1804-1812 Barnum Ave, Bridgeport, CT 06610

9,993 SF | 100% Leased | Retail Building | Bridgeport, CT 06610 | $1,675,000 ($168/SF) | 6.50% Cap Rate

Asking Price $1,675,000

Property Type: Retail
Square Feet: 9,993 SF
Price / Square Foot: $168

Listing Contacts

Property Info

Property Overview

Great value add opportunity in well maintained building boarding the Bpt/Stratford line. investors take note to this 12 unit mixed use, 6-1 bedroom units, 4-2 bedroom units and 2 store fronts. 8 of 10 apartments have been updated with modern kitchens, tile baths, and vinyl floors. Vinyl windows throughout. 2 gas boilers, 1 newer. Newer high-efficiency water heaters. Coin operated washer/dryer in common area. Updated 600 Amp electric service. Parking lot in rear. Set just minutes to Bpt and Stratford train stations, restaurants and shopping, and all major highways. Below market rents, lots of potential value add by just raising rents.

Property Details

Class: C
Year Built: 1917
Stories: 3
Property Subtype: Storefront
Lot Size (sq. ft): 6,970 SF

Highlights

10 residential units. Value add through rent increases

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