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.
Under contract
Price cut: $24.9K (5/29)
$335,000
215 Park Street, Bristol, CT 06010
7beds
2,290sqft
Est.:
Multi Family
Built in 1905
-- sqft lot
$-- Zestimate®
$146/sqft
$-- HOA
What's special
Bonus room
- 146 days
- on Zillow |
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