55 Foley Street

multifamily

55 Foley Street

Bristol, Connecticut 6010

Price

$369,900

Price/SF

$207.34/SF

Building Size

1,784 SF

Lot Size

0.13 acres

Year Built

1910

Units

3

Property Description

ATTENTION INVESTORS! EXCEPTIONALLY STRONG RENT ROLL AT THIS PRICE POINT! Fully occupied 3-family near Downtown Bristol generating $4,350/month ($52,200 annually) from two 2-bedroom apartments renting for $1,750 and $1,800, plus an $800 efficiency. This rare income profile offers strong cash flow from day one, with additional upside remaining in the efficiency. Efficiency was renovated in 2024. Property also features a detached 3-bay garage, providing valuable parking and storage. Recent exterior improvements include full power washing and cleanup, painted decks, repaired/replaced stairs and railings, corrected gutter drainage, and aluminum capping of windows and doors for added exterior protection and reduced maintenance. Additional features include updated electrical with 4 separate panels and 3 separate heating systems. Seller is also offering 6-8 Dudley Street, another Bristol 3-family, providing investors the opportunity to purchase either property individually or acquire both as a package. Conveniently located near Downtown Bristol. Sold as-is. One of the parties to the LLC has an active real estate license.

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55 Foley Street
55 Foley Street
55 Foley Street
55 Foley Street
55 Foley Street
55 Foley Street
55 Foley Street
55 Foley Street
55 Foley Street
55 Foley Street
55 Foley Street
55 Foley Street
55 Foley Street
55 Foley Street
55 Foley Street
55 Foley Street
55 Foley Street

Additional Details

Zoning

RT-5

MLS Number

24210254

Property ID

1ba4b34d-f8a4-4b9c-bc6e-fa30b8e4034a

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MLS Information

MLS#: 24210254

Listed by: The Bella Group, LLC

Agent: Nauman Nafees • (860) 634-2233 • realestatesalesking@gmail.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.