multifamily

1014 Noble Avenue

Bridgeport, Connecticut 6608

Price

$950,000

Price/SF

$200.25/SF

Building Size

4,744 SF

Lot Size

0.11 acres

Year Built

1912

NOI

$161,530

Units

18

Property Description

Incredible income-generating opportunity with this 18-room legal rooming house, fully compliant and positioned for maximum return. Projected annual income at full capacity $189,000. One room occupied rent-free by on-site property manager. Ideal for investors seeking steady cash flow and minimal vacancies features 16 private rooms 2 efficiency units and 2 shared bathrooms. Average room size: 14' x 15' some bigger. Cash-flowing asset in prime Bridgeport location. Ideal for seasoned or new investors seeking a high-cap rate property with upside in commercial revenue.

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1014 Noble Avenue

Additional Details

Zoning

ORN

MLS Number

24197874

Property ID

7898696b-909c-4d8c-8399-805bf5c42791

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MLS Information

MLS#: 24197874

Listed by: Eaddy Associates

Agent: Latasha Eaddy • (203) 209-8936 • Leaddy@eaddyestates.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.