Two-Unit Modern
New
For Sale
$565,000
46-48 Brinley, Hartford, CT 06106
Each residence spans three levels and includes private driveway parking, central air, and in-unit laundry.
Property Size3,600 SF
Price / SF$156.94
Days on Market5
Property Features for 46-48 Brinley
General Information
Standard status
Active
Size
3,600 SF
Property subtype
2 Family
Additional Details
Multifamily Units
2
Amenities
patio area
central air
in-unit washer and dryer
private driveway
Building Details
Year Built
2013
Stories
3
Listing Agency:
eXp Realty
(866) 828-3951
Listed By:
Gregory Clancy · License #RES.0802030
(860) 940-8449
Source:
Lockandkeyre
Added: Oct 25
Changed: Oct 28
Last Checked: Oct 28 at 6:17AM
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 eXp Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2013, this duplex contains two residences, each offering approximately 1,800 square feet across three levels. Both units feature open-plan kitchens with granite countertops and soft-close cabinetry, two full bathrooms and one half bath, central air, in-unit laundry, and luxury vinyl plank flooring. Sliding doors open to patio areas. The building remained unoccupied until 2023, and its mechanical systems, appliances, windows, and interior carpentry are approximately three years old. Surveillance wiring is installed but not connected.
The property is on Brinley Avenue in Hartford’s Elmwood section, about 0.5 miles from the Newington and West Hartford town lines. Each unit has a private driveway, with additional street parking available in front of the property. Zoning is N3-3.
The property is on Brinley Avenue in Hartford’s Elmwood section, about 0.5 miles from the Newington and West Hartford town lines. Each unit has a private driveway, with additional street parking available in front of the property. Zoning is N3-3.
Key Highlights
- Two units, each with approximately 1,800 square feet across three levels
- Built in 2013; unoccupied until 2023
- Each unit has two full bathrooms and one half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,569
Cap Rate
8.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,380
$971.4K
Cap Rate 7%
$693,843
$693.8K
Cap Rate 9%
$539,656
$539.7K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$93.7K $26.04/SF
− Vacancy
−$5.4K −$1.51/SF
EGI
$88.3K $24.53/SF
− OpEx
−$39.7K −$11.04/SF
NOI
$48.6K $13.49/SF
Area
Hartford, CT
Vacancy
5.80%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,380
Cap Rate 7%
$693,843
Cap Rate 9%
$539,656
Alternative Uses
Best Use
Multifamily LT 5
$755.2K
$660.8K – $881.0K
NOI $52,861 @ 7.0% cap · market cap 9.36%
Second Best
Apartment 5plus
$693.8K
$607.1K – $809.5K
NOI $48,569 @ 7.0% cap · market cap 8.60%
Theoretical Best
Office A
$1.07M
$938.9K – $1.25M
NOI $75,114 @ 7.0% cap · market cap 13.29%
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
820
Businesses Nearby
Explore this area
Business Placement
Demographics for 06106, CT
38,036
Population
16,938
Households
2.2
Avg Household Size
33
Median Age
17%
College-Educated
70%
High-School Grad
4.2 sq mi
ZIP Area
9,056
Density / Sq Mi
$47,542
Median Household Income
$31,395
Median Earnings
$1,237
Median Rent
$201,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence spans three levels and includes private driveway parking, central air, and in-unit laundry.
Where is this duplex located?
The property is located at 46-48 Brinley Hartford, CT.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Two units, each with approximately 1,800 square feet across three levels; Built in 2013; unoccupied until 2023; Each unit has two full bathrooms and one half bath
