2768 Fairfield Avenue, Bridgeport, CT, is 0.18 acres of ORS zoned land improved with a +/-5,220rsf mixed-use building. The property is situated on the corner of Fairfield Avenue and Alfred Street in the desirable Black Rock submarket of Bridgeport. The ground floor retail portion, totaling 3,059rsf, is currently vacant. The property is being offered at $525,000 with current occupancy, or $625,000 if the property becomes fully occupied. The second floor is comprised of three (3) apartments totaling +/-2,161rsf. There are two (2), 1-bedroom units and one (1), studio. Additionally, the property has eight (8) rentable garages adjacent to the rear of the building that are currently generating income. The property features two (2) new furnaces and a new HVAC system. Tenants pay all of their own utilities.
This property consists of 6 units which has 2 one BR,1 two BR, 1three BR, a church and a Dr office.
Great Investment Property located on high traffic road. Newly renovated two storefront space, with 5 apartment units: 1 bedroom/1 bath and 4 units of 3-4 bedroom/1 bath. All apartments updated in recent years, and fully occupied. Building has security system which you can monitor from home. Good tenants, Great condition and High return. Needs no work, just collect rent. Don't miss this opportunity. Busy street with high traffic volume.
2 Stores and 8 units apartment mixed-use building. All the apartments have been totally renovated recently. Fully occupied. Management right on the place. Great investment property.
1 acre proposed development of 109 high rise units with 229 on site parking spaces
11 Unit Mixed use property being offered Fully Rehabbed. 11.1% Proforma Cap Rate. *1507 Stratford Ave has 4 - 3 Bedroom apartments & 3 Retail Units with all separate tenant paid utilities, new Electric Service, new gas boilers, new hot water heaters, fire code compliant. All new apartments, kitchens, baths, hallways, electric, heating systems, etc. Off Street Parking * 1531 Stratford Ave has a 2 bedroom, a 3 bedroom and a 4 Bedroom Apartment & 1 Restaurant/Retail Unit. with 2 year old roof and updated kitchens and baths.
Investors, this package includes 9 condo units in a well maintained 16 unit complex with elevator. There are 8 units with 1 bedroom and 1 unit with 2 bedrooms. All are currently rented. Gross rental income is approx. $85,000 per year.
Mixed use building with retail space on the main level and Four (4) two (2) bedroom apartments on the upper levels. Building has gas heat (separately metered), as well as a new roof and updated windows. Approximate Net opertaing income of $47,000.
Three Family Residential 1573 & 1577 Park Avenue - $195,000 - .09 acres Commercial Building 1565 Park Avenue - $375,000 - .018 acres
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Price Upon Req.257,425 SF
302 Apartment Units & 3 retail units 1.5% Vacancy Rate Immediate Upside - Current monthly rental rates are 12% below market HUD Fair Market Rental Rates Purchase well below replacement costs Extremely high barriers to entry 12 of the 14 building have gas heat, 6 were newly converted from oil to high efficiency gas burners. Each Building is between two and three stories, with 12 of the 14 buildings having gas heat, and 6 newly converted from oil to high efficiency gas burners. In addition, one Building was completely renovated within the last five years. Seventy two apartment units feature updated kitchens and / or baths.