Print Listing | TOP END Properties

49 White, Bridgeport, CT 06610
6 Units | 6 Beds | 6 Baths | 3600 Sqft

$724,900
108 Days on Market - Deposit/Show

Value-add investors, this cash-flowing 6-unit building is a must-have for your portfolio! well-maintained and located walking distance from bridgeport hospital, you will walk into this investment at an 8.75% cap rate and still have upside to increase your cash flow. the property consists of all 1 bedroom units, most of which have been updated in the last few years. minimal renovations are needed for this investment to run at a 10% cap rate once fully stabilized. full basement with laundry accessible from the first floor. with on-street parking the current option for tenants, a savvy investor may want to turn the spacious backyard into a parking lot, providing additional spots for tenants and creating additional income for the new landlord. with this deal, you can advantage of the rising rental demand in bridgeport, and own a valuable asset in one of connecticut's hottest investment markets.

From I-95: If you're traveling north on I-95, use Exit 27A for Lafayette Boulevard. If you're traveling south on I-95, use Exit 27 for Lafayette Boulevard. Follow the exit ramp and continue on Lafayette Boulevard until you reach White Street.