Sold for $1,192,500

$1,192,500

62,68 Jefferson Avenue, Bristol, CT 06010

--beds

0baths

8,904sqft

Multi Family

Built in 1966

-- sqft lot

$-- Zestimate^®

$134/sqft

$1,506 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,506/mo

Zestimate^® history

Owner options

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$7,188/mo

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$7,188/mo

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What's special

Renovated unitsUpdated electrical systemsNew roofNew hot water tanks

Great opportunity to purchase the Jefferson Ave Portfolio, an ensemble of three buildings comprising nine townhouse-style apartments situated in Bristol, Connecticut. This portfolio boasts a favorable unit mix and a historically low vacancy rate. The Jefferson Ave Portfolio consists of (2) 1-bedroom, 1.5-bath units, (5) 2-bedroom, 1.5-bath units, and (2) 3-bedroom, 1.5-bath units. Recent improvements to the buildings include a new roof, updated electrical systems, renovated units, and new hot water tanks. Utilities are individually metered, and tenant paid. Each unit has a full basement with washer dryer hookups. The properties give a new owner the opportunity to acquire an income-producing asset with the ability to raise rents with unit turnovers.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Baseboard, Electric

Cooling

None

Appliances

Included: Electric Water Heater

Features

Basement: Full

Interior area

Total structure area: 8,904
Total interior livable area: 8,904 sqft
Finished area above ground: 8,904

Property

Parking

Parking features: Paved, Parking Lot, Assigned

Lot

Size: 0.31 Acres
Features: Level

Details

Parcel number: 481056
Zoning: A

Construction

Type & style

Home type: MultiFamily
Architectural style: 3sides - Units Are Side-by-Side
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Brick
Foundation: Concrete Perimeter
Roof: Asphalt

Condition

New construction: No
Year built: 1966

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Bristol

Financial & listing details

Price per square foot: $134/sqft
Tax assessed value: $217,560
Annual tax amount: $19,800
Date on market: 2/24/2024

Price history

Date	Event	Price
2/21/2024	Sold	$1,192,500-0.6%$134/sqft
Source: Smart MLS #170617988 Report a problem
1/17/2024	Pending sale	$1,200,000$135/sqft
Source: Smart MLS #170617988 Report a problem
1/9/2024	Listed for sale	$1,200,000$135/sqft
Source: Smart MLS #170617988 Report a problem