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.
Property Details
Property Features
Property Information:
Year Built: 1892
Living Area: 4,570 SqFt
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (203) 254-7100
Listing Agent: Jim Cullinan
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Patio
Parking Information:
Attached Garage: No
Parking: Off Street Parking, On Street Parking
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
School Info
Assigned Schools Information:
Bassick High School, Public District Grades 9-12
Roosevelt School, Public District Grades PK-8
Classical Studies Academy, Public District Grades KG-7
Other
Directions Information:
Directions: GPS friendly, Diagonally across from the Klein Auditorium
Price Information
Listing Price Info
Price Summary:
List Price: $1,050,000
Price Per SqFt: $230/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
3
/10
Roosevelt School
680 Park Ave
Distance between this listing and this school0.36 miles
Public District Grades PK-8
4
/10
Classical Studies Academy
240 Linwood Ave
Distance between this listing and this school0.79 miles
Public District Grades KG-7
High School
1
/10
Bassick High School
1181 Fairfield Ave
Distance between this listing and this school0.39 miles
Public District Grades 9-12
Nearby Schools
4
/10
Bryant School
230 Poplar St
Distance between this listing and this school0.74 miles
Public District Grades PK-6
5
/10
McKinley School
60 Thompson St
Distance between this listing and this school1.99 miles
Public District Grades KG-5
10
/10
Holland Hill School
200 Meadowcroft Rd
Distance between this listing and this school2.24 miles
Public District Grades KG-5
Assigned Schools
3
/10
Roosevelt School
680 Park Ave
Distance between this listing and this school0.36 miles
Public District Grades PK-8
4
/10
Classical Studies Academy
240 Linwood Ave
Distance between this listing and this school0.79 miles
Public District Grades KG-7
Nearby Schools
2
/10
Cesar Batalla School
606 Howard Ave
Distance between this listing and this school0.28 miles
Public District Grades PK-8
Assigned Schools
1
/10
Bassick High School
1181 Fairfield Ave
Distance between this listing and this school0.39 miles
Public District Grades 9-12
Nearby Schools
4
/10
The Bridge Academy
401 Kossuth St
Distance between this listing and this school1.38 miles
Public Charter Grades 7-12
1
/10
Central High School
1 Lincoln Blvd
Distance between this listing and this school1.38 miles
The neighbors living near this home have an average income of $24,430. The majority of Bridgeport, CT residents have income less than $35k annually. Typical family type is single, with kids. Residents of this area typically have high school diploma education.
This home is located at 357-359 Norman St in Bridgeport, CT and zip code 06605 in the West End / West Side neighborhood. This 4,570 square foot home, which was built in 1892, sits on a 0.11 acre lot. It has been listed on Rocket Homes since November 02, 2023 and is currently priced at $1,050,000.
Over 42 listings were sold over their listed price in March 2024 in Bridgeport, CT. In the same period over 20 listings were sold below the listed price and 5 listings were sold for the listed 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.