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Remodeled Two-Family Residence

22 Burton Street Hartford, CT 06112

22 Burton Street, Hartford, CT, 06112
$589,900
For Sale
$589,900

Remodeled two-family home with separate-floor layouts, each featuring four bedrooms, a large kitchen and living room.

Property Size3,194 SF
Price / SF$184.69
Days on Market49

Property Features for 22 Burton Street

General Information

Standard status
Active
Size
3,194 SF
Property subtype
2 Family

Building Details

Year Built
1910
Listing agency KDR Real Estate LLC
Listed by Lucy Biondi
Source Lockandkeyre
Added: Jun 3 Updated: Jul 21 at 5:09PM Checked: Jul 21 at 5:09PM

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 KDR Real Estate LLC


Investment Insights

Based on property information with market context.

This remodeled two-family residence offers spacious, separate-floor living with a total of 12 bedrooms and 3 bathrooms. Each unit includes four generously sized bedrooms along with a large kitchen and living room, and both levels feature a fireplace.

The property is presented as an opportunity for both investors and owner-occupants, with updated interior finishes and a refreshed overall condition.

Units are arranged on separate floors, supporting independent day-to-day living while preserving the home’s unified structure.

Key Highlights

  • 1910‑built remodeled two‑family home with separate‑floor layouts
  • 12 bedrooms and 3 baths total across both units
  • Each unit features four bedrooms, a large kitchen, and a living room

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 $70.9k $22.20
− Vacancy −$3.9k −$1.22
EGI $67.0k $20.98
− OpEx −$20.1k −$6.29
NOI $46.9k $14.68
3,194 SF · lease $22.20/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$670.0K
$586.3K – $781.7K (±1% cap)
NOI $46,900 @ 7.0% cap · market cap 7.95%
Second Best
Apartment 5plus
$615.6K
$538.6K – $718.2K (±1% cap)
NOI $43,091 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$952.0K
$833.0K – $1.11M (±1% cap)
NOI $66,643 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring Store Spa & Massage Center (Bike/Boat/Book/etc) Store Travel Agency (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Remodeled two-family home with separate-floor layouts, each featuring four bedrooms, a large kitchen and living room.
Where is this duplex located?
The property is located at 22 Burton Street Hartford, CT.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: 1910‑built remodeled two‑family home with separate‑floor layouts; 12 bedrooms and 3 baths total across both units; Each unit features four bedrooms, a large kitchen, and a living room
Contact an agent
More about this property
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