43 South Highland Street
Beautiful single-family home with a Rooming House Permit features 11 rented rooms and a 1st-floor apartment w/ a kit and full bath. The 2nd floor has a shared full bath and five rented rooms; the 3rd floor is the same setup. The eleventh room is on the first floor. Rent currently includes Heat, Hot water, and Internet in the main house. A high-efficiency gas furnace was installed in January 2022. There is no kitchen on the 2nd and 3rd floors. Each room includes a small refrigerator and microwave. The home could be converted back to an enormous 10 or 11 bed home as it was initially in the 1900s. There is an adorable studio apartment where the original Carriage House once stood with a one-year lease in place. The studio has a separate oil furnace, there are off-street parking spaces, and the property is a short walk to West Hartford Center & Blue Back Square. The home can be converted to a large three-family with town approval. The financials are attached numbers are pro forma and current. The house is turnkey, fully rented with positive cash flow, but could use some TLC. There are 13 tenants in place so showings will be arranged in groups.
Listing Courtesy of Matthew Miale KW Legacy Partners