The majestic three family home is a great investment opportunity. Centrally located in the Federal Hill section of Bristol, this property will be cash flow positive from day one. All apartments are occupied with long term tenants who have a solid payment history. The apartments are 4 bedrooms, 4 bedrooms, and 3 bedrooms on the top level. The first floor has 9th ceilings and use of the large covered porch in the front of the house. The 2nd floor unit is nicely updated throughout including kitchen, bathrooms, and flooring. The first floor runs off oil heat and the 2nd and 3rd floor are electric. All units have washer dryer hook ups. In the back off the home are 4 off street parking spots plus a two car detached garage. As a bonus, behind the garage is yard for tenants to use at their leisure. The apartments are currently leased on a month to month basis, leaving upside potential on rents for the new owner. Tenants pay their own separate utilities for heat and electricity. The hot water heaters were recently replaced. Multiple offers in highest and best due by 11/22 at 5:00 PM.
Listing courtesy of Ryan D. Smith from Tier 1 Real Estate
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