NOT LISTED FOR SALE

Estimated Value: $500,000 - $540,218

8 Beds
4.5 Baths
3,112 Sq Ft
$167/Sq Ft Est. Value

Last Sold March 18, 2025

Last sale price $512,500 $165 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,344/month

15 Days on Market

Highlights

  • Attic
  • Central Air
  • Hot Water Heating System
  • Shed
  • Hot Water Circulator
  • 5-minute walk to Federal Hill Green

About This Home

As of March 2025

Prime turnkey investment opportunity in the sought-after Federal Hill neighborhood of Bristol, CT! This well-maintained, fully occupied three-unit property-with an additional rented space on the third level-is already generating strong income, making it an excellent addition to any investor's portfolio. Recent improvements include the installation of a new owner's meter, three hybrid water heaters, a new furnace, updates to the deck, and a remodeled second-floor apartment, ensuring long-term efficiency and reduced maintenance concerns. With tenant-paid utilities and on-site parking, this property provides a steady income stream with strong rental demand. Its prime location within walking distance of Bristol Hospital and close proximity to major highways, public transportation, and local amenities make it highly desirable to tenants, supporting consistent occupancy and reliable rental income. The combination of strong in-place income, recent capital improvements, and a sought-after location makes this a secure asset that will continue to attract quality tenants, resulting in a stable, long-term investment.

Last Agent to Sell the Property

Brandon Rush

Coldwell Banker Commercial NRT License #RES.0824703 Listed on: 02/05/2025

Coldwell Banker Commercial NRT

Last Buyer's Agent

Jessica Boswell

LPT Realty License #RES.0807833

LPT Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,807

Year Built

  • Built in 1900

Lot Details

  • 7,841

Parking

  • 6 Parking Spaces

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,112 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Central Air
  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Electric Water Heater
  • Fuel Tank Located in Basement

Additional Features

  • Shed
  • 7,841 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 479324

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,807

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3112
  • Total Sq Ft: 3112
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: GPS
  • Financing Used: Private
  • Living Area Sq Ft Per Public Record: 3112
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: Yes
  • Street Number Modifier: 37

Exterior Features

  • Exterior Features: Shed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 6
  • Garage And Parking: None, Paved, Off Street Parking, Unpaved

Utilities

  • Cooling System: Central Air, Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Electric, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Upright Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.18
  • Lot Description: N/A
  • Flood Zone: No
  • Zoning: R-15
  • Parcel #: 479324

Multi Family

  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6807
  • Total Assessed Value: 213710
  • Mil Rate Total: 31.85

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Mar 17, 2025
Sold by
Rlr Realty Llc
Bought by
37-39 Goodwin St Llc
Seller's Agent
Brandon Rush
Coldwell Banker Commercial NRT
Buyer's Agent
Jessica Boswell
LPT Realty
List Price
$499,000
Sold Price
$512,500
Premium/Discount to List
$13,500
2.71%
Views
92
Current Estimated Value
$519,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,055
Avg. Annual Appreciation
0.21%
Original Mortgage
$358,700
Outstanding Balance
$357,793
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,259

Purchase Details

Listed on
Apr 29, 2023
Closed on
Jun 28, 2023
Sold by
Devin Peter
Bought by
Rlr Realty Llc
Seller's Agent
Sean McGlone
Precision Realty LLC
Buyer's Agent
Brandon Rush
Coldwell Banker Commercial NRT
List Price
$424,900
Sold Price
$365,000
Premium/Discount to List
-$59,900
-14.1%
Views
165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.81%

Purchase Details

Closed on
Apr 12, 2005
Sold by
Michaud Joan
Bought by
Devin Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,100
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
37-39 Goodwin St Llc $512,500 None Available
37-39 Goodwin St Llc $512,500 None Available
Rlr Realty Llc $365,000 None Available
Rlr Realty Llc $365,000 None Available
Devin Peter $258,500 --
Devin Peter $258,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 37-39 Goodwin St Llc $358,700
Closed 37-39 Goodwin St Llc $358,700
Previous Owner Devin Peter $248,000
Previous Owner Devin Peter $245,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $512,500 +2.7% $165 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $499,000 +36.7% $160 / Sq Ft
06/29/2023 06/29/23 Sold $365,000 -14.1% $117 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $424,900 -- $137 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,196 $213,220 $32,620 $180,600
2024 $6,807 $213,710 $32,620 $181,090
2023 $6,486 $213,710 $32,620 $181,090
2022 $5,339 $139,230 $24,710 $114,520
2021 $5,339 $139,230 $24,710 $114,520
2020 $5,339 $139,230 $24,710 $114,520
2019 $5,207 $136,850 $24,710 $112,140
2018 $5,047 $136,850 $24,710 $112,140
2017 $5,016 $139,230 $35,280 $103,950
2016 $5,016 $139,230 $35,280 $103,950
2015 $4,819 $139,230 $35,280 $103,950
2014 $4,819 $139,230 $35,280 $103,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24072192

SmartMLS

APN: BRIS-000025A-000000-000027B