Investor opportunity 6 unit multifamily in Connecticut's largest rental market.
| Website: | https://www.nestseekers.com/5659845 |
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| Address: | 134 George Bridgeport, CT 06604 |
| Ownership: | Multi-Family |
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| 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 -
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1 203-204-9555 | |
| Listing Courtesy of Maureen Pollack of L & S Realty | |