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Off market
  • $878,200

    255 Main St, Bristol, CT 06010

    --beds
    0baths
    6,720sqft
    Multi Family
    Built in 1904
    -- sqft lot
    $878,200 Zestimate®
    $131/sqft
    $1,912 Estimated rent

    What's special

    Investor's Dream: Welcome to 255 Main Street, a remarkable mixed-use building in the heart of Bristol. This asset is a golden opportunity for savvy investors, offering a blend of residential and commercial income streams. The property features 8 residential units, each approximately 500-550sqft with one bedroom and full bath. Additionally, there are 2 commercial spaces, each around 1000sqft. One is currently leased to Brooklyn Deli & Market. Located just seconds away from Bristol's bustling downtown and directly across from the Bristol Public Library, this building is strategically positioned for growth. Tenants are responsible for electric, heat, and hot water, ensuring lower operational costs for owners. Quality updates include a newer roof, updated kitchens and bathrooms in 7 of the residential units, and freshly painted common areas. Seven of ten water heaters have also been recently replaced. The residential units are at 100% occupancy and are all rented between $700-$900/mo. The proforma for these units is $1000. The property also offers on-street parking and 4 dedicated parking spots in the rear lot. This asset is perfectly positioned to benefit from Bristol's ongoing downtown redevelopment, making it a must-see for any serious investor. Don't miss this chance to own a piece of Bristol's growing economy

    Zillow last checked: 7 hours ago

    Source: Berkshire Hathaway HomeServices New England Properties,MLS#: 170597631MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard
    Features
    • Basement: Yes
    • Has fireplace: No
    Interior area
    • Total structure area: 6,720
    • Total interior livable area: 6,720 sqft

    Property

    Parking
    • Parking features: OffStreet, OnStreet
    • Has uncovered spaces: Yes
    Details
    • Parcel number: BRISM26L185

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1904
    • Major remodel year: 1904

    Community & neighborhood

    Location
    • Region: Bristol
    • Subdivision: N/A
    Services availability
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    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $878,200
    2% more+ $17,564
    With Zillow Showcase(estimated)
    $895,764