Two-Family Residential Income
23-25 Warner Street Hartford, CT 06114
23-25 Warner Street, Hartford, CT, 06114
$350,000
For Sale
$350,000
Well-maintained two-family home with spacious units, off-street parking, and a walk-up attic.
Property Size2,268 SF
Price / SF$154.32
Days on Market64
Property Features for 23-25 Warner Street
General Information
- Standard status
- Active
- Size
- 2,268 SF
- Property subtype
- Multi-Family / 2 Family
Building Details
- Year Built
- 1895
Listing agency
eRealty Advisors, Inc.
(203) 400-9924
Listed by
Edgar Ramirez · License #RES.0817422
(203) 400-9924
Source
Compass
Added: May 20 Updated: Jul 21 at 11:55AM Checked: Jul 21 at 11:55AM
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 eRealty Advisors, Inc.
Investment Insights
Based on property information with market context.
This well-maintained two-family home offers two spacious units with updated mechanical systems. The property also includes off-street parking and a walk-up attic that provides additional living potential.
Located near schools, shopping, highways, and Hartford Hospital, the home provides convenient access to everyday amenities and major destinations.
Configured as a duplex with interior living space across both units, this property is positioned for either owner-occupancy or rental use.
Located near schools, shopping, highways, and Hartford Hospital, the home provides convenient access to everyday amenities and major destinations.
Configured as a duplex with interior living space across both units, this property is positioned for either owner-occupancy or rental use.
Key Highlights
- Well‑maintained 2‑family home built in 1895
- 11 total rooms with two spacious units
- Finished, walk‑up attic with additional living potential
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 | $59.1k | $26.04 |
| − Vacancy | −$3.4k | −$1.51 |
| EGI | $55.6k | $24.53 |
| − OpEx | −$25.0k | −$11.04 |
| NOI | $30.6k | $13.49 |
2,268 SF · lease $26.04/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$475.8K
$416.3K – $555.1K
NOI $33,303 @ 7.0% cap · market cap 9.52%
Second Best
Apartment 5plus
$437.1K
$382.5K – $510.0K
NOI $30,598 @ 7.0% cap · market cap 8.74%
Theoretical Best
Office A
$676.0K
$591.5K – $788.7K
NOI $47,322 @ 7.0% cap · market cap 13.52%
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 - Well-maintained two-family home with spacious units, off-street parking, and a walk-up attic.
Where is this duplex located?
The property is located at 23-25 Warner Street Hartford, CT.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Well‑maintained 2‑family home built in 1895; 11 total rooms with two spacious units; Finished, walk‑up attic with additional living potential
