411-431 N Main St | Bristol, CT 06010
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411-431 N Main St
Bristol, CT 06010
411-430 North Main Street | Assumable 3.85% · Multifamily Property For Sale
·
32 Units
INVESTMENT HIGHLIGHTS
- * Assumable debt of $2.26M at 3.85% interest rate - Please ask Broker for more details.
- Attractive Unit Mix of 14 Two-Beds, 12 One-Beds and Six Commercial/Retail Units
- Assumable Property Manager (lives on-site), Off Street Parking and Laundry Facilities located on Site
- Three Mixed-use Brick Assets located on North Main Street in Bristol, Connecticut
- Strong Rental History & Significant Upside to Raise Rents to local Market Rates and Renovate Remaining Apartments
- - Many Capital Improvements including Updated Units, New Boilers, All New Triple-pane Windows, LED Lighting Throughout, & Weatherization of all Units
PROPERTY FACTS
| No. Units | 32 | Building Size | 24,500 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1913 |
| Building Class | C | Parking Ratio | 1.22/1,000 SF |
| Lot Size | 0.93 AC | ||
| Zoning | BD | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.93 AC |
| Building Size | 24,500 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1913 |
| Parking Ratio | 1.22/1,000 SF |
| Zoning | BD |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- On-Site Retail
- Walking/Biking Trails
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 14 | - | - |
| 1+1 | 12 | - | - |
| Studios | 6 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,525,790 | |
| Land Assessment | $176,750 | Total Assessment | $1,702,540 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$176,750
Improvements Assessment
$1,525,790
Total Assessment
$1,702,540
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