StatusAccepting Backup Offers (Under Contract - Continue to Show)
About 1071 Pembroke St
Attention Investor's - Welcome to 1071 Pembroke Street. This three-story brick building consists of 15 - 2-bedroom units. Located in Bridgeport CT, with a positive cash flow, where the rental market is very strong. Currently at an 8 percent cap rate with the potential to easily increase to over 11 percent. Tenants are responsible for their own heating, hot water, and electric.
Property Details
Property Features
Property Information:
Year Built: 1882
Living Area: 13,949 SqFt
Listing Office:
Office Name: Top Tier Realty Group, LLC
Office Phone: (203) 521-5339
Listing Agent: Lisa Nussbaum
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 15
Total Bedroom Count: 30
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Beach
Parking Information:
Attached Garage: No
Parking: Parking Lot
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.21 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Wall Unit(s)
School Info
Assigned Schools Information:
Harding High School, Public District Grades 9-12
Waltersville School, Public District Grades PK-8
Classical Studies Academy, Public District Grades KG-7
Other
Directions Information:
Directions: Please use GPS
Price Information
Listing Price Info
Price Summary:
List Price: $2,400,000
Price Per SqFt: $172/SqFt
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Housing Market Comparison
See how this home compares to others in Bridgeport, CT.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
2
/10
Waltersville School
95 Gilmore St
Distance between this listing and this school0.43 miles
Public District Grades PK-8
4
/10
Classical Studies Academy
240 Linwood Ave
Distance between this listing and this school1.80 miles
Public District Grades KG-7
High School
1
/10
Harding High School
1734 Central Ave
Distance between this listing and this school0.59 miles
Public District Grades 9-12
Nearby Schools
4
/10
Beardsley School
500 Huntington Rd
Distance between this listing and this school0.78 miles
Public District Grades PK-6
2
/10
Edison School
115 Boston Ter
Distance between this listing and this school0.88 miles
Public District Grades KG-6
2
/10
Hall School
290 Clermont Ave
Distance between this listing and this school0.95 miles
Public District Grades KG-6
Assigned Schools
2
/10
Waltersville School
95 Gilmore St
Distance between this listing and this school0.43 miles
Public District Grades PK-8
4
/10
Classical Studies Academy
240 Linwood Ave
Distance between this listing and this school1.80 miles
Public District Grades KG-7
Nearby Schools
4
/10
New Beginnings Inc. Family Academy
510 Barnum Ave
Distance between this listing and this school0.18 miles
Public Charter Grades KG-8
Assigned Schools
1
/10
Harding High School
1734 Central Ave
Distance between this listing and this school0.59 miles
Public District Grades 9-12
Nearby Schools
5
/10
Achievement First Bridgeport Academy
655 Stillman St
Distance between this listing and this school0.27 miles
Public Charter Grades KG-11
4
/10
The Bridge Academy
401 Kossuth St
Distance between this listing and this school0.47 miles
The neighbors living near this home have an average income of $33,529. Typical income of Bridgeport, CT residents is less than $35k annually. Residents typically live in single, with kids family. The most common level of education of people living in this area is high school diploma.
This home is located at 1071 Pembroke St in Bridgeport, CT and zip code 06608 in the East Bridgeport neighborhood. This 13,949 square foot home, which was built in 1882, sits on a 0.21 acre lot. Features: 30 bedrooms, 15 bathrooms. It has been listed on Rocket Homes since November 12, 2023 and is currently priced at $2,400,000.
In March 2024, from all listings sold in Bridgeport, CT there were more than 42 sold above asking price, over 20 sold below and more than 5 were sold right at the asked price. In March 2024 in Bridgeport, CT there were 6.8% more homes for sale than in February 2024. In March 2024 median list price was $334,950 and the average listing age was 60 days.
From Rocket Homes Real Estate and based on county public records data.