Three-Unit Residential Income
40 BOND ST Hartford, CT 06114
40 BOND ST, Hartford, CT, 06114
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For Sale
Contact for pricing
Three-family building with aluminum/vinyl siding, natural gas heat, and an unfinished basement.
Property Size1,794 SF
Lot Size0.17 Acres
Price / SF$200.67
Days on Market37
Property Features for 40 BOND ST
General Information
- Standard status
- Active
- Size
- 1,794 SF
- Lot size
- 0.17 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1900
Listing agency
Alpha Capital Realty
(201) 694-7540
Listed by
Jake Smith · License #CT
Source
Crexi
Added: Jun 16 Updated: Jul 20 at 5:44PM Checked: Jul 20 at 5:44PM
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 Alpha Capital Realty
Investment Insights
Based on property information with market context.
This three-family residential income property offers a total of 1,794 square feet of living area. The building includes 5 bedrooms and 3 full bathrooms, with an aluminum/vinyl exterior and natural gas heat. An unfinished basement provides additional space.
The property is located at 40 Bond St in Hartford, CT, with convenient access to nearby amenities, schools, shopping, and major routes.
On a 7,501 square foot lot, the building presents a practical multi-unit configuration for either investors or owner-occupants seeking to manage a residential income asset.
The property is located at 40 Bond St in Hartford, CT, with convenient access to nearby amenities, schools, shopping, and major routes.
On a 7,501 square foot lot, the building presents a practical multi-unit configuration for either investors or owner-occupants seeking to manage a residential income asset.
Key Highlights
- Three‑family building with 1,794 SF of living area on a 7,501 SF lot
- 1900 construction with aluminum/vinyl exterior siding
- Natural gas heat
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 | $39.8k | $22.20 |
| − Vacancy | −$2.2k | −$1.22 |
| EGI | $37.6k | $20.98 |
| − OpEx | −$11.3k | −$6.29 |
| NOI | $26.3k | $14.68 |
1,794 SF · lease $22.20/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$376.3K
$329.3K – $439.1K
NOI $26,343 @ 7.0% cap · market cap 7.32%
Second Best
Apartment 5plus
$345.8K
$302.5K – $403.4K
NOI $24,203 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$534.7K
$467.9K – $623.9K
NOI $37,432 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-family building with aluminum/vinyl siding, natural gas heat, and an unfinished basement.
Where is this triplex located?
The property is located at 40 BOND ST Hartford, CT.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Three‑family building with 1,794 SF of living area on a 7,501 SF lot; 1900 construction with aluminum/vinyl exterior siding; Natural gas heat
