Three-Unit Residential Income
19-21 Warner Street Hartford, CT 06114
For Sale
$380,000
Well-maintained three-family building with two 2-bedroom units, one 1-bedroom unit, and a finished basement.
Property Size2,375 SF
Price / SF$160
Days on Market13
Property Features for 19-21 Warner Street
General Information
Standard status
Active
Size
2,375 SF
Property subtype
3 Family
Building Details
Year Built
1900
Listing Agency:
Berkshire Hathaway NE Prop.
(860) 983-0748
Listed By:
Tony Buccheri · License #RES.0769048
(860) 983-0748
Source:
Iverty
Added: Jul 17
Changed: Jul 26
Last Checked: Jul 29 at 5:38AM
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 Berkshire Hathaway NE Prop.
Investment Insights
Based on property information with market context.
This well-maintained three-family residential income property includes two spacious 2-bedroom units and a third-floor 1-bedroom unit. A finished basement adds additional usable space, and the building is serviced by gas utilities with solar panels. Off-street parking is available, providing convenient access for tenants and guests.
The property is situated on a quiet dead-end street in Hartford’s South End, with access to shopping, restaurants, parks, public transportation, and major highways nearby.
Each unit configuration is designed around the mix of two 2-bedroom homes and one 1-bedroom home, supported by the building’s finished basement and parking amenities.
The property is situated on a quiet dead-end street in Hartford’s South End, with access to shopping, restaurants, parks, public transportation, and major highways nearby.
Each unit configuration is designed around the mix of two 2-bedroom homes and one 1-bedroom home, supported by the building’s finished basement and parking amenities.
Key Highlights
- Well‑maintained 3‑family building built in 1900
- Unit mix: two 2‑bedroom units plus one 1‑bedroom unit
- Finished basement adds additional usable space
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 | $52.7k | $22.20 |
| − Vacancy | −$2.9k | −$1.22 |
| EGI | $49.8k | $20.98 |
| − OpEx | −$14.9k | −$6.29 |
| NOI | $34.9k | $14.68 |
2,375 SF · lease $22.20/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$498.2K
$435.9K – $581.2K
NOI $34,874 @ 7.0% cap · market cap 9.18%
Second Best
Apartment 5plus
$457.7K
$400.5K – $534.0K
NOI $32,042 @ 7.0% cap · market cap 8.43%
Theoretical Best
Office A
$707.9K
$619.4K – $825.9K
NOI $49,554 @ 7.0% cap · market cap 13.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained three-family building with two 2-bedroom units, one 1-bedroom unit, and a finished basement.
Where is this triplex located?
The property is located at 19-21 Warner Street Hartford, CT.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Well‑maintained 3‑family building built in 1900; Unit mix: two 2‑bedroom units plus one 1‑bedroom unit; Finished basement adds additional usable space
