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Two-Family Residential Income

29 Englewood Avenue West Hartford, CT 06110

29 Englewood Avenue, West Hartford, CT, 06110
$549,000
For Sale
$549,000

Two-family structure offered for sale, presented with access to the basement and first floor for showings.

Property Size2,154 SF
Price / SF$254.87
Days on Market22

Property Features for 29 Englewood Avenue

General Information

Standard status
Active
Size
2,154 SF
Property subtype
2 Family

Building Details

Year Built
1927
Listing agency Better Homes and Gardens Real Estate Executive Real Estate
Listed by Daniel Alvarado · License #RES.0787079
Source Lockandkeyre
Added: Jul 1 Updated: Jul 21 at 1:22AM Checked: Jul 21 at 3:27AM

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 Better Homes and Gardens Real Estate Executive Real Estate


Investment Insights

Based on property information with market context.

This two-family residential income property is offered for sale and described as having “good bones.” The listing indicates that showings will be limited to the basement and the first floor.

The property address is 29 Englewood Avenue, West Hartford, CT 06110.

Details beyond the two-family configuration and the specified showing access are not provided in the available information.

Key Highlights

  • Two‑family structure built in 1927
  • Showings provide access to the basement and first floor

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 $47.8k $22.20
− Vacancy −$2.6k −$1.22
EGI $45.2k $20.98
− OpEx −$13.6k −$6.29
NOI $31.6k $14.68
2,154 SF · lease $22.20/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$451.8K
$395.4K – $527.2K (±1% cap)
NOI $31,629 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$415.1K
$363.3K – $484.3K (±1% cap)
NOI $29,060 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$642.0K
$561.8K – $749.1K (±1% cap)
NOI $44,943 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Dental Office Butcher Nursing Home Catering Service Nursing Home (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Two-family structure offered for sale, presented with access to the basement and first floor for showings.
Where is this duplex located?
The property is located at 29 Englewood Avenue West Hartford, CT.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Two‑family structure built in 1927; Showings provide access to the basement and first floor
Contact an agent
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