11 Addison Street
Bristol, Connecticut

Description:

HIGHEST AND BEST 1PM MONDAY 3/23. Rare investment opportunity in the heart of Bristol (06010) perfectly positioned for a strategic house-hack or a high-yield portfolio addition. This value-add three-family home offers the ultimate stabilization project with most of the structural heavy lifting already complete, including a roof replaced in 2011 on both the main house and the detached garage, along with a fully updated fire alarm system. Investors and owner-occupants will find immediate upside in Unit 1, which is a blank canvas ready for a full renovation to capture top-of-market rents, while Unit 2 requires only minimal cosmetic work for a rapid turnover. The third-floor tenant provides reliable income from day one, though the property can be delivered entirely unoccupied depending on the offer. A standout feature of this property is the massive parking advantage, boasting six assigned off-street spots and a two-car garage-a premium amenity in Bristol that ensures low vacancy and additional revenue potential. Whether you are looking to live in one unit for house hacking or seeking a quick-turn project in a high-demand rental market, 11 Addison Street is a must-see. Group showings only Saturday 10-12 - Sunday 12-130; bring your contractor and your vision to this high-ROI opportunity before it's gone.

Listing Courtesy of William Pitt Sotheby's Int'l