Remodeled Two-Family
20 Mountain Street Hartford, CT 06106
20 Mountain Street, Hartford, CT, 06106
$420,000
For Sale
$420,000
Turnkey two-unit property with extensive permitted renovations, updated systems, and updated exterior improvements.
Property Size2,110 SF
Price / SF$199.05
Days on Market76
Property Features for 20 Mountain Street
General Information
- Standard status
- Active
- Size
- 2,110 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1925
Listing agency
Century 21 Clemens Group
(860) 849-1463
Listed by
Monica Yoder
(860) 849-1463
Source
Lockandkeyre
Added: May 8 Updated: Jul 22 at 11:32AM Checked: Jul 22 at 11:32AM
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 Clemens Group
Investment Insights
Based on property information with market context.
Fully remodeled and move-in ready two-family residence on separate floors, featuring bright, refreshed living spaces with both classic character and modern updates. Documented improvements include updated plumbing and electrical systems, new windows, whole-home insulation, and updated gutters and downspouts. Interior upgrades include refinished hardwood flooring, fresh interior and exterior paint, and renovated kitchens and bathrooms. Exterior work includes new porches decking and hardscaping, and the roof is approximately 10 years old.
Located in the Southwest area of Hartford with convenient access to New Britain Avenue and nearby highway connections. The property is positioned near shopping, dining, parks, and public transportation.
This is a permitted, turnkey multi-family opportunity with substantial capital improvements already completed, offering a practical layout for owner-occupants and investors seeking rental income.
Located in the Southwest area of Hartford with convenient access to New Britain Avenue and nearby highway connections. The property is positioned near shopping, dining, parks, and public transportation.
This is a permitted, turnkey multi-family opportunity with substantial capital improvements already completed, offering a practical layout for owner-occupants and investors seeking rental income.
Key Highlights
- Fully remodeled, move‑in ready 2‑family in Hartford with extensive permitted renovations
- Updated plumbing and electrical systems plus all‑new windows
- Whole‑home insulation, updated gutters and downspouts, and refinished hardwood flooring
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 | $46.8k | $22.20 |
| − Vacancy | −$2.6k | −$1.22 |
| EGI | $44.3k | $20.98 |
| − OpEx | −$13.3k | −$6.29 |
| NOI | $31.0k | $14.68 |
2,110 SF · lease $22.20/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$442.6K
$387.3K – $516.4K
NOI $30,983 @ 7.0% cap · market cap 7.38%
Second Best
Apartment 5plus
$406.7K
$355.8K – $474.5K
NOI $28,467 @ 7.0% cap · market cap 6.78%
Theoretical Best
Office A
$628.9K
$550.3K – $733.8K
NOI $44,025 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey two-unit property with extensive permitted renovations, updated systems, and updated exterior improvements.
Where is this duplex located?
The property is located at 20 Mountain Street Hartford, CT.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Fully remodeled, move‑in ready 2‑family in Hartford with extensive permitted renovations; Updated plumbing and electrical systems plus all‑new windows; Whole‑home insulation, updated gutters and downspouts, and refinished hardwood flooring
