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7 and 451 Upson And Divinity Street, 
Bristol, CT 06010

$2,700,000


20

Beds


20

Baths


11,531

Sq Ft


Multi-Family

Active

Listed by

Sandy Strickling

Sky Realty Group

Last updated:

June 12, 2025, 08:39 PM

MLS#

24103386

Source:

CT

About This Home

7 and 451 Upson And Divinity Street

Prime opportunity to acquire a well-located, stabilized 20-unit multifamily portfolio in Bristol, Connecticut. This offering provides immediate in-place cash flow with strong upside through light value-add improvements. Totaling 20 units across two properties and three physical buildings, the portfolio includes 5-7 Upson Street-a 10-unit complex made up of two side-by-side buildings on a single parcel-and 451 Divinity Street, a 10-unit brick apartment building. The properties are offered at a 7.0% cap rate, with a pro forma cap rate of 8.4%, supported by achievable rent increases and improved operational efficiency. Current average rents of $1,170 are below market, with a pro forma rent of $1,353, representing 15.6% of upside rent potential. 5 Upson is a 2-story brick construction with (8) 1-bedroom units, each with three rooms and a full bath with tub. Electric baseboard heating and individual electric hot water heaters. All utilities are tenant-paid. 7 Upson is a 3-story wood-frame building with vinyl siding with (2) units: (1) 2-bedroom on the first floor and one (1) 3-bedroom unit spanning the second and third floors. Each unit has gas boiler heating and individual gas hot water heaters. Off-street parking and common coin-operated laundry. 451 Divinity Street is 2-story brick apartment building, built in 1965, sits nestled in a 0.55-acre interior lot and includes (10) 1-bedroom units with Off-street parking.

Home Facts

Multi-Family

20 Baths

20 Bedrooms

Built in 1900

Price Summary

2,700,000

$234 per Sq. Ft.

MLS #:

24103386

Last Updated:

June 12, 2025, 08:39 PM

Added:

8 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

20

Bathrooms

Total Bathrooms:

20

Full Bathrooms:

20

Interior

Living Area:

11,531 Sq. Ft.


Structure

Structure

Building Area:

11,531 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

34,848


Finances & Disclosures

Finances

Price:

$2,700,000

Price per Sq. Ft:

$234 per Sq. Ft.

Source:CT
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