ResidentialMultiCondoCommercialRentalLand
   
111 Vanguard St, Bridgeport, CT 06606
5 Beds   |   4 Baths   |   1,868 Sqft

$399,900
17 Days on Market

Only one year young. this property was built in 2018 - 2019 and purchased by the current owner strictly as an investment. the property is currently rented to university students at a monthly income of $3,200 per month. for any future investor looking to buy this property, the town allows for four unrelated tenants as per city code. the current amount of rent for a scholastic rental in the area is at $800.00 per month per student. that said, the yearly income that an investor should factor in when determining their amount of their offer in order to be within that code should be based upon an annual income of $38,400. the basement however does have a legal living room, bedroom and bath should one consider buying it as an owner occupant (see certificate in the attachment section), however, that type of purchase should possibly be delayed until no sooner than april 1st if the buyer will be seeking a mortgage since the tenants leases must be honored through may 31st of 2021. this of course would not apply should the owner occupant purchaser be a "cash buyer" thereby taking on the tenants until such time that the leases do expire and they are then able to occupy the property. the legal amount of related people is eight.


Details
8 Rooms | 0.19 Acres | 1 Garage(s) | Built in 2018

Additional Details
Colonial  | 0 Fireplaces

Location
Level Lot

Utilities
Central Air  | Public Water  | Natural Gas Hot Water

Taxes
$173,410 Assessment | 53.99 Mill Rate | $9,362 Taxes

Schools
Per Board of Ed Elementary | Per Board of Ed Middle | Per Board of Ed Intermediate | Per Board of Ed High

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Listing Agent
Coldwell Banker Realty | Len Nicoletti | (203) 640-7172

This real estate listing for sale at 111 Vanguard St has 5 bedrooms, 4 bathrooms, and was built in 2018. It is located in the Bridgeport, CT area with the 06606 zip code. For more info about the property at 111 Vanguard St, Bridgeport, CT 06606 or if you would like to schedule a showing, please contact the listing agent above.

Data sourced from CT_SMARTMLS and was updated December 02, 2020.