525 Connecticut Avenue, East EndBridgeport, CT 06607MLS Number 170001249

  • Price: $169,000
  • Est. Mortgage of $/month
$
$
%
$/month over payments
Federal 30-year interest rate: 4.03% last updated on Apr 27, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 9Bedrooms
  • 0.11Acreage
  • 3Bathroom
  • 1912Year Built

Driving Directions

Meticulously maintained, turn key, cash flowing legal three family in the East End, the heart of Bridgeport's redevelopment initiative. Pride of ownership is apparent and all units are in great shape as are common grounds. All three units feature five large rooms; three bedrooms, and one bathroom. Mechanicals are in excellent shape and all units are on separate electric and gas meters. Great tenants in place and all leases are currently month to month. All rents are currently below market; first floor pays $1100/mo, second floor pays $850/mo and third floor pays $850/mo. Large detached two car garage can provide additional income as well. Laundry hookups not currently being used located in basement. Roof was replaced two years ago, vinyl siding was completed three years ago and new sewer main was installed last year. All doors upgraded to fire retardant units per city code. Nothing to do but sit back and collect your rent! 20%+ cash on cash return when purchased with 80 LTV loan!

Listed by Michael Kovac of Higgins Group Real Estate

More Info

Basic Information

  • StatusACT
  • List Price$169,000
  • Square Feet4,154
  • HoaNo
  • Lease purchaseNo
  • Units3
  • Property subtype3 Family
  • Property TypeMulti-Family For Sale
  • Acreage0.11
  • MLS Number170001249

Interior

  • Rooms total multifamily18
  • RoofAsphalt Shingle

Exterior

  • ColorYellow
  • Exterior featuresAwnings, Gutters, Porch
  • Exterior sidingVinyl Siding

Utilities

  • Water sourcePublic Water Connected
  • Cooling SystemCeiling Fans, Central Air
  • Hot water description40 Gallon Tank
  • Heating FuelNatural Gas
  • Fuel tank locationNon Applicable
  • Heat SystemBaseboard, Hot Air
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Milrate base54
  • Milrate total54.37
  • Taxes$7,055
  • Tax YearJuly 2017-June 2018
  • Assessed value$129,750

Building

  • Bedrooms9
  • Bathroom3
  • Year Built1912
  • Property Style3updown - Unit(s) per Floor
  • FoundationMasonry, Stone
  • Garage Parking InfoDetached Garage, Paved, Off Street Parking
  • New construction typeNo
  • AtticNo
  • BasementFull, Full With Walk-Out, Partial With Hatchway, Interior Access, Hatchway Access
  • Full Bath3

Water Body

  • Waterfront DescriptionNot Applicable
  • WaterfrontNo

Auction

  • Bank owned propertyNo

School Information

  • Elementary SchoolPer Board of Ed
  • High SchoolPer Board of Ed

Location

  • StateCT
  • Zip06607
  • CountyFairfield
  • NeighborhoodEast End
  • Junior HighPer Board of Ed
  • Middle Junior High SchoolPer Board of Ed

Property

  • Lot DescriptionLevel Lot
  • Driveway TypePrivate, Paved, Asphalt
  • Garage2
  • Parking Spaces0
  • FloodzoneNo
  • SwimmingpoolNo
  • Building ConstructionFrame

Other

  • Space is leasedNo
  • View Count2

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Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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