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    Three-Unit Residential Income Property Title is generated by Realmo AI

    20 Huckleberry Hill Road, Avon, CT 06001

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    For Sale
    $599,000

    MULTI_FAMILY - Avon, CT

    Property size:
    2,667 SF
    Lot size:
    3.00 Acres
    Price / SF:
    $224/SF
    Added:
    May 30, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 6 at 6:06 am

    Property Features for 20 Huckleberry Hill Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R30/R40
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bedroom 6, Bathroom 1, Basement, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 1, Bathroom 2
    Patio and Porch features
    Patio
    Exterior features
    Porch,Deck,Patio
    Basement
    Full
    Standard status
    Active
    Size
    2,667 SF
    Lot size
    3.00 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    7913

    Utilities

    Heating system
    Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1870

    We can help!

    Listing Contact
    Gregory Frey
    Gregory Frey

    Listing agent Gregory Frey License #REB.0789253

    Listing office RE/MAX Prime Realty 395 W Avon Rd, Avon, CT

    Listing date May 30, 2026

    MLS# 24179605 Listing URL

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3‑unit property on a 3‑acre lot in Avon, CT, with one 3‑bedroom unit, one 2‑bedroom unit, and one 1‑bedroom detached home
    • Tenants in place: leases for the 2‑bedroom and 1‑bedroom units run until May 2027
    • 1‑bedroom detached single‑family home includes an attached 2‑car garage
    • All apartments feature hardwood flooring and Harvey Windows; described as clean and in excellent condition
    • Recent updates and improvements reported; 3‑bedroom unit is freshly painted and ready for immediate occupancy
    • Outdoor space includes porch, deck, and patio; public water available

    Overview

    This three-unit residential income property includes a two-family home and a detached single-family unit with an attached two-car garage. The two-family portion offers a three-bedroom unit and a two-bedroom unit, while the detached home includes a one-bedroom layout. The listing notes that all apartments feature hardwood flooring and Harvey windows, and that the units are maintained in excellent condition. Recent updates and improvements are referenced throughout the property. The three-bedroom unit has been freshly painted and is described as ready for immediate occupancy.

    The property sits on an approximately three-acre lot in Avon, Connecticut. Access is via 20 Huckleberry Hill Road, and the location is described as convenient to shopping, dining, recreation, with downtown Collinsville and the Farmington River noted as being nearby.

    For buyers, this setup can support an investor looking for existing lease coverage for the two-bedroom and one-bedroom units through May 2027, alongside an owner-occupant or investor who may prefer to occupy the three-bedroom unit immediately. The tenant arrangements for the specified units, along with the described condition and upgrades, provide a practical starting point for evaluating occupancy and use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Avon
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.915512
    Latitude
    41.806125

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    FAQs

    What type of property is this?
    Triplex - Well-maintained three-unit property with multiple bedroom configurations and current tenant leasing in place for part of the building.
    Where is this triplex located?
    The property is located at 20 Huckleberry Hill Road Avon, CT.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: 3‑unit property on a 3‑acre lot in Avon, CT, with one 3‑bedroom unit, one 2‑bedroom unit, and one 1‑bedroom detached home; Tenants in place: leases for the 2‑bedroom and 1‑bedroom units run until May 2027; 1‑bedroom detached single‑family home includes an attached 2‑car garage
    (860) 716-2593
    We can help!
    Listing Contact
    Gregory Frey
    Gregory Frey
    Real Estate License ID: REB.0789253
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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