Incredible income generating opportunity with this 18 room legal rooming house, fully compliant and positioned for maximum return.


Property

Website:https://www.nestseekers.com/5682809
Address:
1014 Noble
Bridgeport, CT 06608
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 18 BR
Bathrooms: 4
Area: 4744 sq ft

Financials

Price:$950,000
Annual Taxes:$14,296

Description

Incredible income-generating opportunity with this 18-room legal rooming house, fully compliant and positioned for maximum return. Projected annual income at full capacity $168,300. One room occupied rent-free by on-site property manager. Ideal for investors seeking steady cash flow and minimal vacancies features 16 private rooms 2 efficiency units and 2 shared bathrooms. Average room size: 14' x 15' some bigger. Cash-flowing asset in prime Bridgeport location. Ideal for seasoned or new investors seeking a high-cap rate property with upside in commercial revenue.

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 Latasha Eaddy of Eaddy Associates