Unique Investment Opportunity Two Income Producing Buildings on One Parcel !
199 Riverside
Bristol, CT 06010
Listing
| Web ID: | 5718458 |
|---|---|
| Website: | https://www.nestseekers.com/5718458 |
Property
| Ownership: | Multi-Family |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | 4 BR |
| Bathrooms: | 3 |
| Area: | 2172 sq ft |
Financials
Price:$600,000
Annual Taxes:$9,677
Description
Unique Investment Opportunity - Two Income-Producing Buildings on One Parcel! This versatile property offers an excellent opportunity for an investor or owner-occupant, featuring a 3-family residential home plus a separate 4-unit commercial building with ample on-site parking. All residential and commercial units are currently rented, providing immediate rental income. The 3-family home consists of two one-bedroom apartments on the first floor and a two-bedroom apartment on the second floor. One of the first-floor units has been completely renovated and features new windows. Recent improvements include a new porch in 2025, new PEX plumbing throughout all apartments, and two newer electrical panels, water heaters and heating units approximately five years old. The separate 4-unit commercial building offers excellent flexibility for a variety of business uses, with one unit having been completely renovated. Plenty of on-site parking with two entrances adds convenience for both residential and commercial occupants. Located on Riverside Avenue, an area undergoing revitalization by the Town. A rare opportunity to own seven income-producing units encompassing both residential and commercial uses on one parcel.
Amenities
- Elementary School - Per Board of Ed
- High School - Per Board of Ed
- Intermediate School -
- Window Unit
Contact
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Phone: +1 203-204-9555
Listing Courtesy of Leslie Bishop of Northwest CT Realty