Two-Unit Multifamily
New
For Sale
$650,000
12-14 Belden, Hartford, CT 06120
Newly constructed with three bedrooms and two full bathrooms on each floor.
Property Size2,026 SF
Days on Market3
Property Features for 12-14 Belden
General Information
Standard status
Active
Size
2,026 SF
Property subtype
3 Family
Lease Term
Listing ID: 24213656, Standard Status: Coming Soon, MLS Status: Coming Soon, Property Subtype: 3 Family
Building Details
Building Size
2,026 SF
Year Built
2026
Buildings
1
Listing Agency:
Better Homes and Gardens Real Estate Executive Real Estate
(860) 633-8800
Listed By:
Daniel Alvarado · License #RES.0787079
(888) 610-8078
Source:
Iverty
Added: Oct 11
Changed: Oct 13
Last Checked: Oct 12 at 5:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes and Gardens Real Estate Executive Real Estate
Investment Insights
Based on property information with market context.
Completed in 2026, this newly constructed multifamily property contains 3,500 square feet. Each floor has three bedrooms and two full bathrooms, providing a consistent residential layout throughout the building.
The property is located at 12-14 Belden Street in Hartford, Connecticut.
The property is located at 12-14 Belden Street in Hartford, Connecticut.
Key Highlights
- 3,500 square feet of building area
- Built in 2026
- Each floor features 3 bedrooms and 2 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,333
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,660
$546.7K
Cap Rate 7%
$390,471
$390.5K
Cap Rate 9%
$303,700
$303.7K
Market Conditions
NOI Build-Up for 2,026 SF
Gross rent
$52.8K $26.04/SF
− Vacancy
−$3.1K −$1.51/SF
EGI
$49.7K $24.53/SF
− OpEx
−$22.4K −$11.04/SF
NOI
$27.3K $13.49/SF
Area
Hartford, CT
Vacancy
5.80%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,660
Cap Rate 7%
$390,471
Cap Rate 9%
$303,700
Alternative Uses
Best Use
Apartment 5plus
$390.5K
$341.7K – $455.6K
NOI $27,333 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$603.9K
$528.4K – $704.6K
NOI $42,273 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,455
Businesses Nearby
Explore this area
Business Placement
Demographics for 06120, CT
12,636
Population
5,713
Households
2.2
Avg Household Size
32
Median Age
9%
College-Educated
73%
High-School Grad
3.5 sq mi
ZIP Area
3,610
Density / Sq Mi
$33,521
Median Household Income
$35,570
Median Earnings
$1,183
Median Rent
$183,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Newly constructed with three bedrooms and two full bathrooms on each floor.
Where is this multifamily property located?
The property is located at 12-14 Belden Hartford, CT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 3,500 square feet of building area; Built in 2026; Each floor features 3 bedrooms and 2 full bathrooms
