5 unit mixed use investment opportunity featuring two separate buildings with strong income potential and excellent long term upside.


Property

Website:https://www.nestseekers.com/5594783
Address:
5 Wolcott
Bristol, CT 06010
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 9 BR
Bathrooms: 5
Area: 4672 sq ft

Financials

Price:$525,000
Annual Taxes:$11,453

Description

5 unit mixed-use investment opportunity featuring two separate buildings with strong income potential and excellent long-term upside. The residential building consists of four rental units with a variety of floor plans, appealing to a broad tenant base. The property has been well maintained and offers a fully fenced yard, ample paved off-street parking, and an unfinished basement that provides valuable storage. Unit mix includes two 2-bedroom units, one spacious 3-bedroom unit, and one 1-bedroom unit, creating a desirable blend of apartment options with plenty of upside for obtaining market rents. Each unit offers its own unique layout and character. The second building is a standalone commercial storefront positioned along South Street and currently occupied as a dog grooming business over 25 years. With approximately 1,040 square feet, the commercial space adds an additional income stream and enhances the property's overall investment appeal. Conveniently located near major highways, shopping, restaurants, entertainment, and everyday amenities, the location makes attracting and retaining tenants easy. This is a versatile mixed-use property with multiple income sources in a growing and desirable Bristol location. Properties will convey "as is".

Amenities

  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School - Per Board of Ed
  • Lighting
  • Sidewalk

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Michelle Lorenzetti of Premier Re Group LLC