This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/20
357-359 Norman Street, Bridgeport, CT 06605
$1,050,000
357-359 Norman Street, Bridgeport, CT 06605View this property at 357-359 Norman Street, Bridgeport, CT 06605
357-359 Norman StreetBridgeportCT06605
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/20
Property Description
Outstanding Investment Opportunity! This apartment building is approximately 4570 square feet with 15 units plus an office unit for property management. Apartments are various sizes, several have separate bedrooms, most are studio/efficiency units. Estimated cap rate is 9.27%. The building has central air, gas heat, security cameras, centralized fire safety, fire suppression in the basement and individual unit mail/key boxes. Originally built in 1892 as 2 duplex homes on land purchased from the estate of PT Barnum. Each side of the building has its own HVAC operation. The property is located across from the Klein Memorial Auditorium (Performing Arts Center), convenient to mass transportation, shopping, parks and beaches.
Full Property Details
Full Property Details for 357-359 Norman St
General
- Price: $1,050,000
- Taxes: (July 2023-June 2024)
- Status: Active
- Type: Commercial
- MLS ID: 170605982
- Updated: 3/15/2024
- Added to Site: 191 day(s) ago
Interior
- Interior Features: Fire Suppression System, Living Space Available, Security System
Rooms
Bathrooms
- Restrooms: 16
Exterior
- Exterior Features: Lighting, Sidewalk
Parking
- Parking: Off Street Parking, On Street Parking
Location
- County: Fairfield
- Neighborhood: West End
- Driving Directions: Fairfield Avenue to Norman Street
Community
- Community Name: West End
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Hot Air, Natural Gas
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas, Cable, Fire Suppression System
Structural Information
- Construction Status: No/Resale
- Roof: Asphalt Shingle
- Stories/Levels: 3
- Stories in Building: 3
- Square Feet: 4,570
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Individual apartments
- Year Built: 1892
Unit Information
- # Tenants: 8
Unit 1
- Unit Description: Efficiency
Unit 2
- Unit Description: 1 Bedroom
Unit 3
- Unit Description: Office
Lot Features
- Lot Size (Acres): 0.11
- Frontage: Municipal Street, Paved Road
- Present Use: Individual apartments
- Zoning: RC
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $318,400
- Tax Year: July 2023-June 2024
Disclosures and Reports
- Documents Avail.: Brochure, Photo/Survey
- Property ID: 18475
Get Pre-Approved Today
Schools
Schools serving 357-359 Norman St
School District:Bridgeport School District
Rating | Name | Grades | Distance |
---|---|---|---|
680 Park Ave, Bridgeport, CT 06604 | PK-8 | 0.4 mi | |
1181 Fairfield Ave, Bridgeport, CT 06605 | 9-12 | 0.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 357-359 Norman St
Date
Details
Price
Change
Source
3/15/2024
Price Reduced
$1,050,000
-20.75%
MLS
11/02/2023
Listed
$1,325,000
3212.5%
MLS
9/19/1996
Sold
$40,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 357-359 Norman St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,834
—
$318,400
—
2022
$13,834
—
$318,400
—
2021
$13,834
5%
$318,400
31%
2020
$13,137
—
$243,320
—
2019
$13,137
-1%
$243,320
—
2018
$13,229
—
$243,320
—
2017
$13,229
—
$243,320
—
2016
$13,229
29%
$243,320
—
2015
$10,268
—
$243,320
—
2014
$10,268
1%
$243,320
—
2011
$10,183
—
$243,320
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 357-359 Norman St
357-359 Norman Street, Bridgeport, CT 06605 (MLS# 170605982) is a Commercial property. 357-359 Norman Street is currently listed for $1,050,000 and was received on November 02, 2023. This property is listed by Jim Cullinan from our Fairfield Office.Want to learn more about 357-359 Norman Street? Do you have questions about finding other Commercial real estate for sale in Bridgeport? You can browse all Bridgeport real estate or contact a Coldwell Banker agent to request more information.