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11 Units Bristol, CT 06010

For Sale
$1,600,000

Eleven-unit portfolio in Bristol, CT with upside potential.

Building Details

Year built
1940

Source: Berkshire Hathaway NE Prop. Agent Shy Grahame

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Bristol Multifamily Investment Opportunity

This eleven-unit portfolio in Bristol, CT, presents an investor opportunity within a strong rental market. The portfolio comprises a five-unit property, one three-unit property, and another three-unit property that includes a garage, plus an additional unit currently used for owner storage. The properties are in good condition and feature gas and electric heating, along with ample off-street parking. Minimal renovation is needed. There is significant upside potential through rent increases, as current rents are below market value. The portfolio includes 52 Colony St, 53 Norton St, and 6 Houghton St. It is an ideal opportunity for a 1031 exchange or investors seeking a low-maintenance, high-yield portfolio. Financials, including rent roll, P&L, and leases, are available upon request with proof of funds or pre-approval. The properties must be sold together.
Location Intelligence

Current Use by Public Records

Triplexes

Map

City
Bristol
County
Hartford
State
Connecticut
Longitude
-72.9401
Latitude
41.6812

FAQs

What type of property is this?
Apartment building - Eleven-unit portfolio in Bristol, CT with upside potential.
Where is this apartment building located?
The property is located at 11 Units Bristol, CT.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: - Cash-flowing 11-unit portfolio in Bristol, CT.; - Significant upside potential through rent increases (below market value).; - Minimal renovation needs; buildings in good condition.
More about this property
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