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

204-206 Magnolia St, Hartford$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1924
HeatingHot Water
CoolingNone
BasementYes
MLS #24035373
Lot Size0.17 Acres
StatusActive

About 204-206 Magnolia St

Discover an exceptional investment opportunity with this well-maintained 6-unit apartment complex in Hartford, boasting 14 bedrooms and 6 bathrooms. This property is designed for substantial income potential and is a smart choice for any investor's portfolio. Recently renovated in 2021, each unit has been upgraded to meet contemporary living standards. Additionally, a brand-new roof was installed in July 2024, and the property is equipped with Navien tankless hot water/heating systems for superior efficiency and reliability. The property's excellent condition and recent upgrades ensure high tenant demand and reliable rental income from the outset. Hartford's thriving rental market offers significant potential for asset value growth, making this property an attractive option for those seeking a stable and profitable investment. Whether you're an experienced investor or exploring your first real estate venture, this complex provides a prime opportunity to acquire a top-tier, income-generating asset.

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Living Area: 6,480 SqFt

Listing Office:

  • Office Name: Evermark Property Group
  • Office Phone: (860) 384-6530
  • Listing Agent: Michael Kusy

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 14

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $116/SqFt

Tax Information:

  • Annual Amount: $4,165
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Hartford, CT.

Med. Sold Price

$280K

Med. Price/SqFt

$126

# of Sold Homes

43

204-206 Magnolia St vs Hartford

43 DAYS ON ROCKET

$750,000

+$470K More

$116/SqFt

-$10 Less

KEY TAKEAWAY

This property is $470K more than the Median Sold Price and $10/SqFt less than other homes in Hartford, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24035373

Listing Office:

  • Office Name: Evermark Property Group
  • Office Phone: (860) 384-6530
  • Listing Agent: Michael Kusy

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/7/2024, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 02, 2021Home Sold
$330,000
Sep 03, 2013Home Sold
$55,000
Jan 07, 2003Home Sold
$65,000
Jan 24, 2001Home Sold
$110,000
Sep 10, 1987Home Sold
$160,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,165$56,070
2020$4,165$56,070
2019$4,165$56,070
2018$4,165$56,070

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1091397
4
/10
  • Sanchez School

  • 176 Babcock St

  • 1.20 miles

  • Public District Grades PK-5

school-card-donut-1091398
4
/10
  • Dr. Ramon E. Betances Early Reading Lab School

  • 42 Charter Oak Ave

  • 1.42 miles

  • Public District Grades PK-3

school-card-donut-1091399
3
/10
  • Parkville Community School

  • 1755 Park St

  • 1.68 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,667. The majority of Hartford, CT residents have income less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesConnecticutHartford CountyHartford06112204-206 Magnolia St

This home is located at 204-206 Magnolia St in Hartford, CT and zip code 06112 in the Upper Albany neighborhood. This 6,480 square foot home, which was built in 1924, sits on a 0.17 acre lot. Features: 14 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $750,000.

In August 2024 more than 23 listings in Hartford, CT were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 14 were sold below. The number of homes for sale in Hartford, CT decreased by 12.6% between July 2024 and August 2024.

From Rocket Homes Real Estate and based on county public records data.

More Resources