Log In/Sign Up
Your email has been sent.
1795 North Avenue Bridgeport, CT 1795 North Ave 15 Unit Apartment Building $2,899,999 ($193,333/Unit) 7.41% Cap Rate Bridgeport, CT 06604
Investment Highlights
- Excellent North End Location
- Building is in excellent interior and exterior condition
- Portfolio Opportunity: Can be acquired separately or packaged with a number of additional multifamily assets in Bridgeport. Inquire with broker
- All tenant paid utilities
- High renter demand unit mix
Executive Summary
Baldwin Pearson & Co., Inc. is pleased to exclusively present 1795 North Avenue, a rare multifamily offering in one of Connecticut's most dynamic real estate markets. This corner brick building commands a highly visible presence at the intersection of heavily trafficked Park Avenue and North Avenue in Bridgeport's North End, featuring 15 residential units comprised of 14 one-bedroom apartments and 1 studio. The unit mix is perfect for today's rental market where smaller unit demand continues to outpace supply. With strong day-one returns already in place, no deferred maintenance, extensive interior and exterior upgrades, and completely separately metered utilities, 1794 North Avenue represents an outstanding opportunity to acquire a highly occupied multifamily asset in excellent condition in a market supported by major employment anchors and limited new supply.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | - | 550 |
| Studios | 1 | - | 450 |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | BRID-001100-000011 | Improvements Assessment | $478,460 |
| Land Assessment | $185,390 | Total Assessment | $663,850 |
Property Taxes
Parcel Number
BRID-001100-000011
Land Assessment
$185,390
Improvements Assessment
$478,460
Total Assessment
$663,850
1 of 22
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
1795 North Avenue Bridgeport, CT | 1795 North Ave