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Three-Family Income Property

99-101 Campfield Avenue Hartford, CT 06114

99-101 Campfield Avenue, Hartford, CT, 06114
$499,900
For Sale
$499,900

Well maintained three-family residence with recently renovated first floor and updated gas heating systems.

Property Size3,120 SF
Price / SF$160.22
Days on Market38

Property Features for 99-101 Campfield Avenue

General Information

Standard status
Active
Size
3,120 SF
Property subtype
Multi-Family / 3 Family

Building Details

Year Built
1920
Listing agency Golden Rule Realty
Listed by Amandio Seguro · License #RES.0609290
Source Compass
Added: Jun 15 Updated: Jul 22 at 1:25PM Checked: Jul 22 at 1:25PM

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 Golden Rule Realty


Investment Insights

Based on property information with market context.

This well maintained three-family property offers two 3-bedroom units on the first and second floors, along with a 2-bedroom unit on the third floor with large, spacious rooms. The first floor renovation was completed, and the second floor features a new kitchen installed prior to the existing tenant moving in. Improvements include two gas heating systems that are about five years old, new garage roof work completed in 2025, and exterior trim on the house installed in aluminum about five years ago.

Located in Hartford’s south end in the Barry Square area, the property is presented as a solid residential income asset with three separate units within one building.

With its mixed unit bedroom counts and recent interior and exterior updates, the layout provides a straightforward three-family configuration for long-term residential income purposes.

Key Highlights

  • Well‑maintained 3‑family residence in the south end (Barry Square)
  • 1st and 2nd floors each feature 3 bedrooms; 3rd floor offers a 2‑bedroom unit with large, spacious rooms
  • 1st‑floor renovation completed; 2nd‑floor new kitchen completed prior to existing tenant moving in

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 $69.3k $22.20
− Vacancy −$3.8k −$1.22
EGI $65.4k $20.98
− OpEx −$19.6k −$6.29
NOI $45.8k $14.68
3,120 SF · lease $22.20/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$654.5K
$572.7K – $763.6K (±1% cap)
NOI $45,813 @ 7.0% cap · market cap 9.16%
Second Best
Apartment 5plus
$601.3K
$526.2K – $701.6K (±1% cap)
NOI $42,093 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$930.0K
$813.7K – $1.08M (±1% cap)
NOI $65,099 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Travel Agency Spa & Massage Center Gym & Fitness Center Cafe & Coffee Shop Garden Center

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

FAQs

What type of property is this?
Triplex - Well maintained three-family residence with recently renovated first floor and updated gas heating systems.
Where is this triplex located?
The property is located at 99-101 Campfield Avenue 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: Well‑maintained 3‑family residence in the south end (Barry Square); 1st and 2nd floors each feature 3 bedrooms; 3rd floor offers a 2‑bedroom unit with large, spacious rooms; 1st‑floor renovation completed; 2nd‑floor new kitchen completed prior to existing tenant moving in
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