Value-add investors, this cash-flowing 6-unit building is a must-have for your portfolio! well-maintained and located walking distance from bridgeport hospital, you will walk into this investment at an 8.75% cap rate and still have upside to increase your cash flow. the property consists of all 1 bedroom units, most of which have been updated in the last few years. minimal renovations are needed for this investment to run at a 10% cap rate once fully stabilized. full basement with laundry accessible from the first floor. with on-street parking the current option for tenants, a savvy investor may want to turn the spacious backyard into a parking lot, providing additional spots for tenants and creating additional income for the new landlord. with this deal, you can advantage of the rising rental demand in bridgeport, and own a valuable asset in one of connecticut's hottest investment markets.
From I-95: If you're traveling north on I-95, use Exit 27A for Lafayette Boulevard. If you're traveling south on I-95, use Exit 27 for Lafayette Boulevard. Follow the exit ramp and continue on Lafayette Boulevard until you reach White Street.
Sold Real Estate Similar to 49 White, Bridgeport, CT 06610
215 217 Sheridan, Bridgeport, CT
$550,000
2180 2182 Seaview, Bridgeport, CT
$160,000
155 157 Summerfield, Bridgeport, CT
$550,000
599 Arctic, Bridgeport, CT
$410,000
216 220 Brooks, Bridgeport, CT
$530,000
Share
This real estate listing for sale at 49 White has 6 bedrooms, 6 bathrooms, and was built in 1907. It is located in the Bridgeport, CT area with the 06610 zip code. For more info about the property at 49 White, Bridgeport, CT 06610 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.
Mortgage: $3,925
Taxes: $669
Insurance: $0
HOA: $0
Utilities: $0
Downpayment: $144,980
