Investor opportunity 6 unit multifamily in Connecticut's largest rental market.


Property

Website:https://www.nestseekers.com/5659845
Address:
134 George
Bridgeport, CT 06604
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 12 BR
Bathrooms: 6
Area: 7143 sq ft

Financials

Price:$799,000
Annual Taxes:$12,323

Description

Investor opportunity: 6-unit multifamily in Connecticut's largest rental market. Currently grossing $91,368 annually with five of six units occupied. The sixth unit is vacant; leased at in-place rents. All tenancies are month-to-month with rents below market, allowing a new owner to reposition on a normal notice cycle rather than waiting out long-term leases. No gut renovation required, kitchen 1 is roughed and ready for your design. The immediate area is being actively built up: a new athletic facility has recently opened nearby, and a new apartment building is under construction two blocks away, signs of continued reinvestment in the neighborhood. The property is walkable to the train station, shopping, and a house of worship on the same street, offering strong appeal for a tenant base that values car-free convenience. Bridgeport itself offers Metro-North access to Grand Central and continued downtown and waterfront investment. Sold as-is.

Amenities

  • Elementary School - Columbus
  • High School - Bassick
  • Intermediate School -

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Maureen Pollack of L & S Realty