$365,000
$340,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
2,304 SqFt
SOLD DATE : 02/08/2024
Key Details
Sold Price $365,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,304 sqft
Price per Sqft $158
MLS Listing ID 170611138
Sold Date 02/08/24
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1952
Annual Tax Amount $8,390
Lot Size 8,276 Sqft
Property Description
The North End Advantage: The North End of Bridgeport is renowned for its appeal, safety, and community vibe, making it a sought-after location for students and families alike. This adds to the attractiveness of the property for potential renters or owner occupants. The location of this property is a major highlight. Situated close to Sacred Heart University, it stands as an ideal accommodation option for students. This proximity ensures a consistent demand for rentals, making it a lucrative investment for those interested in the student rental market. Size and Layout: With 5 bedrooms and 3 bathrooms spread across two units, a large backyard and deck, this property offers flexibility and space, accommodating a range of rental needs. Whether for individual students or groups, the layout is perfectly suited for a comfortable living experience. Investment Benefits Steady Rental Income: Given its location and features, this property promises a stable and potentially lucrative rental income. Appreciation Potential: Real estate in Bridgeport, especially in the North End, has shown consistent appreciation. Investing in this area can yield significant returns in the long term. Light Rehab Opportunity: This property can be made ready quickly for immediate occupancy with a few interior fixes. This property represents a fantastic opportunity for anyone looking to expand their portfolio with an asset that offers both immediate rental income and long-term growth potential.
Location
State CT
County Fairfield
Zoning RA
Rooms
Basement Full, Fully Finished
Interior
Heating Baseboard
Cooling None
Fireplaces Number 1
Exterior
Exterior Feature Patio
Garage Detached Garage
Garage Spaces 1.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot, Lightly Wooded
Foundation Brick
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Winthrop
High Schools Central
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Bought with Irsannia Y. Gallardo • eRealty Advisors, Inc.