165 Barnum Ave Bridgeport, CT 06608

Enormous four family house that has proven to be a reliable and profitable rental property. Located close to all public transport, shopping, and other amenities. Fully renovated in 2010, the house has modern mechanicals and layouts. The large rental income ($5,400 per month) comes from a high bedroom count (rents like a six family without the additional hassle) and spacious units with high ceilings. Upper two units are duplexes (four bed and five bed) each with two full baths. All of the apartments offer impressive space and ceiling height throughout, family rooms are large and the bedrooms are quiet. Glorious hardwood in most of the living rooms and non-working fireplaces. Black and stainless appliances in the kitchens including a dishwasher and a microwave hood vent. Ample counter and cabinet space. Separate wash alcove in each apartment containing the two machines. Modern furnace and water heater in the basement, gas-powered. Tenants pay electric and gas that is separately metered. Municipal trash pick up. Reserved parking spaces (seven total) in the parking lot in the rear of the house could also be rented out (likely $350 per month additional income). Owner expense limited to common area electrical (a few bulbs), water/sewer, landscaping and snow removal, insurance. Net income exceeds $40,000 per year including a generous capital reserve for equipment and roof depreciation.