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Renovated Three-Unit Property
For Sale
$499,900

99-101 Campfield Ave, Hartford, CT 06114

Three-unit residential income property with spacious rooms, updated kitchens, and garage storage.

Property Size3,120 SF
Price / SF$160.22
Days on Market81

Property Features for 99-101 Campfield Ave

General Information

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

Units

Unit Mix 2 x 3BR, 1 x 2BR
Multifamily Units 3

Building Details

Year Built 1920
Listing Agency: Golden Rule Realty
Listed By: Amandio Seguro · License #RES.0609290
Source: Homesbyshoshana
Added: Jul 27 Changed: Oct 9 Last Checked: Oct 7 at 5:16PM

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 three-unit property offers two three-bedroom residences and a two-bedroom third-floor unit within a 3,120-square-foot building constructed in 1920. The first floor has recently completed renovations, while the second floor received a new kitchen before the existing tenant moved in. Spacious rooms provide functional layouts across the apartments.

The property is located in Hartford’s south end, in the Barry Square area. Building improvements include two gas heating systems installed about 5 years ago, a garage roof replaced in 2025, and aluminum exterior trim completed about 5 years ago. The address is 99-101 Campfield Ave.

Key Highlights

  • Three‑unit configuration with two 3‑bedroom units and one 2‑bedroom unit
  • 3,120 SF building constructed in 1920
  • First‑floor renovation recently completed

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,813
Cap Rate
9.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$916,260 $916.3K
Cap Rate 7%
$654,471 $654.5K
Cap Rate 9%
$509,033 $509.0K
Market Conditions
NOI Build-Up for 3,120 SF
Gross rent
$69.3K $22.20/SF
− Vacancy
−$3.8K −$1.22/SF
EGI
$65.4K $20.98/SF
− OpEx
−$19.6K −$6.29/SF
NOI
$45.8K $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%
$916,260
Cap Rate 7%
$654,471
Cap Rate 9%
$509,033

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 authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Acupuncture Law Firm (Bike/Boat/Book/etc) Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,177
Businesses Nearby

Demographics for 06114, CT

26,257
Population
11,206
Households
2.3
Avg Household Size
34
Median Age
15%
College-Educated
71%
High-School Grad
4.0 sq mi
ZIP Area
6,564
Density / Sq Mi
$47,905
Median Household Income
$31,996
Median Earnings
$1,296
Median Rent
$228,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential income property with spacious rooms, updated kitchens, and garage storage.
Where is this triplex located?
The property is located at 99-101 Campfield Ave 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: Three‑unit configuration with two 3‑bedroom units and one 2‑bedroom unit; 3,120 SF building constructed in 1920; First‑floor renovation recently completed
More about this property
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