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Renovated Multifamily Triplex

24 Bond Street Hartford, CT 06114

24 Bond Street, Hartford, CT, 06114
$469,900
For Sale
$469,900

MULTI_FAMILY - Hartford, CT

Property Size2,440 SF
Lot Size0.11 Acres
Price / SF$192.58
Days on Market11

Property Features for 24 Bond Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
NX-2
Bedrooms
5
Bathrooms
4
Rooms
Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 2, Basement, Bathroom 4, Bedroom 2
Parking
4
Exterior features
Sidewalk,Garden Area
Basement
Unfinished, Full
Standard status
Active
Size
2,440 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
4472

Utilities

Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Water source
Public

Building Details

Year built
1920
Architectural style
Other
Listing agency Golden Rule Realty
Listed by Tony Marques
Added: Jul 11 Updated: Jul 20 at 4:35PM Checked: Jul 21 at 11:06AM
MLS# 24189844

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.


Investment Insights

Based on property information with market context.

This renovated triplex has been reworked from the studs outward with new plumbing, electric, windows, insulation, sheetrock walls, and ceilings. Interior improvements include new baths and kitchens, along with new flooring throughout. The property also features new heating systems and a newly replaced roof.

The building is configured with one larger unit on the 2nd floor offering 3 bedrooms and 2 baths. Two smaller luxury apartments are located on the 1st floor, creating a multifamily setup designed to support rental income.

Zoned NX-2, the property is listed for sale in Hartford, CT and includes a reported total building size of 2,440 square feet on a 0.11-acre lot.

Key Highlights

  • Renovated from the studs with new plumbing, electric, windows, insulation, sheetrock, ceilings, floors, kitchens, and baths
  • Heating system: hot water (heating); roof and heating systems replaced during the renovation
  • Building features public water and public sewer connections

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $54.2k $22.20
− Vacancy −$3.0k −$1.22
EGI $51.2k $20.98
− OpEx −$15.4k −$6.29
NOI $35.8k $14.68
2,440 SF · lease $22.20/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$511.8K
$447.9K – $597.1K (±1% cap)
NOI $35,828 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$470.3K
$411.5K – $548.7K (±1% cap)
NOI $32,919 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$727.3K
$636.4K – $848.5K (±1% cap)
NOI $50,911 @ 7.0% cap · market cap 10.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency (Bike/Boat/Book/etc) Store Furniture & Home Goods Skin Care Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Acupuncture Storage Facility Veterinary Clinic Home Appliance Store

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

FAQs

What type of property is this?
Triplex - Triplex offers one 2nd-floor 3-bedroom unit plus two smaller 1st-floor luxury apartments, fully renovated throughout.
Where is this triplex located?
The property is located at 24 Bond Street Hartford, CT.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: Renovated from the studs with new plumbing, electric, windows, insulation, sheetrock, ceilings, floors, kitchens, and baths; Heating system: hot water (heating); roof and heating systems replaced during the renovation; Building features public water and public sewer connections
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