HomesCondosMultisRentalsCommercialLand
357-359 Norman, Bridgeport, CT 06605
   
357-359 Norman, Bridgeport, CT 06605
RES | Individual apartments | 4,570 Sqft

$1,050,000
151 Days on Market - Active


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.

Real Estate Agent Referral Service
Find the Best Realtor in Bridgeport, CT. Click Here



Details
  • 16 Units
  • 0.11 Acres
  • Built in 1892

Sqft
  • 4570 Total Sqft

Parking
  • 0 Total Spaces

Location
  • Level Lot
  • TOWN,PAVED

Business

    Financials
    • $178,500 Gross Income
    • $122,832 Net Income
    • $55,668 Expenses

    Utilities
    • Hot Air
    • Natural Gas
    • Central Air
    • Public Water
    • Public Sewers

    Taxes
    • $318,400 Assessment
    • 43.45 Mill Rate
    • $13,834 Taxes

    Source
    • CT Smart MLS
    • MLS ID 170605982

    Real Estate Agent


    Map of 357-359 Norman, Bridgeport, CT 06605

    Directions to 357-359 Norman, Bridgeport, CT 06605
    Fairfield Avenue to Norman Street

    Go To Google Maps for Directions


    Mortgage Calculator
    Loan Type: 30yr Fixed   |   Interest Rate: 7.22%   |   Purchase: $1,050,000   |   Downpayment @ 20.00%: $210,000

    Mortgage Payment Estimate
    for a 30yr Fixed Rate Loan

    Monthly
    $6,866


    Monthly Cost Estimate: $6,866
    • Mortgage: $5,713
    • Taxes: $1,153
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    Yearly Cost Estimate: $82,392
    • Mortgage: $68,558
    • Taxes: $13,834
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    30yr Cost Estimate: $2,681,771
    • Mortgage: $2,056,751
    • Taxes: $415,020
    • Insurance: $0
    • HOA: $0
    • Utilities: $0
    • Downpayment: $210,000

    Go To Mortgage Calculator


    Real Estate For Sale Similar to 357-359 Norman, Bridgeport, CT 06605



    Sold Real Estate Similar to 357-359 Norman, Bridgeport, CT 06605

    3442 Fairfield, Bridgeport, CT $451,000


    Share
    Share on FaceBook   Share on LinkedIn   Share on Pinterest   Share on Twitter

    This real estate listing for sale at 357-359 Norman is presently used as with 4570 total sqft and was built in 1892. It is located in the Bridgeport, CT area with the 06605 zip code. For more info about the property at 357-359 Norman, Bridgeport, CT 06605 or if you would like to schedule a showing, please contact the listing agent above.

    Data sourced from CT SMART MLS and was last updated January 01, 1970. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.