427 Zion Street, Hartford, CT 06106
Well-maintained two-family residence featuring newer boilers, recent interior updates, and a full basement for added storage.
- Added:
- Jun 26, 2026
- Days on Market:
- 11
- Last Refresh:
- Jul 1 at 3:21 am
Property Features for 427 Zion Street
General Information
- Standard status
- Active
- Size
- 1,488 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1820
Listing office Carbutti & Co., Realtors (860) 796-0151
Listing date Jun 26, 2026
Source Lockandkeyre
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 Carbutti & Co., Realtors
HighLights
- Two‑family home built in 1820 with approximately 1,488 SF of living space
- 4 bedrooms and 2 full bathrooms across the two‑family layout
- Recent interior updates include new flooring and interior paint completed within the last 3 years
- Major mechanical systems updated with newer boilers installed a few years ago; gas‑fired hot water heat
- Full basement provides additional storage space
- Vinyl siding and asphalt shingle roof
Overview
The property is located near downtown Hartford and within convenient reach of shopping, restaurants, public transportation, parks, schools, and major highways. This central convenience can support a range of day-to-day needs for occupants and simplifies tenant accessibility.
The configuration is well-suited for an investor seeking rental income from a two-unit structure, or for an owner-occupant looking to offset housing costs by living in one unit and renting the other. With the interior refresh and mechanical updates already in place, the home provides a practical option for buyers who want a turn-key starting point and dependable core systems, supported by the added storage offered by the basement.
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 | $33.0k | $22.20 |
| − Vacancy | −$1.8k | −$1.22 |
| EGI | $31.2k | $20.98 |
| − OpEx | −$9.4k | −$6.29 |
| NOI | $21.8k | $14.68 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hartford
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.6936871
- Latitude
- 41.7529305
