Well maintained 6 family investment property offering a strong opportunity for both immediate cash flow and long term upside.


Property

Website:https://www.nestseekers.com/5359992
Address:
1389 Pembroke
Bridgeport, CT 06608
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 14 BR
Bathrooms: 6
Area: 6578 sq ft

Financials

Price:$1,425,000
Annual Taxes:$12,722

Description

Well-maintained 6-family investment property offering a strong opportunity for both immediate cash flow and long-term upside. The building features a mix of spacious 2- and 3-bedroom units, all with generous layouts that appeal to quality tenants. Units have been updated/renovated, and the property is currently occupied with good-paying tenants, making this a turnkey addition to any portfolio. Recent capital improvements include a new roof (2022) and updated mechanicals, reducing near-term maintenance concerns. Situated on a corner lot, the property offers excellent curb appeal along with dedicated off-street driveway parking for each unit - not just street parking - a major value-add for tenant convenience and retention. Conveniently located near schools, shopping, and other local amenities, this property benefits from consistent rental demand. A solid asset for investors seeking stable income with additional upside potential.

Amenities

  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Lisa Nussbaum of Top Tier Realty Group, LLC