$309,000
●
Multifamily -
In Contract
15 Lincoln Place
Bristol, Connecticut 06010
4 Beds
2 Baths
1626 Sqft
$1,873
Estimated Monthly
$0
HOA / Fees
7.16%
Cap Rate
About This Property
Introducing this charming 2-family property, built in 1900, located
in the desirable neighborhood of Federal Hill in Bristol, CT. The
first floor has been recently updated with new floors, a modern
kitchen, and a stylish bathroom, creating a welcoming and
contemporary living space. The second floor also features new
flooring, ensuring a fresh and comfortable ambiance
throughout.Convenience is paramount with off-street parking
available for both units, ensuring hassle-free parking for
residents and their guests. Additionally, each unit includes their
own designated washer/dryer hookups.Recent upgrades (2022) include
a new roof, new PVC plumbing & a new furnace and hot water heater
were also installed in 2022 for the 2nd unit. Currently, the
second-floor unit is leased at $1295 per month, providing a stable
and steady income stream until February 2025. This makes it an
enticing opportunity for investors looking to generate rental
income. The first-floor unit is move-in ready, offering owner
occupants the chance to enjoy comfortable living while benefiting
from the rental income.Don't miss out on this fantastic investment
opportunity.
Unit Size
1,626Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$190
Property Type
Multifamily
Property Taxes
$355
HOA Dues
-
Year Built
1900
Listed By
Michael Lissack
The Virtual Realty Group
Last updated: 15 days ago (Smart MLS #24009172)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 21, 2024 | In contract | - | |
In contract | |||
Apr 9, 2024 | Listed by The Virtual Realty Group | $309,000 | |
Listed by The Virtual Realty Group | |||
Jul 8, 2022 | Sold | $125,000 | |
Sold | |||
Dec 8, 2004 | Sold to Frank Sparacino | $142,000 | |
Sold to Frank Sparacino |
Property Highlights
Parking Details
Garage Features: None
Interior Details
Bedroom Information
Bedrooms: 4
Bathroom Information
Full Bathrooms: 2
Total Bathrooms: 2
Room Information
Total Rooms: 10
Laundry Room Info: Washer/Dryer All Units
Laundry Room Location: Unit 1 basement Unit 2 in unit
Basement Information
Has Basement
Full, Concrete Floor, Full With Hatchway
Exterior Details
Property Information
Total Heated Above Grade Square Feet: 1626
Year Built Source: Owner
Year Built: 1900
Building Information
Foundation Type: Brick, Stone
Roof: Asphalt Shingle
Financial Details
Property Tax: $4,264
Tax Year: July 2023-June 2024
Assessed Value: $140,490
Utilities Details
Cooling Type: Window Unit
Heating Type: Hot Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas, 40 Gallon Tank
Sewage System: Public Sewer Connected
Water Source: Public Water Connected
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
4
Beds
2
Baths
1,539 ft²
$185/ft²
$285,100
Feb 28, 2024
$285,100
Apr 3, 2024
$402/mo
Sold
Multifamily
4
Beds
2
Baths
2,472 ft²
$131/ft²
$325,000
Nov 1, 2023
$325,000
Dec 8, 2023
$430/mo
Sold
House
4
Beds
2
Baths
1,477 ft²
$176/ft²
$260,000
Aug 25, 2023
$260,000
Nov 17, 2023
$355/mo
Sold
Multifamily
5
Beds
2
Baths
1,828 ft²
$156/ft²
$285,000
Oct 15, 2023
$285,000
Dec 18, 2023
$427/mo
Sold
House
4
Beds
2
Baths
1,879 ft²
$181/ft²
$340,000
Sep 28, 2023
$340,000
Jan 29, 2024
$372/mo
Sold
Multifamily
5
Beds
3
Baths
2,677 ft²
$116/ft²
$310,000
Nov 10, 2023
$310,000
Jan 18, 2024
$476/mo
In Contract
House
3
Beds
2
Baths
1,760 ft²
$165/ft²
$289,900
Mar 18, 2024
-
$412/mo
In Contract
House
3
Beds
2
Baths
1,488 ft²
$188/ft²
$280,000
Mar 30, 2024
-
$364/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
About Bristol
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