357-359 Norman
Bridgeport, CT 06605

Property

Ownership: Commercial
Type: Commercial
Area: 4570 sq ft

Financials

Price: $1,050,000
Annual Taxes: $13,834
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Courtesy of Jim Cullinan of Coldwell Banker Realty

Description

Outstanding Investment Opportunity! This apartment building is approximately 4570 square feet with 15 units plus an office unit for property management. Apartments are various sizes, several have separate bedrooms, most are studio/efficiency units. Estimated cap rate is 9.27%. The building has central air, gas heat, security cameras, centralized fire safety, fire suppression in the basement and individual unit mail/key boxes. Originally built in 1892 as 2 duplex homes on land purchased from the estate of PT Barnum. Each side of the building has its own HVAC operation. The property is located across from the Klein Memorial Auditorium (Performing Arts Center), convenient to mass transportation, shopping, parks and beaches.

Amenities

  • Central Air
  • Elementary School -
  • Fire Suppression System
  • High School -
  • Intermediate School -
  • Lighting
  • Living Space Available
  • Security System
  • Sidewalk

Neighborhood

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Outstanding Investment Opportunity !


    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.