Turnkey Duplex with Private
19-21 Mill St Wethersfield, CT 06109
19-21 Mill St, Wethersfield, CT, 06109
$641,111
For Sale
$641,111
Turnkey 1964 duplex with a fully remodeled vacant unit, private decks, three bedrooms per unit, and substantial capital upgrades.
Property Size2,156 SF
Price / SF$297.36
Days on Market87
Property Features for 19-21 Mill St
General Information
- Standard status
- Active
- Size
- 2,156 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1964
Listing agency
Century 21 Allpoints Realty Southington
(860) 508-2102
Listed by
Lisa Cozzi · License #REB.0789668
(860) 508-2102
Source
Elliman
Added: Apr 28 Updated: Jul 22 at 8:54PM Checked: Jul 22 at 8:54PM
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 Southington
Investment Insights
Based on property information with market context.
This extensively improved, turnkey duplex offers 2,156 square feet above grade plus an additional 1,000 square feet of finished basement space. The property is configured as two separate units, each with a spacious mirrored layout featuring three bedrooms, two bathrooms, eat-in kitchens, and comfortable living areas. The currently vacant unit has been remodeled from top to bottom, including a new kitchen with updated cabinetry and countertops, fully renovated bathrooms, refinished floors, new doors and trim, modern lighting, and energy-efficient windows. The occupied unit is described as currently rented and maintained in clean, pristine condition. Both units include private decks.
The duplex was built in 1964 and has been thoughtfully revitalized with major capital improvements that include updated electrical with LED lighting, replacement baseboard heating, new windows, and two brand-new driveways, along with a new walkway and an inviting front entrance. BikeScore is 31 (Somewhat Bikeable) and walkScore is 53 (Somewhat Walkable).
Recent upgrades and a remodeled vacant unit support immediate occupancy options for an owner-occupant or continued income potential for an investor.
The duplex was built in 1964 and has been thoughtfully revitalized with major capital improvements that include updated electrical with LED lighting, replacement baseboard heating, new windows, and two brand-new driveways, along with a new walkway and an inviting front entrance. BikeScore is 31 (Somewhat Bikeable) and walkScore is 53 (Somewhat Walkable).
Recent upgrades and a remodeled vacant unit support immediate occupancy options for an owner-occupant or continued income potential for an investor.
Key Highlights
- 1964 duplex with 2,156 SF above grade plus 1,000 SF finished basement space
- 2 units with 3 bedrooms and 2 bathrooms each, including eat‑in kitchens and comfortable living areas
- Vacant unit fully remodeled top to bottom with a new kitchen, renovated bathrooms, refinished floors, and modern lighting
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 | $47.9k | $22.20 |
| − Vacancy | −$2.6k | −$1.22 |
| EGI | $45.2k | $20.98 |
| − OpEx | −$13.6k | −$6.29 |
| NOI | $31.7k | $14.68 |
2,156 SF · lease $22.20/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$452.3K
$395.7K – $527.6K
NOI $31,658 @ 7.0% cap · market cap 4.94%
Second Best
Apartment 5plus
$415.5K
$363.6K – $484.8K
NOI $29,087 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$642.6K
$562.3K – $749.8K
NOI $44,985 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Turnkey 1964 duplex with a fully remodeled vacant unit, private decks, three bedrooms per unit, and substantial capital upgrades.
Where is this duplex located?
The property is located at 19-21 Mill St Wethersfield, CT.
What is the asking price?
The asking price for this property is $641,111.
What are key features of this property?
This property features: 1964 duplex with 2,156 SF above grade plus 1,000 SF finished basement space; 2 units with 3 bedrooms and 2 bathrooms each, including eat‑in kitchens and comfortable living areas; Vacant unit fully remodeled top to bottom with a new kitchen, renovated bathrooms, refinished floors, and modern lighting
