Outstanding Investment Opportunity !


Property

Website:https://www.nestseekers.com/3416393
Address:
357-359 Norman
Bridgeport, CT 06605
Ownership: Commercial
Type: Commercial
Area: 4570 sq ft

Financials

Price: $1,050,000
Annual Taxes: $13,834

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

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Courtesy of Jim Cullinan of Coldwell Banker Realty

357-359 Norman Bridgeport CT 06605 USA