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Multifamily with Finished Attic & Basement

34 Adams Street Hartford, CT 06112

34 Adams Street, Hartford, CT, 06112
$468,000
For Sale
$468,000

Built in 1922, this well-maintained multifamily includes two main units plus finished attic and basement living areas.

Property Size3,073 SF
Price / SF$152.29
Days on Market156

Property Features for 34 Adams Street

General Information

Standard status
Active
Size
3,073 SF
Property subtype
Multi-Family / 2 Family

Building Details

Year Built
1922
Listing agency Five Stars Realty
Listed by Kervin D Figaro · License #RES.0813048
Source Compass
Added: Feb 15 Updated: Jul 21 at 1:30AM Checked: Jul 21 at 6:01AM

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 Five Stars Realty


Investment Insights

Based on property information with market context.

Built in 1922, this well-maintained multifamily at 34–36 Adams Street offers approximately 3,073 sq ft across two main units. The property also includes a finished attic and finished basement, each functioning as separate living areas with its own bedrooms, kitchens, and bathrooms, creating a four-family setup within a two-family footprint.

The home is supported by gas heat with newer furnaces and updated water heaters. Roof is less than 12 years old. A full bathroom is available on every level, and the property includes a rear garage. Appliances and a security system with cameras are conveyed with the home.

With practical, multi-level configurations and ongoing mechanical updates, the layout is designed to support versatile occupancy while maintaining comfort across the different living spaces.

Key Highlights

  • Built in 1922 multifamily with 3,073 sq ft across two main units plus finished attic and basement living areas
  • Finished attic and basement each include bedrooms, kitchens, and bathrooms for added separate living space
  • Full bathroom on every level; interior includes 18 total rooms and heated, finished, floored walk‑up attic

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 $80.0k $26.04
− Vacancy −$4.6k −$1.51
EGI $75.4k $24.53
− OpEx −$33.9k −$11.04
NOI $41.5k $13.49
3,073 SF · lease $26.04/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$644.6K
$564.0K – $752.1K (±1% cap)
NOI $45,123 @ 7.0% cap · market cap 9.64%
Second Best
Apartment 5plus
$592.3K
$518.2K – $691.0K (±1% cap)
NOI $41,459 @ 7.0% cap · market cap 8.86%
Theoretical Best
Office A
$916.0K
$801.5K – $1.07M (±1% cap)
NOI $64,118 @ 7.0% cap · market cap 13.70%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Spa & Massage Center Nail Salon (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Bakery Computer & Electronic Repair Skin Care Clinic Tech Support Center Building Supply

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

FAQs

What type of property is this?
Quadplex - Built in 1922, this well-maintained multifamily includes two main units plus finished attic and basement living areas.
Where is this quadplex located?
The property is located at 34 Adams Street Hartford, CT.
What is the asking price?
The asking price for this property is $468,000.
What are key features of this property?
This property features: Built in 1922 multifamily with 3,073 sq ft across two main units plus finished attic and basement living areas; Finished attic and basement each include bedrooms, kitchens, and bathrooms for added separate living space; Full bathroom on every level; interior includes 18 total rooms and heated, finished, floored walk‑up attic
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