$1,295,000
PENDING

Estimated payment $8,007/month

Total Views 33,746
11 Beds
7 Baths
4,410 Sq Ft
$294 Price per Sq Ft

Highlights

  • Property is near public transit
  • Balcony
  • Baseboard Heating
  • Corner Lot
  • Public Transportation
  • Private Driveway

About This Home

Rare find! Own your own condominium complex! Amazing 8 unit condo complex located on the Bridgeport / Stratford line. 7 of the 8 units are included in this sale (given you full control of the building and association). This well-laid-out building has secure password access, garage spaces for all units, direct access to the Boston Avenue corridor, is walking distance to schools, shopping, entertainment, and bus lines. Only 4 minutes away from Bridgeport Hospital! All units are currently rented to great long-term tenants (who would like to stay). Low taxes, easy maintenance, and tremendous upside to add value. This is an investment dream. Whether you are a seasoned investor, or just starting to build your portfolio... you'll love the strong CAP rate! Some units have been updated with hardwood floors, granite counter tops, white shaker cabinets, Brazilian tile work, premium fixtures, stainless steel appliances, and crown molding. There is a bonus manager apartment in the lower level (that has the potential to be converted into a full rental unit). Additional Notes: Updated vinyl siding, new garage doors, all units have electric heat and hot water (tenants pay their own electric bill). Association responsible for water, sewer, and trash removal. These are 7 separate condo units being sold as a package. Each unit has its own deed, field card, and tax record. All 7 units must sell as a package.

Listing Agent

Daniel D. Thomas

D. Thomas Homes License #REB.0788398

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,933

Year Built

  • Built in 1975

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 4,410 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Full Bathrooms

Parking

  • 7 Car Garage
  • Private Driveway

Outdoor Features

  • Balcony

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 2717284

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, sewer, insurance
  • 7 Units

Additional Features

  • Public Transportation
  • Gross Income $120,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,933

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Neighborhood: East End
  • Property Type: Multi-Family For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 4410
  • Total Sq Ft: 4410
  • Year Built: 1975
  • New Construction: No/Resale
  • Nearby Amenities: Medical Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Directions: GPS Friendly
  • Spec Assoc Asses: No
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 11
  • Total Bathrooms: 7
  • Full Bathrooms: 7
  • Basement Description: Full, Partially Finished
  • Laundry Room Location: Washer / Dryer Hook Up in Basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 70
  • Other SqFt Description: Square footage includes the 7 units being sold.

Exterior Features

  • Exterior Features: Balcony
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 7
  • Driveway Type: Private
  • Total Parking Spaces: 9
  • Garage And Parking: Attached Garage, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Other
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Sewer, Insurance

Schools

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

Lot Info

  • Acres: 0.13
  • Lot Description: Corner Lot
  • Zoning: Residential
  • Parcel #: 2717284

Multi Family

  • Gross Annual Income: 120600
  • Net Operating Income: 98716
  • Total Number Of Units: 7

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 9933
  • Total Assessed Value: 228620
  • Mil Rate Total: 43.45

MLS Schools

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

Map

Range of Values:

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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
01/24/2025 01/24/25 Pending -- -- --
12/28/2024 12/28/24 For Sale $1,295,000 -- $294 / Sq Ft
Source: SmartMLS

Source: SmartMLS

MLS Number: 24065546

SmartMLS