Two-Unit Residential Income
65-67 Larrabee Street East Hartford, CT 06108
65-67 Larrabee Street, East Hartford, CT, 06108
$365,000
Pending
For Sale
$365,000
Pending
Two-unit residence with fenced yard, two-car paved driveway, newer energy-saving windows, and dual laundry stations.
Property Size2,244 SF
Days on Market37
Property Features for 65-67 Larrabee Street
General Information
- Standard status
- Pending
- Size
- 2,244 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1885
Listing agency
Beycome of Connecticut
(804) 656-5007
Listed by
Steven Koleno · License #3469487
(804) 656-5007
Source
Lockandkeyre
Added: Jun 17 Updated: Jul 10 at 2:03PM Checked: Jul 22 at 5:00AM
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 Beycome of Connecticut
Investment Insights
Based on property information with market context.
This two-unit residential income property features a versatile multi-family layout with two separate living arrangements. Exterior improvements include a large fenced-in yard and a paved two-car wide driveway for convenient off-street parking. The home also benefits from newer energy-saving windows, updated gutters, and dual laundry stations to support separate household needs.
Located at 65-67 Larrabee Street in East Hartford, this property is positioned for straightforward access by vehicle. The combination of an enclosed outdoor area and dedicated driveway space can be helpful for tenant day-to-day routines.
For buyers considering an owner-occupied setup or adding rental units, the property’s dual laundry capacity and separate unit configuration provide practical functionality. The fenced yard and off-street parking add everyday value, while the listed exterior upgrades and energy-saving windows support long-term maintainability considerations. Owner-occupied by the agent.
Located at 65-67 Larrabee Street in East Hartford, this property is positioned for straightforward access by vehicle. The combination of an enclosed outdoor area and dedicated driveway space can be helpful for tenant day-to-day routines.
For buyers considering an owner-occupied setup or adding rental units, the property’s dual laundry capacity and separate unit configuration provide practical functionality. The fenced yard and off-street parking add everyday value, while the listed exterior upgrades and energy-saving windows support long-term maintainability considerations. Owner-occupied by the agent.
Key Highlights
- Two‑unit residence at 65‑67 Larrabee St., East Hartford, CT (built 1885)
- Large fenced‑in yard
- Paved two‑car wide driveway
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 | $49.8k | $22.20 |
| − Vacancy | −$2.7k | −$1.22 |
| EGI | $47.1k | $20.98 |
| − OpEx | −$14.1k | −$6.29 |
| NOI | $33.0k | $14.68 |
2,244 SF · lease $22.20/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$470.7K
$411.9K – $549.2K
NOI $32,950 @ 7.0% cap · market cap 9.03%
Second Best
Apartment 5plus
$432.5K
$378.4K – $504.6K
NOI $30,275 @ 7.0% cap · market cap 8.29%
Theoretical Best
Office A
$668.9K
$585.3K – $780.4K
NOI $46,821 @ 7.0% cap · market cap 12.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit residence with fenced yard, two-car paved driveway, newer energy-saving windows, and dual laundry stations.
Where is this duplex located?
The property is located at 65-67 Larrabee Street East Hartford, CT.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Two‑unit residence at 65‑67 Larrabee St., East Hartford, CT (built 1885); Large fenced‑in yard; Paved two‑car wide driveway
