About 1071 Pembroke Street
Attention Investor's - Welcome to 1071 Pembroke Street. This three-story brick building consists of 15 - 2-bedroom units. Located in Bridgeport CT, with a positive cash flow, where the rental market is very strong. Currently at an 8 percent cap rate with the potential to easily increase to over 11 percent. Tenants are responsible for their own heating, hot water, and electric.
Features of 1071 Pembroke Street
| MLS® # | 170609768 |
|---|---|
| Price | $2,400,000 |
| Bedrooms | 30 |
| Bathrooms | 15.00 |
| Full Baths | 15 |
| Square Footage | 13,949 |
| Acres | 0.21 |
| Year Built | 1882 |
| Type | Multi-Family For Sale |
| Sub-Type | 5 Family+ |
| Status | Under Contract - Continue to Show |
Community Information
| Address | 1071 Pembroke Street |
|---|---|
| Area | N/A |
| City | Bridgeport |
| County | Fairfield |
| State | CT |
| Zip Code | 06608 |
Amenities
| Parking | Parking Lot |
|---|---|
| Is Waterfront | No |
| Waterfront | Beach Rights |
| Has Pool | No |
Interior
| Heating | Hot Air, Natural Gas |
|---|---|
| Cooling | Wall Unit |
| Fireplace | No |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | Level Lot |
| Roof | Other |
| Foundation | Brick |
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | November 11th, 2023 |
|---|---|
| Days on Market | 169 |
| Zoning | RC |
| RE / Bank Owned | No |
Listing Details
| Office | Top Tier Realty Group, LLC |
|---|