Three-Unit Residential Income
176 Brewer Street East Hartford, CT 06118
176 Brewer Street, East Hartford, CT, 06118
$525,000
Pending
For Sale
$525,000
Pending
Three-unit multifamily with 1-, 2-, and 3-bedroom apartments, vinyl replacement windows, and updated electrical panels.
Property Size2,840 SF
Days on Market42
Property Features for 176 Brewer Street
General Information
- Standard status
- Pending
- Size
- 2,840 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1840
Listing Agency
CENTURY 21 AllPoints Realty
(860) 604-2763
Listed by
Theresa Paciga
(860) 604-2763
Source
Lockandkeyre
Added: Jun 7 Checked: Jul 17 at 6:02 am
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 CENTURY 21 AllPoints Realty
Investment Insights
Based on property information with market context.
This well-maintained three-family property offers a versatile unit mix of one-, two-, and three-bedroom apartments. Each unit includes generously sized bedrooms and comfortable living spaces, along with vinyl replacement windows. Two of the units feature washer and dryer hookups, while the third unit is set up with a portable washer and a solar dryer in the yard. Updates include refreshed electrical breaker panels, supporting day-to-day reliability. The property sits on an oversized lot and includes a one-car detached garage, a separate outbuilding, two driveways, and ample off-street parking.
Located on Brewer Street in East Hartford, the property is positioned near major local employers and amenities, including Pratt & Whitney and Rentschler Field, as well as parks, shopping, dining, and public transportation. It also has convenient access to I-84, I-91, and Route 2, with Hartford nearby.
The building is currently fully occupied by long-term tenants who prefer to remain and are responsible for their own utilities. Units have been maintained with ongoing care and practical in-unit laundry options, which can support tenant satisfaction and operational continuity for an owner-occupant or investor.
Located on Brewer Street in East Hartford, the property is positioned near major local employers and amenities, including Pratt & Whitney and Rentschler Field, as well as parks, shopping, dining, and public transportation. It also has convenient access to I-84, I-91, and Route 2, with Hartford nearby.
The building is currently fully occupied by long-term tenants who prefer to remain and are responsible for their own utilities. Units have been maintained with ongoing care and practical in-unit laundry options, which can support tenant satisfaction and operational continuity for an owner-occupant or investor.
Key Highlights
- Well‑maintained 3‑family built in 1840 with a unit mix of 1‑bedroom, 2‑bedroom, and 3‑bedroom apartments
- Vinyl replacement windows throughout the units
- Updated electrical breaker panels (major improvements)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.0k | $22.20 |
| − Vacancy | −$3.5k | −$1.22 |
| EGI | $59.6k | $20.98 |
| − OpEx | −$17.9k | −$6.29 |
| NOI | $41.7k | $14.68 |
2,840 SF · lease $22.20/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$595.7K
$521.3K – $695.0K
NOI $41,702 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$547.4K
$478.9K – $638.6K
NOI $38,315 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$846.5K
$740.7K – $987.6K
NOI $59,257 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit multifamily with 1-, 2-, and 3-bedroom apartments, vinyl replacement windows, and updated electrical panels.
Where is this triplex located?
The property is located at 176 Brewer Street East Hartford, CT.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Well‑maintained 3‑family built in 1840 with a unit mix of 1‑bedroom, 2‑bedroom, and 3‑bedroom apartments; Vinyl replacement windows throughout the units; Updated electrical breaker panels (major improvements)
