Great opportunity to purchase the Jefferson Ave Portfolio, an ensemble of three buildings comprising nine townhouse-style apartments situated in Bristol, Connecticut. This portfolio boasts a favorable unit mix and a historically low vacancy rate. The Jefferson Ave Portfolio consists of (2) 1-bedroom, 1.5-bath units, (5) 2-bedroom, 1.5-bath units, and (2) 3-bedroom, 1.5-bath units. Recent improvements to the buildings include a new roof, updated electrical systems, renovated units, and new hot water tanks. Utilities are individually metered, and tenant paid. Each unit has a full basement with washer dryer hookups. The properties give a new owner the opportunity to acquire an income-producing asset with the ability to raise rents with unit turnovers.
Sold for $1,192,500 on 02/21/24
$1,192,500
62,68 Jefferson Avenue, Bristol, CT 06010
--beds
0baths
8,904sqft
Multi Family
Built in 1966
-- sqft lot
$1,320,900 Zestimate®
$134/sqft
$1,637 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 23, 2024 at 03:24pm
Listed by:
Thuyan Tran,
Oxford Realty
Bought with:
Taylor Anderson, RES.0822601
Tier 1 Real Estate
Source: Smart MLS,MLS#: 170617988

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Basement: Full
Interior area
- Total structure area: 8,904
- Total interior livable area: 8,904 sqft
- Finished area above ground: 8,904
Property
Parking
- Parking features: Paved, Parking Lot, Assigned
Lot
- Size: 0.31 Acres
- Features: Level
Details
- Parcel number: 481056
- Zoning: A
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 3sides - Units Are Side-by-Side
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Location
- Region: Bristol
Services availability

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$1,320,900
2% more+ $26,418
With Zillow Showcase(estimated)
$1,347,318