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Listed price in listed location currency (USD).
$1,264,000

13100

MLS® 24162205

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $13,603
Days Active 15
Lot Size 
Approx. Age 1900
MLS® Number 24162205

Property Address: 7 Upson St, Bristol, CT, 06010-6261

Average square foot calculated using Size range provided by listing agent.

Description

5-7 Upson St is a 10-unit multifamily offering an attractive opportunity to acquire scale at a strong basis in Bristol, CT. With a current NOI of $98, 059 and an actual cap rate of 7.8%, the property offers upside potential to a 9.3% cap on a proforma basis. Strategically located just 20 miles southwest of Hartford and within two hours of New York City and Boston, Bristol combines affordability with access to regional employment hubs, attracting a steady renter base. The city's economy is anchored by ESPN and supported by healthcare, advanced manufacturing, and financial services, while ongoing Downtown Bristol and Centre Square redevelopment initiatives enhance the live-work-play environment. High occupancy, limited housing supply, and rising rents create a favorable environment for multifamily investors seeking both immediate income and long-term appreciation. A strong debt service coverage (1.67 proforma) and projected ROI up to 14.9%, this turnkey 10-unit asset represents a rare investment opportunity in a high-demand Central Connecticut rental market.
MLS® Number24162205
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementPartial, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 25, 2026List Date
$1,264,000List Price
  • Commute

Commute

Starting Address
Destination Address
7 Upson St, Bristol, CT

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