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Two-Family Residential Property

70 Lancaster Road West Hartford, CT 06119

70 Lancaster Road, West Hartford, CT, 06119
$499,900
Pending
For Sale
$499,900
Pending

MULTI_FAMILY - West Hartford, CT

Property Size2,065 SF
Lot Size0.11 Acres
Days on Market47

Property Features for 70 Lancaster Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RM-3R
Bedrooms
5
Bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 2, Basement, Bedroom 3, Bedroom 5
Patio and Porch features
Porch
Exterior features
Porch,Gutters
Fireplace
1
Basement
Full, Unfinished
Standard status
Pending
Size
2,065 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
9228

Utilities

Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public

Building Details

Year built
1898
Architectural style
Other
Listing Agency mygoodagent
680 Boston Post Road, Suite H, Boca Raton, CT
Listed by Ariel Edery · License #RES.0818431
Added: Jun 3 Checked: Jul 19 at 3:06 am
MLS# 24176394 Listing URL

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale two-family residence at 70 Lancaster Road is set up with two separate units. The second-floor unit offers four bedrooms, while the first-floor unit provides one bedroom. The property is presented as a project opportunity, with room for updates to improve the overall condition and functionality.

The home is located on a residential street in West Hartford, Connecticut. The remarks note convenient access to West Hartford Center and Blue Back Square, which offer shopping, dining, entertainment, and parks.

Because it already contains two distinct living units, the property can fit a range of owner and investor goals, including living in one unit and renting the other or operating it as a rental property. Zoning is listed as RM-3R, supporting residential income use within the community. Buyers interested in value-added updates may find the unit configuration well-suited to adding modern finishes and optimizing livability across both floors.

Key Highlights

  • Two‑family property with 1st‑floor 1‑bedroom unit and 2nd‑floor 4‑bedroom apartment
  • Year built 1898 with a porch and exterior features including gutters
  • Includes 1 fireplace and public utilities: public water and public sewer

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 $45.8k $22.20
− Vacancy −$2.5k −$1.22
EGI $43.3k $20.98
− OpEx −$13.0k −$6.29
NOI $30.3k $14.68
2,065 SF · lease $22.20/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$433.2K
$379.0K – $505.4K (±1% cap)
NOI $30,322 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$398.0K
$348.3K – $464.3K (±1% cap)
NOI $27,860 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$615.5K
$538.6K – $718.1K (±1% cap)
NOI $43,086 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Auto Parts Store Electrical Service Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Florist Veterinary Clinic Storage Facility Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit home with a 4-bedroom second-floor apartment and a 1-bedroom first-floor unit, offered for sale in West Hartford.
Where is this duplex located?
The property is located at 70 Lancaster Road West Hartford, CT.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two‑family property with 1st‑floor 1‑bedroom unit and 2nd‑floor 4‑bedroom apartment; Year built 1898 with a porch and exterior features including gutters; Includes 1 fireplace and public utilities: public water and public sewer
Contact an agent
More about this property
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