Two-Unit Townhouse in
358 Wethersfield Avenue Hartford, CT 06114
358 Wethersfield Avenue, Hartford, CT, 06114
$389,000
For Sale
$389,000
Rare, updated two-unit townhouse in Hartford's south end.
Property Size2,304 SF
Price / SF$168.84
Days on Market74
Property Features for 358 Wethersfield Avenue
General Information
- Standard status
- Active
- Size
- 2,304 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1985
Listing Agency
MLS Direct
(860) 478-0934
Listed by
Nankumar Nemdharie · License #RES.0813254
(860) 478-0934
Source
Lockandkeyre
Added: May 6 Checked: Jul 17 at 6:01 am
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 MLS Direct
Investment Insights
Based on property information with market context.
This two-unit townhouse is located in the south end of Hartford. The first unit features an open living room and kitchen area, one bedroom, and one updated bathroom. It has been freshly painted and includes luxury vinyl flooring, modern cabinets, and stainless steel appliances. The second unit is a two-level townhouse-style unit with three bedrooms, two full bathrooms, and one half bathroom. The master bedroom includes an updated bathroom. The kitchen is updated with stainless steel appliances, white shaker cabinets, quartz countertops, and tile backsplash. New lighting fixtures and luxury vinyl plank flooring are present throughout. The property includes a newer roof, windows, and boiler. The property is within walking distance of schools, shopping, and transportation. The property size is 2304 square feet.
Key Highlights
- Two separate units offer flexibility for rental income or multi‑generational living.
- Upper unit: 3 bedrooms, 2 full and 1 half bathrooms, providing ample space.
- Both units feature updated kitchens with stainless steel appliances and modern finishes.
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 | $51.1k | $22.20 |
| − Vacancy | −$2.8k | −$1.22 |
| EGI | $48.3k | $20.98 |
| − OpEx | −$14.5k | −$6.29 |
| NOI | $33.8k | $14.68 |
2,304 SF · lease $22.20/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$483.3K
$422.9K – $563.9K
NOI $33,831 @ 7.0% cap · market cap 8.70%
Second Best
Apartment 5plus
$444.1K
$388.6K – $518.1K
NOI $31,084 @ 7.0% cap · market cap 7.99%
Theoretical Best
Office A
$686.8K
$600.9K – $801.2K
NOI $48,073 @ 7.0% cap · market cap 12.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Rare, updated two-unit townhouse in Hartford's south end.
Where is this duplex located?
The property is located at 358 Wethersfield Avenue Hartford, CT.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Two separate units offer flexibility for rental income or multi‑generational living.; Upper unit: **3 bedrooms, 2 full and 1 half bathrooms, providing ample space.**; Both units feature **updated kitchens with stainless steel appliances and modern finishes.**
