Two-Family Residential Income
27-29 Clark Street East Hartford, CT 06108
27-29 Clark Street, East Hartford, CT, 06108
$280,000
For Sale
$280,000
Two well-maintained units with separate utilities, plus off-street parking and a detached garage.
Property Size1,394 SF
Price / SF$200.86
Days on Market59
Property Features for 27-29 Clark Street
General Information
- Standard status
- Active
- Size
- 1,394 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1890
Listing agency
BHHS Realty Professionals
(413) 355-4670
Listed by
Kenyiria Vargas
(413) 355-4670
Source
Lockandkeyre
Added: May 25 Updated: Jul 21 at 6:19AM Checked: Jul 21 at 6:19AM
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 BHHS Realty Professionals
Investment Insights
Based on property information with market context.
Well-maintained two-family property offering two spacious units with functional layouts and separate utilities. The first-floor unit includes an eat-in kitchen and ample natural light, and the second-floor unit provides flexibility as a rental unit or for multigenerational living.
The property includes a detached garage, off-street parking, and a level yard. It is located in East Hartford with convenient access to shopping, restaurants, parks, schools, public transportation, and major highways for commuting.
The overall configuration supports residential income use while also working as an owner-occupant opportunity with an additional unit.
The property includes a detached garage, off-street parking, and a level yard. It is located in East Hartford with convenient access to shopping, restaurants, parks, schools, public transportation, and major highways for commuting.
The overall configuration supports residential income use while also working as an owner-occupant opportunity with an additional unit.
Key Highlights
- Two‑family property built in 1890 with two well‑maintained units
- Units have separate utilities for independent management and potential billing
- First‑floor unit includes an eat‑in kitchen and ample natural light
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 | $30.9k | $22.20 |
| − Vacancy | −$1.7k | −$1.22 |
| EGI | $29.2k | $20.98 |
| − OpEx | −$8.8k | −$6.29 |
| NOI | $20.5k | $14.68 |
1,394 SF · lease $22.20/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$292.4K
$255.9K – $341.2K
NOI $20,469 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$268.7K
$235.1K – $313.5K
NOI $18,807 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$415.5K
$363.6K – $484.8K
NOI $29,086 @ 7.0% cap · market cap 10.39%
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 - Two well-maintained units with separate utilities, plus off-street parking and a detached garage.
Where is this duplex located?
The property is located at 27-29 Clark Street East Hartford, CT.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Two‑family property built in 1890 with two well‑maintained units; Units have separate utilities for independent management and potential billing; First‑floor unit includes an eat‑in kitchen and ample natural light
