For Sale

Listed by Tyler Phelps

Source: SmartMLS Connecticut #24198242

11 Lewis St, Bristol, CT, 06010

$499,900

6
3
2175 sq. ft.
0.35 ac.

Duplex

•

What's around 11 Lewis St

About this property

A unique opportunity to make homeownership more affordable! Live in your own detached single-family home while collecting rental income from the duplex that could offset much, or potentially all, of your monthly housing expenses! The property has been thoughtfully maintained over the years, with newer roofing and hot water heaters adding peace of mind. A shared basement provides additional storage and laundry space, with each unit having its own laundry hookups for added convenience. Floor plans reveal an additional room in each unit, offering flexibility for a potential third bedroom, home office, or other use. Outside, the property sits on a generously sized lot with a yard, offering room to relax, garden, or enjoy the outdoors. Off-street parking and a storage shed add even more practicality to this already appealing property. The location adds even more appeal, with convenient access to downtown Bristol, local restaurants, shopping, and everyday amenities. Enjoy nearby attractions such as Lake Compounce Amusement & Water Park, The Carousel Museum, and the American Clock & Watch Museum, or spend time outdoors at Rockwell Park and Page Park. With plenty of local recreation and entertainment options within easy reach, this property offers a desirable setting for tenants and owners alike. Qualified owner-occupant buyers may also be eligible for up to $25,000 in forgivable down payment assistance through CHFA's Time to Own program, potentially making this even more attainable! Recent improvements include a new roof on the duplex (2021), a new roof on the detached single-family home (2023), all hot water heaters approximately two years old, and replacement of the cast-iron plumbing with PVC throughout! **Current Occupancy & Lease Details:** - #11 (Left Duplex): Tenant occupied, month-to-month lease. - #13 (Right Duplex): Tenant occupied, lease through February 2027. - #19 (Detached Single-Family): Vacant and ready for immediate occupancy! **Estimated Market Rental Income:** - #11: $1,900/month - #13: $1,900/month - #19: $2,100/month Total Estimated Market Rent: $5,900/month ($70,800 annually). Rental estimates are provided for informational purposes only and are not guaranteed. Actual rental income may vary. Buyers and their representatives are encouraged to perform their own due diligence regarding leases, rental values, and property improvements.

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