Hartford Townhouse-Style Three-Family
68-70 Arnold Street Hartford, CT 06106
68-70 Arnold Street, Hartford, CT, 06106
$495,000
For Sale
$495,000
Rare townhouse-style three-family in Hartford with finished lower levels.
Property Size2,940 SF
Price / SF$168.37
Days on Market63
Property Features for 68-70 Arnold Street
General Information
- Standard status
- Active
- Size
- 2,940 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1970
Listing Agency
Premier Properties of CT
(860) 883-3134
Listed by
Jose Palacios
(860) 883-3134
Source
Lockandkeyre
Added: May 15 Checked: Jul 16 at 6:26 am
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 Premier Properties of CT
Investment Insights
Based on property information with market context.
This is a side-by-side townhouse-style three-family property located in Hartford. Each unit features a finished lower level; the total square footage per unit reflects the finished basement space. The property has been well maintained and includes updated kitchens and baths, newer windows, and off-street parking for up to 6 vehicles. Stable long-term tenants are in place. The property is located near shopping, highways, and public transportation. The property's size is 2940 square feet. This property offers a layout providing additional privacy and separation between units, compared to traditional up-and-down multi-families. It is suitable for investors or owner-occupants looking for rental potential and a multi-family layout.
Key Highlights
- Townhouse‑style 3‑family layout provides enhanced privacy.
- Each unit includes its own finished lower level, increasing living space.
- Updated kitchens and baths enhance appeal.
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 | $65.3k | $22.20 |
| − Vacancy | −$3.6k | −$1.22 |
| EGI | $61.7k | $20.98 |
| − OpEx | −$18.5k | −$6.29 |
| NOI | $43.2k | $14.68 |
2,940 SF · lease $22.20/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$616.7K
$539.6K – $719.5K
NOI $43,170 @ 7.0% cap · market cap 8.72%
Second Best
Apartment 5plus
$566.6K
$495.8K – $661.1K
NOI $39,664 @ 7.0% cap · market cap 8.01%
Theoretical Best
Office A
$876.3K
$766.8K – $1.02M
NOI $61,343 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Rare townhouse-style three-family in Hartford with finished lower levels.
Where is this triplex located?
The property is located at 68-70 Arnold Street Hartford, CT.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Townhouse‑style 3‑family layout provides enhanced privacy.; Each unit includes its own finished lower level, increasing living space.; Updated kitchens and baths enhance appeal.
