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Two-Unit Duplex with New Roof
For Sale
$325,900

54-56 East Harold St, Hartford, CT 06112

Two-family property with one tenant-occupied unit and a recently replaced roof.

Property Size1,664 SF
Price / SF$195.85
Days on Market76

Property Features for 54-56 East Harold St

General Information

Standard status Active
Size 1,664 SF
Property subtype Multi-Family

Building Details

Year Built 1942
Listing Agency: Vylla Home (CT) LLC
Listed By: Georgette Ruffin · License #RES.0767534
Source: Homesbyshoshana
Added: Jul 30 Changed: Oct 6 Last Checked: Oct 7 at 2:11PM

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 Vylla Home (CT) LLC

Investment Insights

Based on property information with market context.

This two-family duplex at 54-56 E Harold St features two residential units and was built in 1942. A new roof, completed two years ago, is the primary recent update. The property is being sold as is, with one unit currently tenant-occupied.

Showings require at least 24 hours' notice. The property has a Walk Score of 72, a Bike Score of 47, and a Transit Score of 47.

Key Highlights

  • Two‑family duplex with two residential units
  • New roof completed two years ago
  • One unit is currently tenant‑occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,434
Cap Rate
7.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,680 $488.7K
Cap Rate 7%
$349,057 $349.1K
Cap Rate 9%
$271,489 $271.5K
Market Conditions
NOI Build-Up for 1,664 SF
Gross rent
$36.9K $22.20/SF
− Vacancy
−$2.0K −$1.22/SF
EGI
$34.9K $20.98/SF
− OpEx
−$10.5K −$6.29/SF
NOI
$24.4K $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%
$488,680
Cap Rate 7%
$349,057
Cap Rate 9%
$271,489

Alternative Uses

Best Use
Multifamily LT 5
$349.1K
$305.4K – $407.2K (±1% cap)
NOI $24,434 @ 7.0% cap · market cap 7.50%
Second Best
Apartment 5plus
$320.7K
$280.6K – $374.2K (±1% cap)
NOI $22,450 @ 7.0% cap · market cap 6.89%
Theoretical Best
Office A
$496.0K
$434.0K – $578.7K (±1% cap)
NOI $34,719 @ 7.0% cap · market cap 10.65%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

585
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family property with one tenant-occupied unit and a recently replaced roof.
Where is this duplex located?
The property is located at 54-56 East Harold St Hartford, CT.
What is the asking price?
The asking price for this property is $325,900.
What are key features of this property?
This property features: Two‑family duplex with two residential units; New roof completed two years ago; One unit is currently tenant‑occupied
More about this property
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