38 Gridley Street
Bristol, Connecticut

Description:

Exceptional investment opportunity! This well maintained three family property offers spacious 2-bedroom, 1-bathroom units, making it an ideal addition to any portfolio or a fantastic owner-occupied opportunity. Each apartment features a generous living room, designated dining area, and an oversized eat-in kitchen complete with pantry/storage space, providing comfortable and functional living for tenants. The first-floor unit boasts a welcoming open front porch, while the second and third floor units offer enclosed front porches, perfect for year-round enjoyment. Each apartment enjoys an additional enclosed rear porch accessed from the back staircase, adding valuable bonus space for storage or personal enjoyment. Major mechanicals are designed with convenience in mind, including separate gas furnaces and individual electrical panels for each unit, plus an owner's panel. A professionally installed high-end fire alarm system is already in place, and shared laundry is located in the basement. Outside, you'll find a detached four-car garage along with an oversized paved driveway offering ample off-street parking, a rare and highly desirable amenity for a multi-family property. Whether you're looking to grow your investment portfolio or offset your mortgage by living in one unit while collecting rental income from the others, this property delivers strong rental appeal, practical updates, and exceptional income-producing potential. This is an opportunity you don't want to miss!

Listing Courtesy of Tier 1 Real Estate