23-27 Bishop Ave, Bridgeport, CT 06607

$1,000,000
16
BD
5
BA
5,274
SqFt

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List Price
$1,000,000
Status
ACTIVE
MLS#
24189853
Year Built
1913
Bedrooms
16
Bathrooms
5
Acres
0.11
Living Area
5,274
Neighborhood
N/A

Property Description

Exceptional investment opportunity in the heart of Bridgeport! A well-maintained multifamily property offering spacious units, strong rental performance, and outstanding income potential. Each unit features 4 generously sized bedrooms, 1 full bathroom, updated kitchens, updated bathrooms, beautiful hardwood flooring throughout, and the convenience of in-unit laundry hookups, providing the comfort and functionality today's tenants are looking for. The property also includes a finished basement with excellent potential for an in-law setup, extended living space, or additional flexibility, buyer to do due diligence. This is a true income-producing asset, currently generating over $10,750 in gross monthly rental income, making it an exceptional addition to any investor's portfolio or an ideal opportunity for an owner-occupant looking to offset living expenses with substantial rental revenue. Ideally located on Bridgeport's East Side, the property offers convenient access to I-95, Route 8, and Route 25, providing an easy commute throughout Fairfield County and beyond. Residents are just minutes from Downtown Bridgeport, the Metro-North train station, the Bridgeport Ferry, Seaside Park, shopping centers, grocery stores, restaurants, schools, healthcare facilities, and public transportation.

Additional Information

Taxes
$11,932
Lot Size
4,791
Heating
Baseboard
Cooling System Type
None
Water Source
Public
Basement
Full, Partial
Exterior Features
Balcony
Garage Spaces
1
Parking Spaces
5
Elementary School
Per Board of Ed
Middle School
Per Board of Ed
High School
Per Board of Ed

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Calculator source: Real Geeks

Listing courtesy of Alexia Andrade from US Asset Realty. (203) 383-9986 (800) 913-1936

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