Triplex with Four-Car
New
For Sale
$550,000
28 Nesbit, West Hartford, CT 06119
Three self-contained apartments have separate building systems, hardwood floors, and on-site coin-operated laundry.
Property Size1,917 SF
Price / SF$158.09
Days on Market5
Property Features for 28 Nesbit
General Information
Standard status
Active
Size
1,917 SF
Total Parking Spaces
4
Property subtype
3 Family
Lease Term
Listing ID: 24151238, Standard Status: Active, MLS Status: Active, Property Subtype: 3 Family
Additional Details
Utilities to Site
Yes
Multifamily Units
3
Amenities
on-site coin operated washer & dryer
hardwood floors
Building Details
Building Size
1,917 SF
Year Built
1917
Buildings
1
Listing Agency:
Rockoff Realty
(860) 882-9598
Listed By:
Tracy Wagner · License #RES.0765338
(860) 748-6258
Source:
Iverty
Added: Oct 9
Changed: Oct 11
Last Checked: Oct 12 at 7:50PM
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 Rockoff Realty
Investment Insights
Based on property information with market context.
This 1917 triplex contains three apartments, each with a separate furnace, hot water heater, electrical panel, and natural gas meter. Hardwood floors run throughout the units. The property also includes a large four-car garage/barn, on-site coin-operated washer and dryer, and ample parking. Public water and sewer serve the building.
The property is on Nesbit in West Hartford, between West Hartford Center and the town’s historic section. AC Petersen Farms is visible from the driveway, and restaurants and coffee shops on Park Road are within walking distance. The apartments are currently rented.
The property is on Nesbit in West Hartford, between West Hartford Center and the town’s historic section. AC Petersen Farms is visible from the driveway, and restaurants and coffee shops on Park Road are within walking distance. The apartments are currently rented.
Key Highlights
- Three apartments, each with a separate furnace, hot water heater, electrical panel, and natural gas meter
- 3,479‑square‑foot triplex built in 1917
- Large four‑car garage/barn and ample on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,936
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$938,720
$938.7K
Cap Rate 7%
$670,514
$670.5K
Cap Rate 9%
$521,511
$521.5K
Market Conditions
NOI Build-Up for 3,479 SF
Gross rent
$90.6K $26.04/SF
− Vacancy
−$5.3K −$1.51/SF
EGI
$85.3K $24.53/SF
− OpEx
−$38.4K −$11.04/SF
NOI
$46.9K $13.49/SF
Area
Hartford, CT
Vacancy
5.80%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$938,720
Cap Rate 7%
$670,514
Cap Rate 9%
$521,511
Alternative Uses
Best Use
Multifamily LT 5
$729.8K
$638.6K – $851.4K
NOI $51,085 @ 7.0% cap · market cap 9.29%
Second Best
Apartment 5plus
$670.5K
$586.7K – $782.3K
NOI $46,936 @ 7.0% cap · market cap 8.53%
Theoretical Best
Office A
$1.04M
$907.4K – $1.21M
NOI $72,589 @ 7.0% cap · market cap 13.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
844
Businesses Nearby
Explore this area
Business Placement
Demographics for 06119, CT
14,843
Population
7,206
Households
2.1
Avg Household Size
37
Median Age
68%
College-Educated
95%
High-School Grad
2.1 sq mi
ZIP Area
7,068
Density / Sq Mi
$105,522
Median Household Income
$63,122
Median Earnings
$1,646
Median Rent
$361,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three self-contained apartments have separate building systems, hardwood floors, and on-site coin-operated laundry.
Where is this triplex located?
The property is located at 28 Nesbit West Hartford, CT.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three apartments, each with a separate furnace, hot water heater, electrical panel, and natural gas meter; 3,479‑square‑foot triplex built in 1917; Large four‑car garage/barn and ample on‑site parking
