Two-Unit Duplex with
For Sale
$600,000
217-219 , Wethersfield, CT 06109
Each residence has three bedrooms, with a private yard and fenced outdoor areas serving the property.
Property Size2,366 SF
Price / SF$253.59
Days on Market8
Property Features for 217-219
General Information
Standard status
Active
Size
2,366 SF
Property subtype
2 Family
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Amenities
private yard
garage
fenced yard
Building Details
Year Built
1960
Buildings
1
Listing Agency:
New Haus Group LLC
(860) 505-8796
Listed By:
Ingrid Polanco · License #RES.0809682
(860) 840-9236
Source:
Lockandkeyre
Added: Sep 28
Changed: Oct 4
Last Checked: Oct 4 at 9:40AM
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 New Haus Group LLC
Investment Insights
Based on property information with market context.
Built in 1960, this duplex contains two separate residences with three bedrooms in each unit. The property totals 2,366 square feet and includes a two-car garage, a large private yard, and fencing around both the front and rear areas. Heating is currently oil-fired; conversion to gas is possible.
The property is located at 217-219 Middletown Avenue in Wethersfield, Connecticut. Its two-unit configuration and separate three-bedroom layouts provide distinct residential spaces within one building.
The property is located at 217-219 Middletown Avenue in Wethersfield, Connecticut. Its two-unit configuration and separate three-bedroom layouts provide distinct residential spaces within one building.
Key Highlights
- Two separate units, each with 3 bedrooms
- 2,366 square feet of building area
- Built in 1960
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,742
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$694,840
$694.8K
Cap Rate 7%
$496,314
$496.3K
Cap Rate 9%
$386,022
$386.0K
Market Conditions
NOI Build-Up for 2,366 SF
Gross rent
$52.5K $22.20/SF
− Vacancy
−$2.9K −$1.22/SF
EGI
$49.6K $20.98/SF
− OpEx
−$14.9K −$6.29/SF
NOI
$34.7K $14.68/SF
Area
Hartford, CT
Vacancy
5.51%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$694,840
Cap Rate 7%
$496,314
Cap Rate 9%
$386,022
Alternative Uses
Best Use
Multifamily LT 5
$496.3K
$434.3K – $579.0K
NOI $34,742 @ 7.0% cap · market cap 5.79%
Second Best
Apartment 5plus
$456.0K
$399.0K – $532.0K
NOI $31,920 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$705.2K
$617.1K – $822.8K
NOI $49,367 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
203
Businesses Nearby
Explore this area
Business Placement
Demographics for 06109, CT
27,298
Population
11,833
Households
2.3
Avg Household Size
44
Median Age
54%
College-Educated
95%
High-School Grad
12.3 sq mi
ZIP Area
2,219
Density / Sq Mi
$118,523
Median Household Income
$70,225
Median Earnings
$1,303
Median Rent
$300,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, with a private yard and fenced outdoor areas serving the property.
Where is this duplex located?
The property is located at 217-219 Wethersfield, CT.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two separate units, each with 3 bedrooms; 2,366 square feet of building area; Built in 1960
