NOT LISTED FOR SALE
30 Beds
15 Baths
13,949 Sq Ft
9,148 Sq Ft Lot

Last Sold July 12, 2024

Last sale price $2,200,000 $158 Per Sq Ft

226 Days on Market

Highlights

  • Beach Access
  • 0.21 Acre Lot
  • Level Lot

About This Home

As of July 2024

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.

Last Agent to Sell the Property

Lisa Nussbaum

Top Tier Realty Group, LLC License #REB.0794757 Listed on: 11/11/2023

Last Buyer's Agent

Lisa Nussbaum

Top Tier Realty Group, LLC License #REB.0794757 Listed on: 11/11/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,724

Year Built

  • Built in 1882

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Masonry Siding

Interior Spaces

  • 13,949 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 30 Bedrooms
  • 15 Full Bathrooms

Outdoor Features

  • Beach Access

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas

Community Details

  • 15 Units

Listing and Financial Details

  • Assessor Parcel Number 25734

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,724

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 13949
  • Total Sq Ft: 13949
  • Year Built: 1882
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 19616
  • Directions: Please use GPS
  • Financing Used: Withheld
  • Living Area Sq Ft Per Public Record: 13949
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 30
  • Total Bathrooms: 15
  • Full Bathrooms: 15
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 1071

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Brick
  • Roof Information: Other
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage And Parking: Parking Lot

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.21
  • Lot Description: Level Lot
  • Zoning: RC
  • Parcel #: 25734

Multi Family

  • Total Number Of Units: 15
  • Unit Count: 1

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 23724
  • Total Assessed Value: 546000
  • Mil Rate Total: 43.45

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $2,200,000 -8.3% $158 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
11/11/2023 11/11/23 For Sale $2,400,000 0.0% $172 / Sq Ft
09/19/2021 09/19/21 Rented $1,300 +4.0% --
05/01/2021 05/01/21 Under Contract -- -- --
02/18/2021 02/18/21 For Rent $1,250 -- --
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170609768

SmartMLS

APN: BRID M:48 B:1756 L:17