$490,000

Estimated payment $3,177/month

Total Views 8,793
9 Beds
3 Baths
1,765 Sq Ft
$278 Price per Sq Ft

Highlights

  • Hot Water Circulator
  • Hot Water Heating System
  • Level Lot

About This Home

Investment opportunity in Bristol, CT | 11-unit cash-flowing portfolio consisting of (one) 5-unit (one) 3-unit and (one) 3-unit w/ a garage + 1 additional unit being used for owner storage. 52 Colony is a TOWNHOUSE / SIDE BY SIDE MULTI and centrally adjacent to one another for ease of management. 11-unit price is $1.6M and 14-unit price which includes the additional 3 units at 116 Divinity, Bristol is $1.9M. These properties MUST BE SOLD AS A PACKAGE: 52 Colony St, 53 Norton St, 6 Houghton, and 8 Houghton - 116 Divinity can be purchased at a discounted sale price with the portfolio. Ideal for a 1031 exchange or cash-flow investor looking for a low maintenance investment with minimal renovation needs, in a high-demand rental market. Actual income $204k/year with pro forma rents projected at $261k/year, offering a 7% actual-CAP and 9.8% proforma. Properties are in a good condition with gas and electric heat, plenty of off-street parking, and strong upside with below-market rents. Financials (rent roll, P&L, leases) available upon request with POF or Pre-Approval. Don't miss out on this rare opportunity in one of Bristol's strongest rental corridors.

Listing Agent

Shy Grahame

Berkshire Hathaway NE Prop. License #RES.0813469 Listed on: 06/20/2025

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,930

Year Built

  • Built in 1956

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Brick Exterior Construction
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Masonry Siding
  • Masonry

Interior Spaces

  • 1,765 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 471441

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,930

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 1765
  • Total Sq Ft: 1765
  • Year Built: 1956
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: Per GPS
  • Living Area Sq Ft Per Public Record: 1765
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 52

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Concrete, Masonry
  • Roof Information: Asphalt Shingle Gable
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon 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: 0.1
  • Lot Description: Level Lot
  • Zoning: R-15/R
  • Parcel #: 471441

Multi Family

  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 5930
  • Total Assessed Value: 175700
  • Mil Rate Total: 33.75

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,930 $175,700 $29,960 $145,740
2024 $5,596 $175,700 $29,960 $145,740
2023 $5,332 $175,700 $29,960 $145,740
2022 $4,564 $119,000 $22,680 $96,320
2021 $4,564 $119,000 $22,680 $96,320
2020 $4,564 $119,000 $22,680 $96,320
2019 $4,528 $119,000 $22,680 $96,320
2018 $4,389 $119,000 $22,680 $96,320
2017 $4,641 $128,800 $32,410 $96,390
2016 $4,641 $128,800 $32,410 $96,390
2015 $4,458 $128,800 $32,410 $96,390
2014 $4,458 $128,800 $32,410 $96,390
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $490,000 -- $278 / Sq Ft
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Deed $252,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $705,000 Commercial
Previous Owner $80,000 No Value Available
Previous Owner $90,000 No Value Available
Previous Owner $74,200 No Value Available
Source: Public Records

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Source: SmartMLS

MLS Number: 24105135

SmartMLS

APN: BRIS-000014-000000-000014-058114