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49 White Street, Bridgeport, CT 06610
$700,000
49 White Street, Bridgeport, CT 06610View this property at 49 White Street, Bridgeport, CT 06610
49 White StreetBridgeportCT06610
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Property Description
Value-Add Investors, this cash-flowing 6-unit building is a MUST-have for your portfolio! Well-maintained and located walking distance from Bridgeport Hospital, you will walk into this investment at an 8.75% cap rate and still have upside to increase your cash flow. The property consists of all 1 bedroom units, most of which have been updated in the last few years. Minimal renovations are needed for this investment to run at a 10% cap rate once fully stabilized. Full basement with laundry accessible from the first floor. With on-street parking the current option for tenants, a savvy investor may want to turn the spacious backyard into a parking lot, providing additional spots for tenants and creating additional income for the new landlord. With this deal, you can advantage of the rising rental demand in Bridgeport, and own a valuable asset in one of Connecticut's hottest investment markets.
Full Property Details
Full Property Details for 49 White St
General
- Sold For: $700,000
- Taxes: (July 2023-June 2024)
- Status: Closed
- Type: Multi-Family
- MLS ID: 170614995
- Added to Site: 184 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Common Laundry Area
Exterior
- Exterior Features: Porch
Parking
- Parking: On Street Parking
Location
- County: Fairfield
- Neighborhood: Mill Hill
- Driving Directions: From I-95: If you're traveling north on I-95, use Exit 27A for Lafayette Boulevard. If you're traveling south on I-95, use Exit 27 for Lafayette Boulevard. Follow the exit ramp and continue on Lafayette Boulevard until you reach White Street.
School Information
- Elementary School: Dunbar
- High School: Warren Harding
Community
- Community Name: Mill Hill
Heating & Cooling
- Cooling Type: Ceiling Fans
- Heating Type: Hot Water, Gas In Street
- Heating Fuel: Gas In Street
- Water Heater: 40 Gallon Tank
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Construction Status: No/Resale
- Exterior Const.: Vinyl Siding
- Basement Desc.: Full
- Roof: Asphalt Shingle
- Attic: Yes
- Square Feet: 3,600
- Above Ground: 3,600 Sq. Ft.
- Year Built: 1907
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Total Bathrooms: 1
- Bedrooms: 1
Unit 6
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.13
- Zoning: RC
- Lot Description: N/A
Financial Considerations
- Assessment Amount: $184,730
- Tax Year: July 2023-June 2024
Disclosures and Reports
- Property ID: 26016
Listed and Sold by Alpha Capital Realty, LLC, Micah Bailey
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Schools
Schools serving 49 White St
School District:Bridgeport School District
Rating | Name | Grades | Distance |
---|---|---|---|
445 Union Ave, Bridgeport, CT 06607 | K-8 | 0.7 mi | |
379 Bond St, Bridgeport, CT 06610 | 9-12 | 0.3 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 49 White St
Date
Details
Price
Change
Source
6/06/2024
Sold
$700,000
-3.43%
MLS
12/14/2023
Listed
$724,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
49 White Street, Bridgeport, CT 06610 (MLS# 170614995) is a Multi-Family property that was sold at $700,000 on June 06, 2024. Want to learn more about 49 White Street? Do you have questions about finding other Multi-Family real estate for sale in Bridgeport? You can browse all Bridgeport real estate or contact a Coldwell Banker agent to request more information.