Log In/Sign Up
Your email has been sent.
25 St Stephen St, Bridgeport, Ct 15 Unit Apartment Building $2,899,999 ($193,333/Unit) 7.18% Cap Rate Bridgeport, CT 06610
Investment Highlights
- Fully occupied building on quiet street with high renter demand
- Zero deferred maintenance
- Can be purchased together with other multifamily opportunities in Bridgeport- inquire with broker
- Separately metered utilities
- Updated interiors, exteriors, roofing and mechanicals
Executive Summary
Baldwin Pearson & Co., Inc. is pleased to exclusively present 25 Saint Stephens Road Bridgeport, CT, a rare multifamily offering in one of Connecticut's most dynamic real estate markets. This brick building located at the very end of Saint Stephens road, offering tenants a unique combination of privacy, neighborhood appeal, and convenient access to employment, transit corridors, and retail destinations. The property consists of 15 residential units comprised of 10 one-bedroom apartments, two-bedroom apartments, and two studios. The unit mix is well positioned for today's rental market where there is continued, strong demand for attainable workford housing, particularly amongst renters seeking smaller units. Ownership has completed extensive interior and exterior capital improvements, resulting in a well-maintained, turnkey asset with minimal deferred maintenance and separately metered utilities throughout
Property Facts
| Price | $2,899,999 | Building Class | C |
| Price Per Unit | $193,333 | Lot Size | 0.26 AC |
| Sale Type | Investment | Building Size | 9,315 SF |
| Cap Rate | 7.18% | Average Occupancy | 100% |
| No. Units | 15 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1980/2024 |
| Property Subtype | Apartment | Parking Ratio | 2.68/1,000 SF |
| Apartment Style | Mid-Rise | ||
| Zoning | RC - RC | ||
| Price | $2,899,999 |
| Price Per Unit | $193,333 |
| Sale Type | Investment |
| Cap Rate | 7.18% |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 9,315 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1980/2024 |
| Parking Ratio | 2.68/1,000 SF |
| Zoning | RC - RC |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 600 |
| 2+1 | 2 | - | 800 |
| Studios | 3 | - | 450 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Somewhat bikeable
30/100
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
25 St Stephen St, Bridgeport, Ct