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    242 Main St East Hartford, CT 06118

    For Sale
    $290,000

    Three units with mixed heating systems, one unit vacant.

    Lot size:
    0.20 Acres

    Property Features for 242 Main St

    General Information

    Lot size
    0.20 Acres

    Building Details

    Year built
    1830

    Source: Arute Realty Group LLC Agent Robert Arute

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

    Overview

    Three-Unit Multifamily Property Available

    This property features a three-unit multifamily building. Two units are heated by baseboard hot water, utilizing one natural gas boiler. The third unit is equipped with natural gas forced hot air. The building has one gas meter and three electric meters. Unit B, located upstairs, is currently vacant. Please note that the adjacent single-family property at 246 Main St is also available for sale. The property is subject to probate court approval.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    East Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6750082
    Latitude
    41.7591307

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    FAQs

    What type of property is this?
    Triplex - Three units with mixed heating systems, one unit vacant.
    Where is this triplex located?
    The property is located at 242 Main St East Hartford, CT.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: - Three units offer income potential.; - **Unit-B is vacant and available for immediate occupancy or rental.**; - Two units have baseboard hot water heat, and one has natural gas forced hot air.
    (860) 810-7673
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    242 Main St East Hartford, CT 06118
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    East Hartford, CT 06118
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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
    242 Main St East Hartford, CT 06118
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