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12-Unit Brick Multifamily Building

28 Whitney Street Hartford, CT 06105

28 Whitney Street, Hartford, CT, 06105
$1,320,000
Pending
For Sale
$1,320,000
Pending

Tudor-style 12-unit building with six 1-bedroom and six 2-bedroom units, fully occupied.

Property Size8,784 SF
Days on Market233

Property Features for 28 Whitney Street

General Information

Standard status
Pending
Size
8,784 SF
Property subtype
Multi-Family / 5 Family+

Building Details

Year Built
1924
Listing agency Century 21 AllPoints Realty
Listed by Maddy Ceruti · License #RES.0813001
Source Compass
Added: Dec 1, 2025 Updated: Jul 22 at 10:23AM Checked: Jul 22 at 10:23AM

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 Century 21 AllPoints Realty


Investment Insights

Based on property information with market context.

Tudor-style brick multifamily building consisting of 12 total units: six 1-bedroom/1-bath units and six 2-bedroom/1-bath units. The property is fully occupied and includes owner-paid gas heat and hot water, as well as on-site laundry. Parking is available for rent, and the building has undergone updates within the last 5–7 years.

Located in Hartford’s West End, the property is described as a short walk or bike ride to UConn Law School, with convenient access to Downtown Hartford and major highways for commuting.

Key Highlights

  • Tudor‑style brick 12‑unit multifamily building built in 1924
  • Unit mix: six 1‑bedroom/1‑bath and six 2‑bedroom/1‑bath units
  • Heating: steam heat; cooling provided by window unit(s)

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 $228.7k $26.04
− Vacancy −$13.3k −$1.51
EGI $215.5k $24.53
− OpEx −$97.0k −$11.04
NOI $118.5k $13.49
8,784 SF · lease $26.04/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.69M
$1.48M – $1.98M (±1% cap)
NOI $118,508 @ 7.0% cap · market cap 8.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.62M
$2.29M – $3.05M (±1% cap)
NOI $183,278 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Electrical Service Tech Support Center HVAC Service Pet Grooming Service Home Appliance Store Daycare Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Catering Service

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

FAQs

What type of property is this?
Apartment building - Tudor-style 12-unit building with six 1-bedroom and six 2-bedroom units, fully occupied.
Where is this apartment building located?
The property is located at 28 Whitney Street Hartford, CT.
What is the asking price?
The asking price for this property is $1,320,000.
What are key features of this property?
This property features: Tudor‑style brick 12‑unit multifamily building built in 1924; Unit mix: six 1‑bedroom/1‑bath and six 2‑bedroom/1‑bath units; Heating: steam heat; cooling provided by window unit(s)
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