2-Unit Duplex with Finished
125 Newbury, Hartford, CT 06114
For Sale
$500,000
Both apartments have washer and dryer hookups, and the property is fully occupied by tenants who wish to stay.
Property Size3,112 SF
Price / SF$160.67
Days on Market8
Property Features for 125 Newbury
General Information
Standard status
Size
Property subtype
Occupancy
Property Condition
Severity
Evidence
Additional Details
Public Transit
Multifamily Units
Tenant in Place
Building Details
Year Built
Listing Agency:
AVMER II LLC
Listed By:
Ava Mercurius-Warren · License #REB.0795098
(860) 922-5029
Source:
Lockandkeyre
Added: Oct 31
Changed: Nov 6
Last Checked: Nov 6 at 9:07AM
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 AVMER II LLC
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Investment Insights
Based on property information with market context.
This 1926 duplex contains two family units and totals 3,112 square feet. Finished attic and basement areas add usable interior space, and each unit has washer and dryer hookups. The property needs minor repairs and updates and is being sold in its current condition.
Current tenants occupy both units and wish to remain. The property is near Trinity College, public transportation, parks, and shopping.
Current tenants occupy both units and wish to remain. The property is near Trinity College, public transportation, parks, and shopping.
Key Highlights
- Two‑family duplex totaling 3,112 square feet
- Finished attic and basement
- Washer and dryer hookups in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,696
Cap Rate
9.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$913,920
$913.9K
Cap Rate 7%
$652,800
$652.8K
Cap Rate 9%
$507,733
$507.7K
Market Conditions
NOI Build-Up for 3,112 SF
Gross rent
$69.1K $22.20/SF
− Vacancy
−$3.8K −$1.22/SF
EGI
$65.3K $20.98/SF
− OpEx
−$19.6K −$6.29/SF
NOI
$45.7K $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%
$913,920
Cap Rate 7%
$652,800
Cap Rate 9%
$507,733
Alternative Uses
Best Use
Multifamily LT 5
$652.8K
$571.2K – $761.6K
NOI $45,696 @ 7.0% cap · market cap 9.14%
Second Best
Apartment 5plus
$599.8K
$524.8K – $699.8K
NOI $41,985 @ 7.0% cap · market cap 8.40%
Theoretical Best
Office A
$927.6K
$811.7K – $1.08M
NOI $64,932 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
738
Businesses Nearby
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Business Placement
Demographics for 06114, CT
26,257
Population
11,206
Households
2.3
Avg Household Size
34
Median Age
15%
College-Educated
71%
High-School Grad
4.0 sq mi
ZIP Area
6,564
Density / Sq Mi
$47,905
Median Household Income
$31,996
Median Earnings
$1,296
Median Rent
$228,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Hartford, CT
Properties on Market for Duplexes in Hartford
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both apartments have washer and dryer hookups, and the property is fully occupied by tenants who wish to stay.
Where is this duplex located?
The property is located at 125 Newbury Hartford, CT.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two‑family duplex totaling 3,112 square feet; Finished attic and basement; Washer and dryer hookups in each unit
