See all 40 photos
$999,000
Est. payment /mo
18 Beds
8 Baths
5,888 SqFt
Active
34 Park Street Bridgeport, CT 06608
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Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 5,888 sqft
Price per Sqft $169
MLS Listing ID 24103517
Style Units on different Floors,Units are Side-by-Side
Bedrooms 18
Full Baths 8
Year Built 1877
Annual Tax Amount $9,951
Lot Size 6,098 Sqft
Property Sub-Type 5 Family+
Property Description
10% CAP at ENTRY!!! Just off Barnum Avenue and less than one block away from Washington Park in the middle of Bridgeport's East Side neighborhood. The property features 7 rental units, tenant paid Heat and Electric and off street parking. Consisting of (1) 5 bedroom, (2) 3 bedrooms, (3) 2 bedrooms and a 1 bedroom. There are some very strong rents in place, with full market rents yielding a 21% ROI. Should be noted that all metrics above assume a fully discounted underwrite with 15% allocated to vacancy, maintenance and management. So all figures are conservative in nature. Don't wait, this won't last.
Location
State CT
County Fairfield
Zoning C
Rooms
Basement Full
Interior
Heating Hot Air
Cooling None
Exterior
Parking Features None
Waterfront Description Not Applicable
Roof Type Flat
Building
Lot Description Level Lot
Foundation Brick
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Connor Wenchell • VC Property Group, LLC