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.
Listing courtesy of Nauman Nafees from The Bella Group, LLC. (860) 634-2233 (860) 868-0639
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc.