About 357-359 Norman Street
Outstanding Investment Opportunity! This apartment building is approximately 4570 square feet with 15 units plus an office unit for property management. Apartments are various sizes, several have separate bedrooms, most are studio/efficiency units. Estimated cap rate is 9.27%. The building has central air, gas heat, security cameras, centralized fire safety, fire suppression in the basement and individual unit mail/key boxes. Originally built in 1892 as 2 duplex homes on land purchased from the estate of PT Barnum. Each side of the building has its own HVAC operation. The property is located across from the Klein Memorial Auditorium (Performing Arts Center), convenient to mass transportation, shopping, parks and beaches.
Features of 357-359 Norman Street
| MLS® # | 170605984 |
|---|---|
| Price | $1,050,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,570 |
| Acres | 0.11 |
| Year Built | 1892 |
| Type | Multi-Family For Sale |
| Sub-Type | 5 Family+ |
| Style | Units on different Floors |
| Status | Active |
Community Information
| Address | 357-359 Norman Street |
|---|---|
| Area | West End |
| City | Bridgeport |
| County | Fairfield |
| State | CT |
| Zip Code | 06605 |
Amenities
| Parking | Off Street Parking, On Street Parking |
|---|---|
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Hot Air, Natural Gas |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Exterior Features | Patio |
| Lot Description | Level Lot |
| Roof | Asphalt Shingle |
| Foundation | Stone |
School Information
| Elementary | Per Board of Ed |
|---|---|
| Middle | Per Board of Ed |
| High | Per Board of Ed |
Additional Information
| Date Listed | November 2nd, 2023 |
|---|---|
| Days on Market | 185 |
| Zoning | RC |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Realty |
|---|