Address
420 Pembroke Street Bridgeport, CT
Price
$ 485,000
Property Attributes
  • MLS#170382451
  • TypeMulti-Family
  • CountyFAIRFIELD
  • CityBridgeport
  • Zip06608
  • StyleUnits on different Floors,Units are Side-by-Side
  • Year Built1902
  • Taxes13394
  • Price$ 485,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7698
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Keller Williams Prestige Prop.
Data Source:
GFC CMLS and CTMLS (SmartMLS)
Property Description

JUST LISTED! 10% CAP RATE! A 6-Unit Mixed-Use Commercial Building located steps away from Brass Pro Shop and near the new amphitheater and Steel Point. There are Four 3-Bedroom Residential Apartments and 2 Retail Storefront commercial units. (1 in use, 1 used as storage currently) All residential tenants want to remain and are month-to-month. One tenant is also the superintendent of the building. The retail store has 3 years left on their lease. TOTAL CURRENT GROSS INCOME: $69,600. TOTAL POTENTIAL GROSS INCOME: $79,200 (Potential for a 12% CAP RATE) w/the leasing of the unoccupied retail store for $800 per month. (The space was previously used for storage but is no longer. It is approximately 1,000 SF). Each apartment is $1,000 per month. The retail store income is $1,800 per month. The deli/grocery w/kitchen is leased (and not for sale). It is an active business with customers going in and out to buy groceries, pick up prepared hot food and sandwiches, lottery, etc. (see photos) There is a common restroom for the 2 stores to have use of. Photos show 2 of the 4 residential units and the active retail deli/grocery, as well as, the common area and basement. The Interior is in fair to good condition depending on the unit. The apartments are spacious with large rooms with some featuring hardwood floors, tile or carpeting. Total retail is 2,684SF per town records.Separate utilities. On street parking but also a couple of parking spaces are off street in rear of building.

Elementary School High School
Per Board Of Ed Elementary School Per Board Of Ed High School
Price History
3/23/2021 Listed $485,000

General Features

Acres 0.1000
Elementary School Per Board of Ed
High School Per Board of Ed
Neighborhood N/A
New Construction Type No/Resale
Property Type Multi-Family For Sale
Status Active
Style Units on different Floors, Units are Side-by-Side
Sub Type 5 Family+
Tax Year July 2020-June 2021
Waterfront Description Not Applicable
Year Built 1902
Year Built Source Public Records
Zoning R1

Interior Features

Basement Description Full
Cooling System Wall Unit
Fuel Tank Location Above Ground
Heat Fuel Type Oil
Heat Type Radiator
Hot Water Description Domestic
Sq Ft Est Heated Above Grade 7698
Sq Ft Total 7698
Total Baths 0.00
Total Numof Units 6

Exterior Features

Foundation Concrete
Garage Parking Info Off Street Parking
Lot Description N/A
Roof Information Flat
Sewage System Public Sewer Connected
Siding Shingle
Water Source Public Water Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 06608

Price
AVG $360K
$490K
Taxes
AVG $7,218
$13,394
Visits
AVG 25
6
Year Built
AVG 1908
1902

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