10-Unit Multifamily Investment
451 Divinity St Bristol, CT 06010
451 Divinity St, Bristol, CT, 06010
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For Sale
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Ten-unit multifamily property with reported actual NOI of $82,918 and a 6.9% cap rate.
Property Size4,800 SF
Price / SF$249.79
Days on Market126
Property Features for 451 Divinity St
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1965
Listing agency
Sky Realty Group
(860) 638-9748
Listed by
Sandy Strickling · License #REB.0793642
Source
Crexi
Added: Mar 20 Updated: Jul 23 at 2:10AM Checked: Jul 23 at 2:10AM
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 Sky Realty Group
Investment Insights
Based on property information with market context.
This 10-unit multifamily property at 451 Divinity St offers an income-producing residential layout designed for long-term rental demand. The asset is presented with an actual NOI of $82,918 and a reported 6.9% cap rate, along with a proforma ROI of 9.7%, providing a straightforward view of current and projected performance.
The property is located in Bristol, Connecticut, approximately 20 miles southwest of Hartford, with access to regional employment hubs supported by proximity to larger metro areas. The surrounding market context described includes ongoing redevelopment initiatives such as Downtown Bristol and Centre Square, with demand supported by proximity to UConn Health and Bristol Hospital.
Offered for sale after a reported price reduction, this is positioned as a multifamily opportunity for investors seeking current income with room for future performance in a market described as having constrained housing supply.
The property is located in Bristol, Connecticut, approximately 20 miles southwest of Hartford, with access to regional employment hubs supported by proximity to larger metro areas. The surrounding market context described includes ongoing redevelopment initiatives such as Downtown Bristol and Centre Square, with demand supported by proximity to UConn Health and Bristol Hospital.
Offered for sale after a reported price reduction, this is positioned as a multifamily opportunity for investors seeking current income with room for future performance in a market described as having constrained housing supply.
Key Highlights
- 10‑unit multifamily at 451 Divinity St built in 1965
- Reported actual NOI of $82,918
- 6.9% cap rate (as reported)
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Ten-unit multifamily property with reported actual NOI of $82,918 and a 6.9% cap rate.
Where is this apartment building located?
The property is located at 451 Divinity St Bristol, CT.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 10‑unit multifamily at 451 Divinity St built in 1965; Reported actual NOI of $82,918; 6.9% cap rate (as reported)
