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$995,000
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Property Description
Excellent Investment Opportunity! This historic and well-maintained apartment building offers an exceptional chance to expand your portfolio with a strong performing asset. Spanning approximately 4,570 sqft., the property features 15 residential units plus an on-site office, ideal for property management convenience. This building offers a varied floor plan of efficient studio units, appealing to a wide range of tenants, each with private bathroom and kitchenette. With an estimated cap rate of 9.8%, this is a rare opportunity for investors seeking both stability and cash flow. Key property features include: * Central air conditioning & gas heat * Separate HVAC systems for each side of the building * Security cameras & centralized fire safety system * Fire suppression system in the basement * Individual mail and key boxes for residents Originally constructed in 1892 as two duplex homes on land acquired from the estate of P.T. Barnum, this building carries unique historical charm while offering modern updates for today's rental market. Perfectly located across from the Klein Memorial Auditorium (Performing Arts Center) and within close reach of I-95 and public transportation, shopping, parks, and beaches, this property provides unmatched convenience for tenants.Don't miss this chance to own a piece of history with strong investment returns!
Full Property Details
Full Property Details for 357 Norman St
General
- Price: $995,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24128778
- Updated: 11/26/2025
- Added to Site: 115 day(s) ago
Interior
- Interior Features: Living Space Available
Rooms
Bathrooms
- Restrooms: 15
Exterior
- Exterior Features: Sidewalk, Lighting
Location
- County: Fairfield
- Neighborhood: West End
- Driving Directions: GPS Friendly. Diagonally across from the Klein Auditorium
Community
- Community Name: West End
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Hot Water, Natural Gas
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas, Cable
Structural Information
- Roof: Asphalt Shingle
- Square Feet: 4,750
- Sq. Ft. Source: Public Records
- Year Built: 1892
Unit Information
Unit 1
- Unit Description: Efficiency
Lot Features
- Lot Size (Acres): 0.11
- Frontage: Paved Road
- Zoning: RC
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $318,400
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: None
- Property ID: 18475
Listed by Berkshire Hathaway NE Prop., The Charles Nedder Team, Catherine Aaron
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Schools
Schools serving 357 Norman St
School District:Bridgeport School District
| Name | Grades | Distance |
|---|---|---|
Roosevelt School, Bridgeport, CT 680 Park Avenue, Bridgeport, CT 06604 | PK-8 | 0.5 mi |
Bassick High School 1181 Fairfield Avenue, Bridgeport, CT 06605 | 9-12 | 0.2 mi |
Disclaimer:
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 Norman St
Date
Details
Price
Change
Source
9/23/2025
Listed
$995,000
2387.5%
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 Norman St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,834
—
$318,400
—
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 Norman St
357 Norman Street, Bridgeport, CT 06605 (MLS# 24128778) is a Commercial property. 357 Norman Street is currently listed for $995,000 and was received on September 23, 2025. Want to learn more about 357 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.

