Our mobile site is optimized for smaller screens.

TRY IT NO THANKS

467 Farmington & Mercier AvenueBristol, CT 06010MLS Number P10225642

  • Price: $1,700,000The price has recently decreased
PrintSave Favorite
Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.94% last updated on 2017-04-27

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • $65,297Gross annual expense
  • $202,603Gross annual income
  • OtherCommercial catagory
  • 36.03Milrate total

This is a 27 unit Brick Apt Bldg all efficiency & one bedroom apts. There are also two retail units that front on Farmington Ave. Now being used as a pawnshop.With one retail unit vacant. The same property includes a residential Bldg that fronts on Mercier Ave . Property show a cap rate of 8.07. Gross Inc-$202603.66 Net operating income -$137306.66. Annualized Expenses-- insurance--12495, Repairs--11802, Taxes--29200, Utilities-- 3200, Tenants Evic--3000, Water--5600-

Listed by Patsy A Nocera of Nocera Realty Group, LLC

Ask A Question

Call: 860-535-8364 or send a message:

Do not fill in this field:

Driving Directions

Your Local Office

Seaboard Properties
108 Water St
Stonington CT, 06378

Office: (860) 535-8364

More Info

Basic Information

  • Broker NameNocera Realty Group, LLC
  • List Price$1,700,000
  • MLS NumberP10225642
  • Property TypeCommercial For Sale
  • StatusACT
  • TownBristol
  • Gross annual expense$65,297
  • Gross annual income$202,603
  • Commercial catagoryOther
  • Also for leaseNo

Interior

  • Interior featuresFire Suppression System, Living Space Available

Other

  • Documents AvailablePhoto/Survey
  • Lease purchaseNo
  • Purchase optionNo
  • Landlord responabilityCommon Area Maintenance, Mechanicals, Real Estate Taxes, Roof Maintenance, Structural Maintenace
  • Inventory includedNo
  • Space is leasedNo
  • View Count1

Tax Information

  • Tax YearJuly 2016-June 2017
  • Milrate total36.03

Building

  • RoofAsphalt Shingle
  • Building ConstructionFrame, Brick
  • AtticNo
  • Garages0
  • FlooringCeramic Tile, Wall-to-Wall Carpet
  • Garage Parking InfoParking Lot
  • Restrooms number of30
  • Stories2
  • Additional space availableNo

Utilities

  • Heat SystemBaseboard
  • Heating FuelElectric, No Fuel, Oil
  • Water sourcePublic Water Connected
  • Fuel tank locationNon Applicable
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Basic Information

  • Agent ID, NOCERAP

Location

  • CountyHartford
  • StateCT
  • Zip06010

Property

  • Lot DescriptionLevel Lot, Open Lot
  • Parking Spaces0
  • Parking spaces uncovered45
  • FloodzoneNo
  • Road Frontage181
  • Environmental assessmentUnknown
  • SwimmingpoolNo

Water Body

  • WaterfrontNo

Auction

  • Bank owned propertyNo

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: