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357-359 Norman Street, Bridgeport CT 06605

Current Price: $1,050,000

0 beds 0 baths 4570 sq. ft

Last Update: 5/9/2024

Property Type: Multi-Family For Sale

Public Remarks

Outstanding Investment Opportunity! This apartment building is approximately 4570 square feet with 15 units plus an office unit for property management. Apartments are various sizes, several have separate bedrooms, most are studio/efficiency units. Estimated cap rate is 9.27%. The building has central air, gas heat, security cameras, centralized fire safety, fire suppression in the basement and individual unit mail/key boxes. Originally built in 1892 as 2 duplex homes on land purchased from the estate of PT Barnum. Each side of the building has its own HVAC operation. The property is located across from the Klein Memorial Auditorium (Performing Arts Center), convenient to mass transportation, shopping, parks and beaches.

Map to Property at 357-359 Norman Street, Bridgeport CT 06605


GPS friendly, Diagonally across from the Klein Auditorium

Residential Property Information for 357-359 Norman Street, Bridgeport CT 06605

MLS #: 170605984

Style: Units on different Floors

Color: yellow

Total Rooms:

Bedrooms: 0

Bathrooms: 0

Acres: 0.11

Year Built: 1892 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $13,834

Zoning: RC

Mil Rate:

Assessed Value: $318,400 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 4570; below grade sq feet total is ; total sq ft is 4570

Features
Laundry Location & Info: Basement Hook-Up(s)  basement hook ups
Fireplaces: 0
Home Automation: Security System
Attic: Walk-up
Basement Desc.: Full
Exterior Siding: Vinyl Siding
Exterior Features: Patio
Foundation: Stone
Roof: Asphalt Shingle
Parking Spaces: 0
Driveway Type: None
Garage/Parking Type: Off Street Parking,On Street Parking
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Level Lot
Nearby Amenities: Medical Facilities,Park,Public Transportation,Shopping/Mall,Walk to Bus Lines
In Flood Zone: 0
Occupied: Tenant
Utility Information

Hot Water System Domestic

Heat Type: Hot Air

Fueled By: Natural Gas.

Cooling: Central Air

Fuel Tank Location: Non Applicable

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle: Per Board of Ed

High School: Per Board of Ed

Marketing History

Current List Price: $1,050,000

Original List Price: $1,325,000

DOM: 188

Listing Date: 11/2/2023

Last Updated: 3/15/2024 9:56:52 PM