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Hartford Townhouse-Style Multi-Family Property

68-70 Arnold Street Hartford, CT 06106

68-70 Arnold Street, Hartford, CT, 06106
$495,000
Pending
For Sale
$495,000
Pending

MULTI_FAMILY - Hartford, CT

Property Size2,940 SF
Lot Size0.16 Acres
Days on Market69

Property Features for 68-70 Arnold Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
NX-2
Bedrooms
6
Bathrooms
6
Rooms
Bathroom 6, Bathroom 3, Bathroom 1, Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 2, Bathroom 5, Bathroom 4, Bedroom 3
Parking
6
Standard status
Pending
Size
2,940 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
6662

Utilities

Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public

Building Details

Year built
1970
Architectural style
Other
Listing agency Premier Properties of CT
Listed by Jose Palacios
Added: May 16 Updated: Jul 21 at 10:28PM Checked: Jul 23 at 12:06AM
MLS# 24176131

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 is a 3-family property in Hartford featuring a townhouse-style layout. Each unit includes its own finished lower level, contributing to the total square footage of 2940 square feet. The property has been maintained and includes updated kitchens and baths, as well as newer windows. Off-street parking is available for up to 6 vehicles. The property is located near shopping, highways, and public transportation. The 0.16-acre lot is zoned NX-2. The property is suitable for investors or owner-occupants seeking rental potential and a multi-family layout.

Key Highlights

  • Side‑by‑side townhouse‑style 3‑family in Hartford, with a layout different from traditional up‑and‑down multi‑families
  • Each unit has its own finished lower level, with total unit square footage reflecting finished basement space
  • Updated kitchens and baths throughout the property

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 $65.3k $22.20
− Vacancy −$3.6k −$1.22
EGI $61.7k $20.98
− OpEx −$18.5k −$6.29
NOI $43.2k $14.68
2,940 SF · lease $22.20/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$616.7K
$539.6K – $719.5K (±1% cap)
NOI $43,170 @ 7.0% cap · market cap 8.72%
Second Best
Apartment 5plus
$566.6K
$495.8K – $661.1K (±1% cap)
NOI $39,664 @ 7.0% cap · market cap 8.01%
Theoretical Best
Office A
$876.3K
$766.8K – $1.02M (±1% cap)
NOI $61,343 @ 7.0% cap · market cap 12.39%
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 Skin Care Clinic Acupuncture Building Supply Storage Facility Locksmith Gym & Fitness Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Travel Agency

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

FAQs

What type of property is this?
Triplex - Rare townhouse-style 3-family in Hartford with finished lower levels.
Where is this triplex located?
The property is located at 68-70 Arnold Street Hartford, CT.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Side‑by‑side townhouse‑style 3‑family in Hartford, with a layout different from traditional up‑and‑down multi‑families; Each unit has its own finished lower level, with total unit square footage reflecting finished basement space; Updated kitchens and baths throughout the property
Contact an agent
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