Two-Family Income
193-195 Wolcott Hill Road Wethersfield, CT 06109
193-195 Wolcott Hill Road, Wethersfield, CT, 06109
$585,000
For Sale
$585,000
Fully leased duplex with two- and four-bedroom units, a new 2023 roof, and attached two-car garage.
Property Size2,828 SF
Price / SF$206.86
Days on Market78
Property Features for 193-195 Wolcott Hill Road
General Information
- Standard status
- Active
- Size
- 2,828 SF
- Property subtype
- Multi-Family / 2 Family
Building Details
- Year Built
- 1920
Listing agency
Eagle Eye Realty PLLC
(860) 888-2732
Listed by
Matthew Guida · License #REB.0793429
(860) 888-2732
Source
Compass
Added: May 5 Updated: Jul 20 at 7:38PM Checked: Jul 21 at 6:52AM
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 Eagle Eye Realty PLLC
Investment Insights
Based on property information with market context.
This fully leased two-family duplex features two separate residential units. The first-floor unit offers two bedrooms and includes a three-season front porch, in-unit laundry, replacement vinyl windows, and generously sized rooms with high ceilings. The second-floor unit provides four bedrooms, including two attic bedrooms, and includes a 2023-updated kitchen, an updated bathroom, built-ins, and replacement vinyl windows.
The property is centrally located and within walking distance of Charles Wright Elementary School, Silas Deane Middle School, and Wethersfield High School. A new 2023 roof is noted, along with a two-car garage.
Both units are described as replacement-windowed and part of a fully leased income setup, providing a straightforward live-and-invest or investor-focused configuration.
The property is centrally located and within walking distance of Charles Wright Elementary School, Silas Deane Middle School, and Wethersfield High School. A new 2023 roof is noted, along with a two-car garage.
Both units are described as replacement-windowed and part of a fully leased income setup, providing a straightforward live-and-invest or investor-focused configuration.
Key Highlights
- Fully leased two‑family duplex with 1st‑floor 2‑bedroom unit and 2nd‑floor 4‑bedroom unit
- 2023 roof and attached two‑car garage
- 1st‑floor unit rents $1,950/month and includes three‑season front porch, in‑unit laundry, and replacement vinyl windows
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 | $62.8k | $22.20 |
| − Vacancy | −$3.5k | −$1.22 |
| EGI | $59.3k | $20.98 |
| − OpEx | −$17.8k | −$6.29 |
| NOI | $41.5k | $14.68 |
2,828 SF · lease $22.20/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$593.2K
$519.1K – $692.1K
NOI $41,526 @ 7.0% cap · market cap 7.10%
Second Best
Apartment 5plus
$545.0K
$476.9K – $635.9K
NOI $38,153 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$842.9K
$737.6K – $983.4K
NOI $59,006 @ 7.0% cap · market cap 10.09%
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 - Fully leased duplex with two- and four-bedroom units, a new 2023 roof, and attached two-car garage.
Where is this duplex located?
The property is located at 193-195 Wolcott Hill Road Wethersfield, CT.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Fully leased two‑family duplex with 1st‑floor 2‑bedroom unit and 2nd‑floor 4‑bedroom unit; 2023 roof and attached two‑car garage; 1st‑floor unit rents $1,950/month and includes three‑season front porch, in‑unit laundry, and replacement vinyl windows
