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357-359 Norman Street Bridgeport, CT $ 1,050,000
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$ 1,050,000 Get more info
357-359 Norman Street
$ 1,050,000
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357-359 Norman Street

Bridgeport, CT, 06605
$ 1,050,000
Baths16.0 Sq 4,570

Monthly Estimate*

$ 6,979

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Studio

Commercial Property for sale in Bridgeport, CT

for $1,050,000 with 16 full baths. This 4,570 square foot building was built in 1892 on a lot size of 0.11.

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.

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Commercial Active

Price

$ 1,050,000

Bedrooms

Studio

Full Bath

16

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

0.11

Year Built

1892

Town/City

Bridgeport

MLS | Web ID

170605982
Features
General
Interior Features Fire Suppression System Living Space Available Security System
Exterior Features Lighting Sidewalk
Zoning RC
Full Baths 0
Half Baths 0
Year Built 1892
Neighborhood West End
Heater Type Hot Air
County Fairfield
Present Use Individual apartments
Tax Year July 2023-June 2024
Location Urban Historic Area
Net Operating Income 122832
Property Type Commercial For Sale
Status Active
Acres 0.11
Directions Fairfield Avenue to Norman Street
City Bridgeport
Street Name Norman
Sq Ft Total 4570
DOM 210
Video Tour Y/N 0
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Interior
Cooling System Central Air
Total Rooms 0
Utilities Available Electric Gas Cable Fire Suppression System
Total Bathrooms 0
Total Bedrooms 0
Total Number of Units 16
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Exterior
Water Source Public Water Connected
Garage Parking Off Street Parking On Street Parking
Lot Description Level Lot
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Internal Only
Street Number 1 357
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* Excluded Features
List By
Jim Cullinan

Listing Agent

Coldwell Banker Realty

Broker

jim.cullinan@cbrealty.com

Email

Affordability Calculator

$6,979
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,979
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/15/2024$1,050,000 -20.75% Price Down
11/2/2023$1,325,000 Listed Price

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357-359 Norman Street, Bridgeport, CT, 06605 is a Commercial Property for sale at $1,050,000 with 4,570 sqft and a lot size of 0.11. 357-359 Norman Street is a studio with 16.0 baths and was built in 1892. The property's zip code is 06605 which is in Bridgeport, CT

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