ATTENTION INVESTORS! Hard-to-find value at this price point! Fully occupied 3-family investment opportunity near Downtown Bristol offering strong in-place income plus rental upside. Property consists of two 2-bedroom apartments and one efficiency, currently generating $3,750/month ($45,000 annually). The second-floor HAP-assisted unit rents for $1,700/month, while the first-floor rent has never been increased, providing future upside. Efficiency apartment was renovated in 2024. A detached 3-bay garage is a major added feature, providing valuable parking/storage and long-term value. Additional features include updated electrical with 4 separate panels and 3 separate heating systems. Recent exterior improvements include painting, power washing, railing repairs and refreshed stairs. Coin-operated laundry equipment is located in the basement; operating condition is unknown. Seller's market-rent analysis supports potential residential rents of approximately $4,200-$4,550/month. Conveniently located near Downtown Bristol. Sold as-is. One of the parties to the LLC has an active real estate license.

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More Info

Basic Information

StatusActive
List Price$369,900
Square Feet1,784
Units3
Property subtype3 Family
Property TypeMulti-Family For Sale
Acreage0.13
MLS Number24210254

Property

Lot DescriptionLevel Lot
Parking Spaces6

Exterior

Exterior featuresBalcony
Exterior sidingVinyl Siding

Amenities

Amenities
- Commuter Bus
- Library
- Medical Facilities
- Playground/Tot Lot
- Public Rec Facilities
- Public Transportation
- Walk to Bus Lines

Legal

ZoningRT-5

Tax Information

Milrate total35
Tax YearJuly 2026-June 2027
Assessed value$131,250
Taxes$4,633

Location

StateCT
Zip06010
CountyHartford
Building Number55

Interior

Rooms total multifamily13
RoofAsphalt Shingle
Rooms13

Utilities

Water sourcePublic Water Connected
Cooling SystemWindow Unit
Hot water descriptionElectric, 30 Gallon Tank
Heating FuelNatural Gas
Heat SystemHot Water
Sewage systemPublic Sewer Connected

School Information

Elementary SchoolPer Board of Ed
High SchoolPer Board of Ed

Rooms

Laundry room infoBasement Hook-Up(s), Coin Op Laundry

Building

Bedrooms5
Bathroom3
Year Built1910
Garage Spaces3
Property Style3updown - Unit(s) per Floor
FoundationConcrete, Masonry
Garage Parking InfoDetached Garage, Off Street Parking
New construction typeNo/Resale
BasementFull
Full Bath3

Water Body

Waterfront DescriptionNot Applicable

Other

Remarks addendumThree legal residential units consisting of two 2-bedroom apartments and one efficiency. Property is fully occupied with current residential rents totaling $3,750/month. First-floor 2BR rents for $1,250/month and has never had a rent increase. Second-floor 2BR is HAP-assisted at $1,700/month. Efficiency rents for $800/month and was renovated in 2024. Seller's market-rent analysis supports approximately $1,650-$1,750/month for the first-floor 2BR, $1,650-$1,750/month for the second-floor 2BR, and $1,000-$1,150/month for the efficiency, for total potential residential rents of approximately $4,300-$4,650/month. Market rents and future income are projections only and should be independently verified by buyer. Additional features include a detached 3-bay garage, updated electrical with four separate panels, and three separate heating systems. Two boilers are located in the basement, with the third-floor unit served by its own natural-gas heating system located within the unit. Recent exterior improvements include painting, power washing, railing repairs and refreshed stairs. Coin-operated laundry equipment is located in the basement; seller makes no representation regarding its current operating condition. Owner currently pays water and common-area electric.
Date Listed10/04/2026

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Amo Realty - Connecticut Apartments