New Listing - 03/28/2025

$359,900 ($157.16 per sqft)

Est. Mortgage $1,818/mo *

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215 Park Street, Bristol, CT, 06010

215 Park Street, Bristol, CT, 06010
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19 rooms

7 beds

4 Full baths

1905

4updown - Unit(s) per Floor

2,290 sqft

WALK INTO EQUITY WITH THIS AMAZING PRICED FOUR FAMILY that won't last. VALUE ADD!! 9.2% ACTUAL CAP-RATE! 12%+ pro-cap. (1) 2-Bed has a bonus room on the lower level and the top floor (1) bed has 2-additional rooms on the upper level. Three units are month to month tenants with no leases and the second-floor lease expires 06/2025. Owner has had great cash flow and looking to 1031 into a larger portfolio with the sale of 215 Park. Property is being sold AS-IS, where is. Agents and buyers are to conduct their own due diligence on the property. There is slight settling, which is reflected in the price. The property shares a driveway with two other multi-family properties; an area beneath the driveway slab has sunk and is currently being repaired. While repairs are in progress, the driveway is temporarily blocked off but will be fully repaired prior to closing.

Status:

Active

Type:

Multi-family

Units:

4

Zoning:

R15/RM

Heating:

Baseboard

Cooling:

Window Unit

Basement:

Full

Acreage:

0.21

Est. Taxes:

$5,114

Assessment

$160,560

Lot Description:

N/A

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

7

MLS #:

24080231

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Shy Grahame, Berkshire Hathaway NE Prop. Email: shygrahame@bhhsne.com