About 52 Colony Street
Investment opportunity in Bristol, CT | 11-unit cash-flowing portfolio consisting of (one) 5-unit (one) 3-unit and (one) 3-unit w/ a garage + 1 additional unit being used for owner storage. 52 Colony is a TOWNHOUSE / SIDE BY SIDE MULTI and centrally adjacent to one another for ease of management. 11-unit price is $1.6M and 14-unit price which includes the additional 3 units at 116 Divinity, Bristol is $1.9M. These properties MUST BE SOLD AS A PACKAGE: 52 Colony St, 53 Norton St, 6 Houghton, and 8 Houghton - 116 Divinity can be purchased at a discounted sale price with the portfolio. Ideal for a 1031 exchange or cash-flow investor looking for a low maintenance investment with minimal renovation needs, in a high-demand rental market. Actual income $204k/year with pro forma rents projected at $261k/year, offering a 7% actual-CAP and 9.8% proforma. Properties are in a good condition with gas and electric heat, plenty of off-street parking, and strong upside with below-market rents. Financials (rent roll, P&L, leases) available upon request with POF or Pre-Approval. Don't miss out on this rare opportunity in one of Bristol's strongest rental corridors.
Features of 52 Colony Street
| MLS® # | 24105135 |
|---|---|
| Price | $490,000 |
| Bedrooms | 9 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,765 |
| Acres | 0.10 |
| Type | Multi-Family For Sale |
| Sub-Type | 3 Family |
| Style | Units are Side-by-Side |
| Status | Active |
Community Information
| Address | 52 Colony Street |
|---|---|
| Area | N/A |
| City | Bristol |
| County | Hartford |
| State | Connecticut |
| Zip Code | 06010 |
Amenities
| Parking | None |
|---|---|
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Hot Water, Natural Gas |
|---|---|
| Cooling | Window Unit |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | Level Lot |
| Roof | Asphalt Shingle, Gable |
| Foundation | Concrete, Masonry |
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | June 20th, 2025 |
|---|---|
| Days on Market | 109 |
| Zoning | R-15/R |
| RE / Bank Owned | No |
Listing Details
| Office | Berkshire Hathaway NE Prop. |
|---|