Property
| Ownership: | Multi-Family |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | 7 BR |
| Bathrooms: | 5 |
| Pets: | Pets Unknown |
| Area: | 3312 sq ft |
FinancialsPrice: $499,900 Annual Taxes: $6,900
| Price: | $499,900 |
|---|---|
| Annual Taxes: | $6,900 |
DescriptionPRICED TO MOVE! Investment opportunity in Bristol! This fully rented 5 unit building offers a ton of market upside and is producing an almost 8% cap rate on entry with a potential to become an 11.7% by simply bringing rents up to market value. With a variety of units, this home features one, 3- bedroom unit, three, 1- bedroom units and a studio apartment with separate meters and the potential for a 6th unit in the attic. Newly updated fire alarm system has been installed along with fire rated doors throughout. The back area provides plenty of driveway space and a large storage shed along with wooded privacy. Two units are on lease until next year (2025) and 3 units are currently MTM. This is a rare opportunity that is sure to go. Don't wait!
Amenities- Elementary School - Per Board of Ed
- High School - Per Board of Ed
- Intermediate School -
- Window Unit
PRICED TO MOVE! Investment opportunity in Bristol! This fully rented 5 unit building offers a ton of market upside and is producing an almost 8% cap rate on entry with a potential to become an 11.7% by simply bringing rents up to market value. With a variety of units, this home features one, 3- bedroom unit, three, 1- bedroom units and a studio apartment with separate meters and the potential for a 6th unit in the attic. Newly updated fire alarm system has been installed along with fire rated doors throughout. The back area provides plenty of driveway space and a large storage shed along with wooded privacy. Two units are on lease until next year (2025) and 3 units are currently MTM. This is a rare opportunity that is sure to go. Don't wait!
- Elementary School - Per Board of Ed
- High School - Per Board of Ed
- Intermediate School -
- Window Unit
PRICED TO MOVE ! Investment opportunity in Bristol !
DescriptionPRICED TO MOVE! Investment opportunity in Bristol! This fully rented 5 unit building offers a ton of market upside and is producing an almost 8% cap rate on entry with a potential to become an 11.7% by simply bringing rents up to market value. With a variety of units, this home features one, 3- bedroom unit, three, 1- bedroom units and a studio apartment with separate meters and the potential for a 6th unit in the attic. Newly updated fire alarm system has been installed along with fire rated doors throughout. The back area provides plenty of driveway space and a large storage shed along with wooded privacy. Two units are on lease until next year (2025) and 3 units are currently MTM. This is a rare opportunity that is sure to go. Don't wait!
Amenities- Elementary School - Per Board of Ed
- High School - Per Board of Ed
- Intermediate School -
- Window Unit
PRICED TO MOVE! Investment opportunity in Bristol! This fully rented 5 unit building offers a ton of market upside and is producing an almost 8% cap rate on entry with a potential to become an 11.7% by simply bringing rents up to market value. With a variety of units, this home features one, 3- bedroom unit, three, 1- bedroom units and a studio apartment with separate meters and the potential for a 6th unit in the attic. Newly updated fire alarm system has been installed along with fire rated doors throughout. The back area provides plenty of driveway space and a large storage shed along with wooded privacy. Two units are on lease until next year (2025) and 3 units are currently MTM. This is a rare opportunity that is sure to go. Don't wait!
- Elementary School - Per Board of Ed
- High School - Per Board of Ed
- Intermediate School -
- Window Unit
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