Brick 3-Unit
479 Edgewood, Hartford, CT 06112
For Sale
New
$550,000
Residents pay their own utilities, and the property is heated by gas.
Property Size1,900 SF
Price / SF$157.55
Days on Market5
Property Features for 479 Edgewood
General Information
Standard status
Size
Property subtype
Lease Term
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
washer/dryer hookup
off-street parking
Building Details
Building Size
Year Built
Construction
Listing Agency:
Century 21 AllPoints Realty
(860) 263-2121
Listed By:
Chantal Lallier · License CT RES.0824820
(860) 729-4176
Source:
Iverty
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 6:52AM
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 Century 21 AllPoints Realty
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Investment Insights
Based on property information with market context.
This brick triplex, built in 1900, contains two three-bedroom apartments and one two-bedroom apartment. Interiors feature vinyl plank flooring, high ceilings, large windows, and updated kitchens with refreshed cabinetry, butcher block counters, recessed lighting, and butler’s pantries. Bathrooms have tiled tub surrounds, and the first-floor unit includes a washer and dryer hookup.
A vinyl fence fronts the property, with off-street parking at the rear. The location offers access to a highway, shopping, and bus service. The property is zoned NX-1; tenants pay utilities, and the building has gas heat.
A vinyl fence fronts the property, with off-street parking at the rear. The location offers access to a highway, shopping, and bus service. The property is zoned NX-1; tenants pay utilities, and the building has gas heat.
Key Highlights
- Two 3‑bedroom apartments and one 2‑bedroom apartment
- Brick construction; built in 1900
- Updated kitchens with butcher block counters, recessed lighting, and butler’s pantries
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,098
Cap Rate
8.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$941,960
$942.0K
Cap Rate 7%
$672,829
$672.8K
Cap Rate 9%
$523,311
$523.3K
Market Conditions
NOI Build-Up for 3,491 SF
Gross rent
$90.9K $26.04/SF
− Vacancy
−$5.3K −$1.51/SF
EGI
$85.6K $24.53/SF
− OpEx
−$38.5K −$11.04/SF
NOI
$47.1K $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%
$941,960
Cap Rate 7%
$672,829
Cap Rate 9%
$523,311
Alternative Uses
Best Use
Multifamily LT 5
$732.3K
$640.8K – $854.4K
NOI $51,261 @ 7.0% cap · market cap 9.32%
Second Best
Apartment 5plus
$672.8K
$588.7K – $785.0K
NOI $47,098 @ 7.0% cap · market cap 8.56%
Theoretical Best
Office A
$1.04M
$910.5K – $1.21M
NOI $72,840 @ 7.0% cap · market cap 13.24%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
605
Businesses Nearby
Explore this area
Business Placement
Demographics for 06112, CT
23,189
Population
8,785
Households
2.6
Avg Household Size
32
Median Age
10%
College-Educated
77%
High-School Grad
3.0 sq mi
ZIP Area
7,730
Density / Sq Mi
$47,010
Median Household Income
$29,383
Median Earnings
$1,229
Median Rent
$203,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Hartford, CT
Properties on Market for Triplexes in Hartford
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Residents pay their own utilities, and the property is heated by gas.
Where is this triplex located?
The property is located at 479 Edgewood Hartford, CT.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two 3‑bedroom apartments and one 2‑bedroom apartment; Brick construction; built in 1900; Updated kitchens with butcher block counters, recessed lighting, and butler’s pantries
