255-257 Main St - Apartments FOR SALE


Bristol, CT 06010- Bristol/Plainville
$999,000 USD
203-915-3803
255-257 Main St, Bristol, CT for Sale
$999,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

255-257 Main St
Bristol, CT 06010
Bristol/Plainville


HIGHLIGHTS

  • Prime Downtown Bristol location.
  • Turnkey asset with minimal deferred maintenance.
  • Updated units, newer roof, newer windows and all new water heaters.
  • Tenant paid utilities. Potential upside through rent increases.

OVERVIEW

The Curtis Building, located at 255 Main Street in Bristol, Connecticut, presents an exceptional turnkey investment opportunity in the heart of a growing market. This 10-unit mixed-use property consists of eight one-bedroom residential units and two retail spaces, all fully occupied with tenant-paid utilities. Seven of the residential units have been recently updated, and the building features newer windows and a newer roof, minimizing any immediate capital expenditures. Situated within walking distance of Bristol Hospital, Federal Hill and positioned in an optimal downtown location, the property is easy to manage and offers strong potential for rent increases without the need for significant additional investment. Bristol’s ongoing downtown revitalization efforts, aimed at attracting thousands of new residents to the area, make this a prime opportunity for investors seeking a stabilized asset with long-term growth potential. With minimal deferred maintenance and a solid tenant base, The Curtis Building is a rare, hassle-free investment in a thriving market.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$105 USD /SF

# OF UNITS

10

PRICE/UNIT

$99,900

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Curtis Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1904

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

BD-1

APN/PARCEL ID

BRIS-000026-000000-000185

ASK ABOUT THIS PROPERTY

Brandon RushColdwell Banker Commercial RealtyMore Info
203-915-3803

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Brandon RushColdwell Banker Commercial RealtyMore Info
203-915-3803

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.