Listing courtesy of Catherine Aaron (917) 887-3138, Berkshire Hathaway NE Prop. (203) 869-0500
357 Norman Street 359, Bridgeport, (West End), CT, 06605
16 rooms
15 beds
1892
Units on different Floors
4,570 sqft
Excellent Investment Opportunity! This historic and well-maintained apartment building offers an exceptional chance to expand your portfolio with a strong performing asset. Spanning approximately 4,570 sqft., the property features 15 residential units plus an on-site office, ideal for property management convenience. This building offers a varied floor plan of efficient studio units, appealing to a wide range of tenants, each with private bathroom and kitchenette. With an estimated cap rate of 9.8%, this is a rare opportunity for investors seeking both stability and cash flow. Key property features include: * Central air conditioning & gas heat * Separate HVAC systems for each side of the building * Security cameras & centralized fire safety system * Fire suppression system in the basement * Individual mail and key boxes for residents Originally constructed in 1892 as two duplex homes on land acquired from the estate of P.T. Barnum, this building carries unique historical charm while offering modern updates for today's rental market. Perfectly located across from the Klein Memorial Auditorium (Performing Arts Center) and within close reach of I-95 and public transportation, shopping, parks, and beaches, this property provides unmatched convenience for tenants.Don't miss this chance to own a piece of history with strong investment returns!
Status:
Active
Town:
Bridgeport
Type:
Multi-family
Units:
15
Zoning:
RC
Heating:
Hot Water
Cooling:
Central Air
Basement:
Full, Unfinished
Acreage:
0.11
Est. Taxes:
$13,834
Assessment
$318,400
Lot Description:
Level Lot
Elementary School:
Roosevelt
Middle School:
Blackham
High School:
Bassick
Days on Market:
71
MLS #:
24128822
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School Info
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