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    71 Franklin Ave Hartford, CT 06114

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    For Sale
    $409,000

    Three-unit building with separate utilities, convenient location, and ample parking.

    Lot size:
    0.16 Acres

    Property Features for 71 Franklin Ave

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1900

    Source: Marino Realty LLC Agent Brian C Johnson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Rented Three-Unit Building

    This fully rented three-unit building presents an investment opportunity or potential for owner occupancy. The property features hardwood floors and original woodwork. Each unit includes an eat-in kitchen, and the building has separate utilities with gas for heat and hot water. Three new hot water tanks were installed last year. The property includes an expansive backyard and off-street parking for tenants. It is situated in a location near hospitals, bus lines, and parks.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6777807
    Latitude
    41.7499736

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    FAQs

    What type of property is this?
    Triplex - Three-unit building with separate utilities, convenient location, and ample parking.
    Where is this triplex located?
    The property is located at 71 Franklin Ave Hartford, CT.
    What is the asking price?
    The asking price for this property is $409,000.
    What are key features of this property?
    This property features: - Fully rented 3-unit building ideal for investment or owner-occupancy.; - Separate utilities for each unit.; - Expansive backyard with ample off-street parking.
    (860) 944-0623
    Request Owner's contact information
    71 Franklin Ave Hartford, CT 06114
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    Hartford, CT 06114
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    Realmo Value Estimation

    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.

    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.

    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 Franklin Ave Hartford, CT 06114
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