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    Property profile & analytics

    74 Locust St Bristol, CT 06010

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US15-1333462
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 74 Locust St

    Property type
    Commercial real estate

    Description

    This exceptional three-family property located at 74 Locust St, Bristol, CT 06010, offers a compelling investment opportunity with a strong 8.32% capitalization rate. Priced at $395,000, the property boasts a current Net Operating Income (NOI) of $32,854, reflecting a 100% occupancy rate. Significant recent improvements exceeding $50,000 have been made, encompassing unit renovations, exterior siding replacement, roof repairs, and utility upgrades. The property comprises one three-bedroom unit and two two-bedroom units, each with separately metered utilities paid by tenants. Convenient off-street parking is available for residents. Currently generating positive cash flow, this property presents a remarkable opportunity for immediate income generation, with potential for further revenue growth by adjusting rents to market rates. Situated in Bristol's desirable West End, this property is ideal for both investors seeking a high-return asset and owner-occupants looking for a multi-family home with rental income potential. The property's strong financial performance, recent upgrades, and prime location make it a highly attractive investment.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.9504817
    Latitude
    41.6689117

    Comparable in this City

    • $219,990

      Bristol Two-Family Investment Opportunity

      Two-family property in Bristol with value-add potential.
      21 Addison St, Bristol, CT 06010
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    • $398,500

      Bristol Multifamily Investment Opportunity

      Three-unit property in Federal Hill neighborhood with income potential.
      17 Grove St, Bristol, CT 06010
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    • $389,000

      Fully Leased Two-Family Home

      Turnkey investment property with steady cash flow in Bristol.
      111 Federal St, Bristol, CT 06010
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    • $425,000

      Bristol Triplex: Investment or Owner-Occupancy

      Three-unit property in good condition, ideal for investors or owner-occupants.
      23 Sunrise Ter, Bristol, CT 06010
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    • $360,000
      Pending

      Bristol Duplex: Investment and Homeownership

      Side-by-side duplex in Bristol, ideal for owner-occupant or investment.
      29 Lincoln Pl, Bristol, CT 06010
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    • $495,900
      1,032 SF

      Side-by-Side Units in Bristol, CT

      Single family home and side-by-side units with garages and shed.
      41 Pardee St, Bristol, CT 06010
      View Details

    Similar Nearby for Sale

    • $219,990

      Bristol Two-Family Investment Opportunity

      Two-family property in Bristol with value-add potential.
      21 Addison St, Bristol, CT 06010
      View Details
    • $398,500

      Bristol Multifamily Investment Opportunity

      Three-unit property in Federal Hill neighborhood with income potential.
      17 Grove St, Bristol, CT 06010
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    • $389,000

      Fully Leased Two-Family Home

      Turnkey investment property with steady cash flow in Bristol.
      111 Federal St, Bristol, CT 06010
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    • $425,000

      Bristol Triplex: Investment or Owner-Occupancy

      Three-unit property in good condition, ideal for investors or owner-occupants.
      23 Sunrise Ter, Bristol, CT 06010
      View Details
    • $360,000
      Pending

      Bristol Duplex: Investment and Homeownership

      Side-by-side duplex in Bristol, ideal for owner-occupant or investment.
      29 Lincoln Pl, Bristol, CT 06010
      View Details
    • $495,900
      1,032 SF

      Side-by-Side Units in Bristol, CT

      Single family home and side-by-side units with garages and shed.
      41 Pardee St, Bristol, CT 06010
      View Details

    Similar Nearby for Lease

    • $1,550 /Mo

      Move-In Ready Two Bedroom Apartment

      Charming 2-bedroom apartment with shared backyard and onsite parking.
      88 Shawn Dr, Bristol, CT 06010
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    • $1,800 /Mo

      Renovated Three-Bedroom Apartment For Rent

      Recently renovated three-bedroom apartment with laundry in basement.
      33 Emory Ct, Bristol, CT 06010
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    • $1,750 /Mo

      Updated 3-Bedroom Apartment in Bristol

      Updated 3-bedroom apartment in a desirable Bristol neighborhood.
      25 George St, Bristol, CT 06010
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    • $2,175 /Mo

      Spacious Triplex Unit with Yard

      Triplex unit featuring a large yard and ample storage.
      60 Academy St, Bristol, CT 06010
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    • $1,500 /Mo

      Two Bedroom Apartment For Rent

      Two-bedroom apartment with off-street parking available for rent.
      218 West St, Bristol, CT 06010
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    • $1,500 /Mo

      Remodeled Unit in Federal Hill

      Spacious, remodeled unit in historic Federal Hill neighborhood.
      42 Oakland St, Bristol, CT 06010
      View Details
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    74 Locust St
    Bristol, CT 06010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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