257 Tunxis Avenue, Bloomfield, CT, 06002 | $599,900

Welcome to 257 Tunxis Avenue, Bloomfield - a rare and versatile three-family property offering exceptional income potential, unique features, and expansive land rarely found in multi-family living. This is not your average investment. . . this is a standout addition to any serious portfolio. Set on an impressive 1. 2-acre lot, this property features a total of eight bedrooms across three well-designed units. Unit one offers a spacious townhouse-style layout with living space both up and down, ideal for maximizing rental appeal and flexibility. The kitchen in this unit is highlighted by rich cherry cabinetry paired with granite countertops, delivering both style and durability. Units two and three are traditional ranch-style layouts, positioned one above the other, providing comfortable, single-level living that tenants consistently seek. Beyond the residential units, the property continues to deliver with additional income-producing and functional assets, including 3. 5 garage bays, as well as a detached two-stall barn with loft-all fully rented. Significant mechanical and structural improvements provide peace of mind, including a $15, 000 dry basement system installed by American Dry Basement Systems, complete with dual linked sump pumps discharging to a dry well in the front yard. The property is serviced by a Buderus boiler and water heater that's approximately 14 years old. Location is key, and this property delivers-just minutes to downtown Bloomfield, a short drive to West Hartford Center, and convenient access to the University of Hartford and surrounding employment hubs, making it highly attractive to tenants. With its unique layout, multiple income streams, expansive land, and strong location, 257 Tunxis Avenue represents a rare opportunity to own a truly distinctive multi-family property with long-term upside.

Features

  • Rooms: 42
  • Baths: 9 full
  • Units: 3
  • Laundry: Basement Hook-Up(s)
  • Style: 3sides - Units Are Side-by-Side
  • Year Built: 1913
  • Garage: 4-car Detached Garage
  • Heating: Hot Water
  • Cooling: None
  • Basement: Full,Unfinished,Sump Pump,Storage,Concrete Floor,Full With Hatchway
  • Above Grade Approx. Sq. Feet: 4,039
  • Acreage: 1.2
  • Est. Taxes: $15,091
  • Lot Desc: Level Lot
  • Elem. School: Per Board of Ed
  • Middle School: Carmen Arace
  • High School: Bloomfield
  • MLS#: 24172287
  • Website: https://www.raveis.com
    /raveis/24172287/257tunxisavenue_bloomfield_ct?source=qrflyer
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Burgio Sousa TeamSales Associates

860.983.0457

BurgioSousaTeam@raveis.com

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Russell BaboffVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1014636

860.463.1745

Russell.Baboff@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

John KirkutisVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1424716

970.390.2521

John.Kirkutis@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Heidi SummaInsurance Sales Director, William Raveis Insurance

860.919.8074

Heidi.Summa@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
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257 Tunxis Avenue, Bloomfield, CT, 06002

$599,900

Burgio Sousa Team

Sales Associates

William Raveis Real Estate

Phone: 860.983.0457

BurgioSousaTeam@raveis.com

Russell Baboff

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.463.1745

Russell.Baboff@raveis.com

NMLS Mortgage Loan Originator ID 1014636

John Kirkutis

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 970.390.2521

John.Kirkutis@raveis.com

NMLS Mortgage Loan Originator ID 1424716

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $479,920 $479,920 $479,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.524% 5.866%
Monthly Tax Payment $1,258 $1,258 $1,258
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,874 $2,994 $3,953
Total Monthly Payment $4,224 $4,344 $5,303

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.