Three-Unit Residential Income
69 Williams Street Hartford, CT 06120
69 Williams Street, Hartford, CT, 06120
$499,000
For Sale
$499,000
Well-maintained three-family home with three 3-bedroom units, tall ceilings, and open living areas.
Property Size3,390 SF
Price / SF$147.20
Days on Market63
Property Features for 69 Williams Street
General Information
- Standard status
- Active
- Size
- 3,390 SF
- Property subtype
- Multi-Family / 3 Family
Building Details
- Year Built
- 1920
Listing agency
Agora Homes
(860) 816-0058
Listed by
Angela Jarvis · License #RES.0815020
(860) 816-0058
Source
Compass
Added: May 21 Updated: Jul 21 at 1:44PM Checked: Jul 22 at 8:45AM
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 Agora Homes
Investment Insights
Based on property information with market context.
This well-maintained three-family residential income property offers three separate units, each featuring three bedrooms. Units include tall ceilings and open living areas with ambient lighting, supported by efficient layouts designed for everyday functionality.
The property is located near downtown Hartford, with nearby access to restaurants, shopping, and major amenities.
For buyers considering a long-term hold, the building’s current configuration provides multiple independently leased spaces within a single 3-family structure.
The property is located near downtown Hartford, with nearby access to restaurants, shopping, and major amenities.
For buyers considering a long-term hold, the building’s current configuration provides multiple independently leased spaces within a single 3-family structure.
Key Highlights
- Well‑maintained 3‑family home built in 1920 near downtown Hartford
- Three separate units, each with 3 bedrooms
- Tall ceilings and functional open living areas in each unit
Local Financial Insights For Apartment 5plus
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 | $88.3k | $26.04 |
| − Vacancy | −$5.1k | −$1.51 |
| EGI | $83.2k | $24.53 |
| − OpEx | −$37.4k | −$11.04 |
| NOI | $45.7k | $13.49 |
3,390 SF · lease $26.04/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$711.1K
$622.2K – $829.6K
NOI $49,778 @ 7.0% cap · market cap 9.98%
Second Best
Apartment 5plus
$653.4K
$571.7K – $762.3K
NOI $45,736 @ 7.0% cap · market cap 9.17%
Theoretical Best
Office A
$1.01M
$884.2K – $1.18M
NOI $70,732 @ 7.0% cap · market cap 14.17%
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-family home with three 3-bedroom units, tall ceilings, and open living areas.
Where is this triplex located?
The property is located at 69 Williams Street Hartford, CT.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Well‑maintained 3‑family home built in 1920 near downtown Hartford; Three separate units, each with 3 bedrooms; Tall ceilings and functional open living areas in each unit
