Incredible income generating opportunity with this 18 room legal rooming house, fully compliant and positioned for maximum return.
1014 Noble
Bridgeport, CT 06608
Listing
| Web ID: | 5682809 |
|---|---|
| Website: | https://www.nestseekers.com/5682809 |
Property
| 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 $189,000. 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
Phone: +1 203-204-9555
Listing Courtesy of Latasha Eaddy of Eaddy Associates