Property Description

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.

Features
: Hot air
: Central air
: Full
: Asphalt shingle
: On street parking, Off street parking
Address Map
US
CT
Fairfield
Bridgeport
06605
Norman
357-359
0
W74° 47' 51.4''
N41° 10' 12.7''
MLS Addon
GPS friendly, Diagonally across from the Klein Aud
: Not applicable
: Public water connected
1
157
Per Board of Ed
Per Board of Ed
: Patio
$0
0
: Natural gas
Jim Cullinan
CBRB81
Coldwell Banker Realty
: Park, Medical facilities, Walk to bus lines, Public transportation, Shopping/mall
: No/resale
0
18475
: Public sewer connected
July 2023-June 2024
357
16
0
0
Units on different Floors
RC

Listing courtesy of Jim Cullinan from Coldwell Banker Realty

Multi-family For Sale

357-359 Norman, Bridgeport, Connecticut 06605

0 Bedrooms
0 Bathrooms
4,570 Sqft
$1,050,000
Listing ID #170605984
Basic Details
Property Type : Multi-family For Sale
Listing ID : 170605984
Price : $1,050,000
Bedrooms : 0
Baths Total : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 4,570 Sqft
Year Built : 1892
Lot Area : 0.11 Acre
Status : Active
Property Sub Type : 5 Family+
Agent/Office Info
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