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Renovated Triplex Income Property

24 Bond Street Hartford, CT 06114

Claim this Listing
New
For Sale
$469,900

MULTI_FAMILY - Hartford, CT

Property size:
2,440 SF
Lot size:
0.11 Acres
Price / SF:
$192.58/SF
Added:
Jul 11, 2026
Days on Market:
4
Last Refresh:
Jul 14 at 11:06 am

Property Features for 24 Bond Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
NX-2
Bedrooms
5
Bathrooms
4
Rooms
Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 4, Bedroom 1, Basement, Bedroom 4
Parking
4
Exterior features
Sidewalk,Garden Area
Basement
Full, Unfinished
Standard status
Active
Size
2,440 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
4472

Utilities

Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Water source
Public

Building Details

Year built
1920
Architectural style
Other

Listing agent Tony Marques

Listing office Golden Rule Realty 164 Newington Rd., West Hartford, CT

Listing date Jul 11, 2026

MLS# 24189844 Listing URL

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This renovated triplex has been substantially rebuilt from the ground up, with new plumbing, electrical, windows, insulation, sheetrock, ceilings, baths, kitchens, flooring, heating systems, and a new roof. The property includes one larger unit on the 2nd floor with three bedrooms and two baths, along with two smaller apartments on the 1st floor.

The building is located at 24 Bond Street in Hartford, CT 06114. Zoning is listed as NX-2, supporting residential income use.

With a multi-unit layout spread across the 1st and 2nd floors, the property offers an owner-occupant configuration alongside rental income from the two smaller first-floor apartments.

Key Highlights

  • Extensive renovation: new plumbing, electric, windows, insulation, sheetrock, baths, kitchens, floors, heating systems, and roof
  • Two‑story layout with 1 large 2nd‑floor unit plus 2 small 1st‑floor apartments
  • 2nd‑floor unit features 3 bedrooms and 2 baths

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 $54.2k $22.20
− Vacancy −$3.0k −$1.22
EGI $51.2k $20.98
− OpEx −$15.4k −$6.29
NOI $35.8k $14.68
2,440 SF · lease $22.20/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$511.8K
$447.9K – $597.1K (±1% cap)
NOI $35,828 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$470.3K
$411.5K – $548.7K (±1% cap)
NOI $32,919 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$727.3K
$636.4K – $848.5K (±1% cap)
NOI $50,911 @ 7.0% cap · market cap 10.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency (Bike/Boat/Book/etc) Store Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Acupuncture Veterinary Clinic Pet Grooming Service Home Appliance Store Storage Facility

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

FAQs

What type of property is this?
Triplex - Turnkey triplex features fully renovated systems and three separate apartments with distinct bedroom and bath layouts.
Where is this triplex located?
The property is located at 24 Bond Street Hartford, CT.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: Extensive renovation: new plumbing, electric, windows, insulation, sheetrock, baths, kitchens, floors, heating systems, and roof; Two‑story layout with 1 large 2nd‑floor unit plus 2 small 1st‑floor apartments; 2nd‑floor unit features 3 bedrooms and 2 baths
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More about this property
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