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347 Nichols St, Bridgeport, 06608

Commercial/Investment - Investment, Residential Income For Sale

$2,100,000

Beds
Baths
3,081Sqft
.1Acres
1909Built
128DOM
MLS® #: 170254227
Active, 128 Days on Market

Attention Investors! Amazing opportunity to purchase a commercial package of apartment buildings in Bridgeport offering about a 9.5 CAP rate! This investment package includes 5 buildings, with a total of 23 fully-rented apartments and 1 vacant apartment. Total package NOI over $201K! Located on the East Side, the properties are all within walking distance to Bass Pro Shops and the Steele Point Development, with newer shops, restaurants, on the busline etc. Perfect chance to get in during the early stages of development for this up and coming area! Great upside potential after some repairs and updates. Interested buyers must provide Proof of Income or Pre-approval Letter including proof of down payment, prior to viewing the properties. Owner financing is also available! The other properties included in the commercial package are: ---729-731 and 743 Stillman Street (MLS# 170254135) ---353-359 Nichols Street (MLS# 170254231) ---436-438 Pembroke Street (MLS# 170254205)

Essential Information

MLS® #: 170254227
Price: $2,100,000
Bathrooms: 0.00
Square Footage: 3,081
Acres: 0.10
Year Built: 1909
Type: Commercial/Investment
Sub-Type: Investment, Residential Income
Status: Active

Community Information

Address: 347 Nichols St
Area: East Side
City: Bridgeport
County: Fairfield
State: CT
Zip Code: 06608

Amenities

Utilities: Electric, Gas, Cable Available
Parking: Detached Garage, On Street Parking
Garages: Detached Garage, On Street Parking

Interior

Heating: Hot Water, Natural Gas
Cooling: None

Exterior

Lot Description: Level Topography
Roof: Flat, Tar/Gravel
Construction: Frame
Foundation: Concrete

Additional Information

Date Listed: November 22nd, 2019
Days on Market: 128
Zoning: R

Listing Details

Listing Office: Keller Williams Realty Prtnrs.

Financials

$/SqFt: $682

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©2020 Listings courtesy of the Connecticut Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing data is deemed reliable but is not guaranteed accurate by the MLS.