New Construction
For Sale
$650,000
12-14 Belden Street, Hartford, CT 06120
Multi-Family For Sale, 3updown - Unit(s) per Floor, Hartford, CT
Property Size3,500 SF
Lot Size0.10 Acres
Price / SF$185.71
Days on Market15
Property Features for 12-14 Belden Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
Per Town
Bedrooms
9
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 6, Bathroom 4, Bedroom 3, Bedroom 8, Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 2, Bedroom 4, Bedroom 7, Bathroom 6, Bedroom 9, Bedroom 5, Bathroom 2, Bedroom 1
Lot features
City Views
Elementary school
Per Board of Ed
High school
Per Board of Ed
Directions
Main St to Belden ST
Standard status
Active
Size
3,500 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
343
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Architectural style
Other
Listing Agency:
Better Homes and Gardens Real Estate Executive Real Estate
(860) 633-8800
Listed By:
Daniel Alvarado
(860) 593-6635
Added: Oct 11
Changed: Oct 25
Last Checked: Oct 25 at 7:06AM
MLS# 24213656
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.
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Investment Insights
Based on property information with market context.
This 3,500-square-foot triplex is under construction, with a three-bedroom, two-full-bathroom configuration on each floor. The building is listed with a 2026 year built and sits on a 0.1-acre lot.
Heating is provided by a heat pump, and the property includes central air conditioning. Public water and public sewer serve the site; zoning is identified as per town.
Heating is provided by a heat pump, and the property includes central air conditioning. Public water and public sewer serve the site; zoning is identified as per town.
Key Highlights
- Three‑bedroom, two‑full‑bathroom layout on each floor
- 3,500 square feet across three units
- Under construction; year built listed as 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,393
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,027,860
$1.0M
Cap Rate 7%
$734,186
$734.2K
Cap Rate 9%
$571,033
$571.0K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$77.7K $22.20/SF
− Vacancy
−$4.3K −$1.22/SF
EGI
$73.4K $20.98/SF
− OpEx
−$22.0K −$6.29/SF
NOI
$51.4K $14.68/SF
Area
Hartford, CT
Vacancy
5.51%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,027,860
Cap Rate 7%
$734,186
Cap Rate 9%
$571,033
Alternative Uses
Best Use
Multifamily LT 5
$734.2K
$642.4K – $856.6K
NOI $51,393 @ 7.0% cap · market cap 7.91%
Second Best
Apartment 5plus
$674.6K
$590.3K – $787.0K
NOI $47,220 @ 7.0% cap · market cap 7.26%
Theoretical Best
Office A
$1.04M
$912.9K – $1.22M
NOI $73,028 @ 7.0% cap · market cap 11.24%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Each floor is planned with three bedrooms and two full bathrooms.
Where is this triplex located?
The property is located at 12-14 Belden Street 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: Three‑bedroom, two‑full‑bathroom layout on each floor; 3,500 square feet across three units; Under construction; year built listed as 2026
