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Residential Triplex with Attic Unit

21-23 Hebron Street Hartford, CT 06112

21-23 Hebron Street, Hartford, CT, 06112
$449,000
For Sale
$449,000

Three-family property features two-bedroom apartments, including an attic apartment, with natural gas heat and vinyl siding.

Property Size3,062 SF
Price / SF$146.64
Days on Market77

Property Features for 21-23 Hebron Street

General Information

Standard status
Active
Size
3,062 SF
Property subtype
3 Family

Building Details

Year Built
1920
Listing agency Cornerstone Homes Plus, Inc.
Listed by Raymond Malcolm · License #REB.0792212
Source Lockandkeyre
Added: May 6 Updated: Jul 21 at 3:29PM Checked: Jul 21 at 3:29PM

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 Cornerstone Homes Plus, Inc.


Investment Insights

Based on property information with market context.

This three-family residential property includes two-bedroom units and an additional attic apartment. The building is heated with a natural gas system and features vinyl siding, with electrical circuit breakers noted on site. A large back yard provides outdoor space for residents.

The property is offered for sale and is described as suitable for owner-occupied living while also working as a residential income investment. Financing support is referenced in the remarks.

As presented, the configuration includes three separate apartment units, supporting straightforward multi-unit occupancy within one building.

Key Highlights

  • Three‑family property built in 1920
  • Two‑bedroom apartments, including an attic apartment
  • Natural gas heating system

Local Financial Insights For Apartment 5plus

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 $79.7k $26.04
− Vacancy −$4.6k −$1.51
EGI $75.1k $24.53
− OpEx −$33.8k −$11.04
NOI $41.3k $13.49
3,062 SF · lease $26.04/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$642.3K
$562.0K – $749.4K (±1% cap)
NOI $44,962 @ 7.0% cap · market cap 10.01%
Second Best
Apartment 5plus
$590.1K
$516.4K – $688.5K (±1% cap)
NOI $41,310 @ 7.0% cap · market cap 9.20%
Theoretical Best
Office A
$912.7K
$798.6K – $1.06M (±1% cap)
NOI $63,889 @ 7.0% cap · market cap 14.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Kitchen & Bath Showroom Hair Salon Nail Salon (Bike/Boat/Book/etc) Store Skin Care Clinic Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three-family property features two-bedroom apartments, including an attic apartment, with natural gas heat and vinyl siding.
Where is this triplex located?
The property is located at 21-23 Hebron Street Hartford, CT.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Three‑family property built in 1920; Two‑bedroom apartments, including an attic apartment; Natural gas heating system
Contact an agent
More about this property
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