Three-Unit Multifamily
52-56 Great Hill Road East Hartford, CT 06108
52-56 Great Hill Road, East Hartford, CT, 06108
$400,000
Pending
For Sale
$400,000
Pending
Well-maintained three-unit income property with six bedrooms and three full bathrooms on a level fenced lot.
Property Size2,402 SF
Days on Market42
Property Features for 52-56 Great Hill Road
General Information
- Standard status
- Pending
- Size
- 2,402 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1943
Listing agency
eXp Realty
(860) 335-1249
Listed by
Kara Chappell
(860) 335-1249
Source
Lockandkeyre
Added: Jun 11 Updated: Jul 22 at 8:46AM Checked: Jul 22 at 8:46AM
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
Investment Insights
Based on property information with market context.
A well-maintained three-unit multifamily property configured with approximately 2,400 square feet of living space. The layout provides six bedrooms and three full bathrooms across the three units, offering functional residential configurations for multiple households. The property sits on a level fenced lot.
The home is located in East Hartford’s Mayberry Village neighborhood, just minutes from Burnside Avenue’s shopping, dining, and everyday amenities. Access to major commuter routes is described as being convenient, including Interstate 84, Interstate 91, and Route 2.
With three separate units and a total of six bedrooms and three full bathrooms, this property can support a range of residential ownership or investment approaches while maintaining an easy-to-manage, multi-unit structure.
The home is located in East Hartford’s Mayberry Village neighborhood, just minutes from Burnside Avenue’s shopping, dining, and everyday amenities. Access to major commuter routes is described as being convenient, including Interstate 84, Interstate 91, and Route 2.
With three separate units and a total of six bedrooms and three full bathrooms, this property can support a range of residential ownership or investment approaches while maintaining an easy-to-manage, multi-unit structure.
Key Highlights
- Well‑maintained three‑unit multi‑family property built in 1943
- Approximately 2,400 SF of living space with 6 bedrooms and 3 full bathrooms across three units
- Level fenced lot
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 | $53.3k | $22.20 |
| − Vacancy | −$2.9k | −$1.22 |
| EGI | $50.4k | $20.98 |
| − OpEx | −$15.1k | −$6.29 |
| NOI | $35.3k | $14.68 |
2,402 SF · lease $22.20/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$503.9K
$440.9K – $587.8K
NOI $35,270 @ 7.0% cap · market cap 8.82%
Second Best
Apartment 5plus
$462.9K
$405.1K – $540.1K
NOI $32,406 @ 7.0% cap · market cap 8.10%
Theoretical Best
Office A
$716.0K
$626.5K – $835.3K
NOI $50,118 @ 7.0% cap · market cap 12.53%
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 - Well-maintained three-unit income property with six bedrooms and three full bathrooms on a level fenced lot.
Where is this triplex located?
The property is located at 52-56 Great Hill Road East Hartford, CT.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Well‑maintained three‑unit multi‑family property built in 1943; Approximately 2,400 SF of living space with 6 bedrooms and 3 full bathrooms across three units; Level fenced lot
