Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    71 Williams St Hartford, CT 06120

    Sponsored
    For Sale
    $649,900

    MULTI_FAMILY - Hartford, CT

    Property size:
    6,268 SF
    Lot size:
    0.29 Acres
    Days on Market:
    17
    Last Refresh:
    Feb 27 at 1:06 am

    Property Features for 71 Williams St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    NX-1
    Rooms
    Bathroom 10, Bedroom 12, Bathroom 1, Bathroom 7, Bedroom 9, Bedroom 4, Bedroom 11, Bathroom 9, Bedroom 5, Bedroom 14, Bathroom 5, Bathroom 2, Bedroom 16, Bedroom 15, Bedroom 3, Bedroom 6, Bedroom 13, Bedroom 2, Bathroom 11, Bedroom 8, Bedroom 7, Basement, Bedroom 10, Bathroom 3, Bathroom 6, Bathroom 4, Bathroom 8, Bedroom 1, Bathroom 12
    Bedrooms
    16
    Bathrooms
    12
    Basement
    Full
    Size
    6,268 SF
    Lot size
    0.29 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Other (Heating), Baseboard
    Cooling system
    Window Unit(s), Zoned
    Water source
    Public

    Building Details

    Year built
    1991

    We can help!

    Listing Contact
    Patrick Juvencio

    Precision Realty Group (860) 808-2000

    Listing agent Patrick Juvencio (860) 808-2000

    Listing date Feb 11, 2026

    MLS# 24140438

    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.

    Learn more

    Property Insight Report

    Overview

    Hartford Multifamily Townhouse-Style Residence

    This four-unit townhouse-style multifamily residence offers a potential value-add opportunity to convert back into an eight-unit property. Each unit features 4 bedrooms and 2.5 baths across three levels, including a basement, main level, and second floor. This townhouse-style layout separates all units, providing tenants with their own space and eliminating common areas. A new driveway was installed in 2022. The property includes ample off-street parking with 8 parking spots, with the possibility of even more. All utilities are separated. The property is currently managed by Evolution Property Management. Residents benefit from convenient access to local amenities, public transportation, and a police station located on the same street. The property size is 6268 square feet and sits on a 0.29-acre lot. The zoning is NX-1. It is located in Hartford, CT.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tha Chattah box Restaurant

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Law Firm Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.683167
    Latitude
    41.775822

    Nearby Similar for Sale

    • $999,999
      Pending

      Newington Commercial Building For Sale

      Commercial building in accessible industrial park suitable for various uses.
      28 Costello Pl, Newington, CT 06111
      View Details
    • $550,000
      3,336 SF

      Renovated Multifamily Home with Income

      Renovated two-family home with income potential in Wethersfield, CT.
      219 Jordan Ln, Wethersfield, CT 06109
      View Details
    • $675,000
      Pending

      Hartford Multifamily Investment Opportunity

      Six-family property in Hartford, Connecticut, ideal for investment.
      50 York St, Hartford, CT 06106
      View Details
    • New
      $330,000
      Pending

      Well-Maintained Hartford Two-Family Home

      Two-family home in Hartford, great for owners or investors.
      147 Enfield St, Hartford, CT 06112
      View Details
    • New
      $350,000
      Pending

      Hartford Three-Family Investment Opportunity

      Well-maintained three-family property in Hartford's Parkville neighborhood.
      22 Dorothy St, Hartford, CT 06106
      View Details
    • $459,900
      6,006 SF

      Spacious Two-Family Home Opportunity

      Large two-family home with over 6,000 sq ft of living.
      35 Burton St, Hartford, CT 06112
      View Details
    • $379,900
      Pending

      West Hartford Two-Family Home

      Two-unit property near West Hartford Center and Blue Back Square.
      536 S Quaker Ln, West Hartford, CT 06110
      View Details
    • $450,000
      3,229 SF

      Hartford Multifamily Investment Opportunity

      Three-unit property in Hartford near shopping and highways.
      520 Prospect Ave, Hartford, CT 06105
      View Details
    • $399,900
      Pending

      East Hartford Multifamily Home

      Two-family home with attic and finished basement, two-car garage.
      816 Burnside Ave, East Hartford, CT 06108
      View Details
    • $549,900
      Pending

      Updated Two-Family West Hartford Property

      Updated two-family property in West Hartford with separate utilities.
      169 Arnoldale Rd, West Hartford, CT 06119
      View Details
    • $399,900
      Pending

      Hartford Three-Family Brick Building

      Well-maintained three-family property with a strong unit mix.
      15 Townley St, Hartford, CT 06105
      View Details
    • $770,000
      5,381 SF

      Mixed-Use Investment Opportunity, Hartford

      Two buildings, six units, commercial and residential income potential.
      763 Park St, Hartford, CT 06106
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four-unit townhouse-style multifamily residence with value-add opportunity.
    Where is this quadplex located?
    The property is located at 71 Williams St Hartford, CT.
    What is the asking price?
    The asking price for this property is $649,900.
    What are key features of this property?
    This property features: - Value-add opportunity: Potential to convert back to original 8-unit configuration.; - Four townhouse-style units, each with 4 bedrooms and 2.5 baths, providing ample space and privacy.; - Separate utilities for each unit, eliminating landlord responsibility for tenant utility costs.
    (860) 808-2000
    Request Owner's contact information
    71 Williams St Hartford, CT 06120
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    71 Williams St
    Hartford, CT 06120
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    71 Williams St Hartford, CT 06120
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Patrick Juvencio
    (860) 808-2000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!