Two-Unit Duplex with
New
For Sale
$370,000
83-85 Silver, East Hartford, CT 06118
Each residence includes two bedrooms, a full bathroom, and hardwood flooring.
Property Size1,919 SF
Days on Market4
Property Features for 83-85 Silver
General Information
Standard status
Active
Size
1,919 SF
Total Parking Spaces
2
Property subtype
2 Family
Lease Term
Listing ID: 24210883, Standard Status: Active, MLS Status: Active, Property Subtype: 2 Family, 2 days on market
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
wraparound porch
large yard
Building Details
Building Size
1,919 SF
Year Built
1919
Buildings
1
Listing Agency:
ERA Hart Sargis-Breen
(860) 206-0141
Listed By:
Nicole Benson · License #RES.0821911
Source:
Iverty
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 2:24PM
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 ERA Hart Sargis-Breen
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1919 duplex contains two residences, each configured with two bedrooms and one full bathroom. Hardwood floors are present in both units, and the property includes a wraparound porch, a large yard, and a detached two-car garage that provides parking and storage space.
The East Hartford property is near shopping, dining, Rentschler Field, and highway access.
The East Hartford property is near shopping, dining, Rentschler Field, and highway access.
Key Highlights
- Two units, each with two bedrooms and one full bathroom
- Built in 1919
- Detached two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,178
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,560
$563.6K
Cap Rate 7%
$402,543
$402.5K
Cap Rate 9%
$313,089
$313.1K
Market Conditions
NOI Build-Up for 1,919 SF
Gross rent
$42.6K $22.20/SF
− Vacancy
−$2.3K −$1.22/SF
EGI
$40.3K $20.98/SF
− OpEx
−$12.1K −$6.29/SF
NOI
$28.2K $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%
$563,560
Cap Rate 7%
$402,543
Cap Rate 9%
$313,089
Alternative Uses
Best Use
Multifamily LT 5
$402.5K
$352.2K – $469.6K
NOI $28,178 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$369.9K
$323.6K – $431.5K
NOI $25,890 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$572.0K
$500.5K – $667.3K
NOI $40,040 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
Explore this area
Business Placement
Demographics for 06118, CT
26,844
Population
11,656
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
89%
High-School Grad
9.9 sq mi
ZIP Area
2,712
Density / Sq Mi
$75,523
Median Household Income
$40,595
Median Earnings
$1,259
Median Rent
$213,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes two bedrooms, a full bathroom, and hardwood flooring.
Where is this duplex located?
The property is located at 83-85 Silver East Hartford, CT.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Two units, each with two bedrooms and one full bathroom; Built in 1919; Detached two‑car garage
