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Buy a multi-family propertyat 49 White Street, Bridgeport, CT 06610

$749,900

$0/mo

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Multifamily

3,600 Sq. Ft. lot

342 Days on market

170572453 MLS ID

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About 49 White Street multi-family property

Value-Add Investors, your portfolio will thank you! 49 White Street is an incredible 6-unit investment property that presents an excellent opportunity for value-add investors seeking to maximize their returns. Situated in a desirable location right by Bridgeport Hospital, this well-maintained building offers one-bedroom apartments and holds immense potential for rental income growth. Entering the deal at a 6% cap rate with under market rents, you can increase your cash flow and force tons of appreciation by making minimal cosmetic renovations, significantly raising rents to market and stabilizing over an 8 CAP! This prime location ensures a steady demand for rental units. Don't miss out on this investment property that is a sure win for your rental portfolio. Schedule a showing today!
Value-Add Investors, your portfolio will thank you! 49 White Street is an incredible 6-unit investment property that presents an excellent opportunity for value-add investors seeking to maximize their returns. Situated in a desirable location right by Bridgeport Hospital, this well-maintained building offers one-bedroom apartments and holds immense potential for rental income growth. Entering the deal at a 6% cap rate with under market rents, you can increase your cash flow and force tons of appreciation by making minimal cosmetic renovations, significantly raising rents to market and stabilizing over an 8 CAP! This prime location ensures a steady demand for rental units. Don't miss out on this investment property that is a sure win for your rental portfolio. Schedule a showing today!

Property details

Basement

Full

Bathrooms

6 full bathrooms

6.00 total bathrooms

Bedrooms

6 bedrooms

House

New Construction Type: No/Resale

Built in 1907

Concrete

Units on different Floors

Units are Side-by-Side

Cooling

Window Unit

Exterior Features

Vinyl Siding

Foundation

Concrete

Garage

On Street Parking

Heating

Gas In Street

Hot Water

Location

County: Fairfield

Neighborhood: East Side

Lot

0 acres

N/A

Possession

Possession Availability: Yes

Property

3600 heated sqft above grade

3600 total sqft

6 units

6 units

Not Applicable

Roof

Asphalt Shingle

Schools

Elementary School: Dunbar

High School: Warren Harding

Sewer

Public Sewer Connected

Taxes

Year: July 2022-June 2023

Utilities

Fuel Tank Location: In Basement

Hot Water: 40 Gallon Tank

Monthly cost

Estimated monthly cost

$5,641/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$704,906

+$22,497

$727,403

Seller agent commission$22,497 (3%)*

$0 (0%)

Buyer agent commission$22,497 (3%)*

$22,497 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $22,497 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:44 p.m.

Data updated: Jun 8, 2023 at 10:48 a.m.

Courtesy of Micah Bailey, Alpha Capital Realty, LLC.
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Listing Information © 2024 SmartMLS, Inc. All Rights Reserved.

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