Two-Unit Duplex with Separate
43-45 Pine, East Hartford, CT 06108
For Sale
$415,000
Pending
Each residence includes living space, attic bonus area, and a jack-and-jill bathroom.
Property Size2,455 SF
Days on Market97
Property Features for 43-45 Pine
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Listing Agency:
Marino Realty LLC
(860) 966-2414
Listed By:
Adrian Scarpa · License CT RES.0807142
(860) 327-3402
Source:
Lockandkeyre
Added: Aug 6
Changed: Nov 8
Last Checked: Nov 10 at 8:40AM
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 Marino Realty LLC
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Investment Insights
Based on property information with market context.
Built in 1910, this duplex contains two separate residences, each arranged with three bedrooms and two full bathrooms. The unit layouts include living rooms and additional attic bonus space, while oversized primary bedrooms connect to jack-and-jill bathrooms. Separate utilities serve each side of the property.
The combined configuration provides 6 bedrooms and 4 full bathrooms. The property is located on Pine St in East Hartford, with a Walk Score of 53 and Bike Score of 47, both classified as somewhat walkable or somewhat bikeable.
The combined configuration provides 6 bedrooms and 4 full bathrooms. The property is located on Pine St in East Hartford, with a Walk Score of 53 and Bike Score of 47, both classified as somewhat walkable or somewhat bikeable.
Key Highlights
- Two‑unit duplex with 6 bedrooms and 4 full bathrooms
- Each unit includes 3 bedrooms and 2 full bathrooms
- Separate utilities serve both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,049
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$720,980
$721.0K
Cap Rate 7%
$514,986
$515.0K
Cap Rate 9%
$400,544
$400.5K
Market Conditions
NOI Build-Up for 2,455 SF
Gross rent
$54.5K $22.20/SF
− Vacancy
−$3.0K −$1.22/SF
EGI
$51.5K $20.98/SF
− OpEx
−$15.4K −$6.29/SF
NOI
$36.0K $14.68/SF
Area
Hartford, CT
Vacancy
5.51%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$720,980
Cap Rate 7%
$514,986
Cap Rate 9%
$400,544
Alternative Uses
Best Use
Multifamily LT 5
$515.0K
$450.6K – $600.8K
NOI $36,049 @ 7.0% cap · market cap 8.69%
Second Best
Apartment 5plus
$473.2K
$414.0K – $552.0K
NOI $33,121 @ 7.0% cap · market cap 7.98%
Theoretical Best
Office A
$731.8K
$640.3K – $853.7K
NOI $51,224 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Explore this area
Business Placement
Demographics for 06108, CT
24,201
Population
9,963
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
85%
High-School Grad
8.1 sq mi
ZIP Area
2,988
Density / Sq Mi
$55,766
Median Household Income
$35,801
Median Earnings
$1,161
Median Rent
$218,800
Median Home Value
Market
Average Price Trend$/SF for Duplexes in East Hartford, CT
Properties on Market for Duplexes in East Hartford
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes living space, attic bonus area, and a jack-and-jill bathroom.
Where is this duplex located?
The property is located at 43-45 Pine East Hartford, CT.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Two‑unit duplex with 6 bedrooms and 4 full bathrooms; Each unit includes 3 bedrooms and 2 full bathrooms; Separate utilities serve both residences
