Triplex with Walk-Out
For Sale
$429,900
Pending
9-11 , East Hartford, CT 06108
Three separate living spaces feature hardwood flooring, included appliances, and flexible laundry arrangements.
Property Size2,632 SF
Days on Market33
Property Features for 9-11
General Information
Standard status
Pending
Size
2,632 SF
Property subtype
2 Family
Additional Details
Multifamily Units
3
Building Details
Year Built
1973
Stories
3
Listing Agency:
Berkshire Hathaway NE Prop.
(860) 648-2045
Listed By:
Linda Goff · License #RES.0796311
(860) 966-4003
Source:
Lockandkeyre
Added: Sep 4
Changed: Oct 4
Last Checked: Oct 5 at 6:20PM
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 Berkshire Hathaway NE Prop.
Investment Insights
Based on property information with market context.
This three-unit multifamily property was built in 1973 and received a new roof in 2025. The first- and second-floor units feature hardwood floors, and their appliances convey with the sale. Laundry amenities include a washer and dryer in the basement for the first-floor unit and a washer-dryer hookup serving the second-floor unit. The lower-level residence has a walk-out configuration and is rented month-to-month.
The property includes two hot water heaters and separate electrical panels. Located at 9-11 Goodwin Pl in East Hartford, Connecticut, the building has a Walk Score of 39 and a Bike Score of 37, classified as Somewhat Bikeable.
The property includes two hot water heaters and separate electrical panels. Located at 9-11 Goodwin Pl in East Hartford, Connecticut, the building has a Walk Score of 39 and a Bike Score of 37, classified as Somewhat Bikeable.
Key Highlights
- Three‑unit multifamily property built in 1973
- New roof installed in 2025
- Walk‑out lower‑level unit rented month‑to‑month
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,648
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,960
$773.0K
Cap Rate 7%
$552,114
$552.1K
Cap Rate 9%
$429,422
$429.4K
Market Conditions
NOI Build-Up for 2,632 SF
Gross rent
$58.4K $22.20/SF
− Vacancy
−$3.2K −$1.22/SF
EGI
$55.2K $20.98/SF
− OpEx
−$16.6K −$6.29/SF
NOI
$38.6K $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%
$772,960
Cap Rate 7%
$552,114
Cap Rate 9%
$429,422
Alternative Uses
Best Use
Multifamily LT 5
$552.1K
$483.1K – $644.1K
NOI $38,648 @ 7.0% cap · market cap 8.99%
Second Best
Apartment 5plus
$507.3K
$443.9K – $591.8K
NOI $35,509 @ 7.0% cap · market cap 8.26%
Theoretical Best
Office A
$784.5K
$686.5K – $915.3K
NOI $54,917 @ 7.0% cap · market cap 12.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
672
Businesses Nearby
Explore this area
Business Placement
Demographics for 06108, CT
24,201
Population
9,963
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
85%
High-School Grad
8.1 sq mi
ZIP Area
2,988
Density / Sq Mi
$55,766
Median Household Income
$35,801
Median Earnings
$1,161
Median Rent
$218,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three separate living spaces feature hardwood flooring, included appliances, and flexible laundry arrangements.
Where is this triplex located?
The property is located at 9-11 East Hartford, CT.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Three‑unit multifamily property built in 1973; New roof installed in 2025; Walk‑out lower‑level unit rented month‑to‑month
