55 Foley Street Bristol, CT 06010

ATTENTION INVESTORS! Hard-to-find value at this price point! Fully occupied 3-family investment opportunity near Downtown Bristol offering strong in-place income plus rental upside. Property consists of two 2-bedroom apartments and one efficiency, currently generating $3,750/month ($45,000 annually). The second-floor HAP-assisted unit rents for $1,700/month, while the first-floor rent has never been increased, providing future upside. Efficiency apartment was renovated in 2024. A detached 3-bay garage is a major added feature, providing valuable parking/storage and long-term value. Additional features include updated electrical with 4 separate panels and 3 separate heating systems. Recent exterior improvements include painting, power washing, railing repairs and refreshed stairs. Coin-operated laundry equipment is located in the basement; operating condition is unknown. Seller's market-rent analysis supports potential residential rents of approximately $4,200-$4,550/month. Conveniently located near Downtown Bristol. Sold as-is. One of the parties to the LLC has an active real estate license.