Description
Prime turnkey investment opportunity in the sought-after Federal Hill neighborhood of Bristol, CT! This well-maintained, fully occupied three-unit property-with an additional rented space on the third level-is already generating strong income, making it an excellent addition to any investor's portfolio. Recent improvements include the installation of a new owner's meter, three hybrid water heaters, a new furnace, updates to the deck, and a remodeled second-floor apartment, ensuring long-term efficiency and reduced maintenance concerns. With tenant-paid utilities and on-site parking, this property provides a steady income stream with strong rental demand. Its prime location within walking distance of Bristol Hospital and close proximity to major highways, public transportation, and local amenities make it highly desirable to tenants, supporting consistent occupancy and reliable rental income. The combination of strong in-place income, recent capital improvements, and a sought-after location makes this a secure asset that will continue to attract quality tenants, resulting in a stable, long-term investment.
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8BEDS
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0.18ACRES
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4BATHS
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11/2 BATHS
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3,112SQFT
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$160$/SQFT
School Information
Description
Prime turnkey investment opportunity in the sought-after Federal Hill neighborhood of Bristol, CT! This well-maintained, fully occupied three-unit property-with an additional rented space on the third level-is already generating strong income, making it an excellent addition to any investor's portfolio. Recent improvements include the installation of a new owner's meter, three hybrid water heaters, a new furnace, updates to the deck, and a remodeled second-floor apartment, ensuring long-term efficiency and reduced maintenance concerns. With tenant-paid utilities and on-site parking, this property provides a steady income stream with strong rental demand. Its prime location within walking distance of Bristol Hospital and close proximity to major highways, public transportation, and local amenities make it highly desirable to tenants, supporting consistent occupancy and reliable rental income. The combination of strong in-place income, recent capital improvements, and a sought-after location makes this a secure asset that will continue to attract quality tenants, resulting in a stable, long-term investment.
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