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459 Noble Avenue

Bridgeport, CT 06608
  • $450,000
  • STATUS: Closed
  • ON SITE: 370 Days
  • MLS #: 170585441
Sold - 10/13/2023
$450,000
SOLD - 10/13/2023
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,848
    SQFT
  • $0
    $/SQFT
Type:
Multi-Family
Built:
1887
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Value- Add Solid Brick Rooming House Opportunity in Bridgeport. New ownership can realize a 10.8%+ Cap Rate through increased occupancy, modest updates, and increasing rents. This property consists of 3 Studio apartments and 12 individual rooms with kitchenette, refrigerator, and closet. The 12 rooms each have shared access to 2 full bathrooms and a full kitchen. Heat is serviced by a central gas fired boiler and baseboards/radiators throughout. Owner pays for gas heat and hot water, electric, and cleaning. Management is willing to stay on with a new owner. Ample off-street parking in back for about 10 cars. Owner is a Real Estate Licensee.

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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. Copyright 2024 SmartMLS, Inc. Data last updated: 2024-07-23T16:10:33.223.
www.timdentteam.com/homes/141597304
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459 Noble Avenue Bridgeport, CT 06608

  • Price: $500,000
  • Status: Closed
  • On Site: 370 Days
  • Updated: 85 min ago
  • MLS #: 170585441
0
Beds
0
Baths
0
½ Baths
0.16
Acres
3,848
SQFT
$0
$/SQFT
1887
Built
County:
Fairfield
Area:
Bridgeport
Elementary School:
per board of ed
Middle School:
per board of ed
High School:
per board of ed
Property Description
Value- Add Solid Brick Rooming House Opportunity in Bridgeport. New ownership can realize a 10.8%+ Cap Rate through increased occupancy, modest updates, and increasing rents. This property consists of 3 Studio apartments and 12 individual rooms with kitchenette, refrigerator, and closet. The 12 rooms each have shared access to 2 full bathrooms and a full kitchen. Heat is serviced by a central gas fired boiler and baseboards/radiators throughout. Owner pays for gas heat and hot water, electric, and cleaning. Management is willing to stay on with a new owner. Ample off-street parking in back for about 10 cars. Owner is a Real Estate Licensee.
Exterior Features

Direct Waterfront YN No Exterior Features Covered Deck Exterior Siding Brick Garage And Parking PavedOff Street Parking Lot Description Level Lot Parking Total Spaces 10 Roof Information Asphalt Shingle Style Units On Different Floors Swimming Pool YN No Waterfront Description Not Applicable

Interior Features

Attic YN No Basement Description FullUnfinished Cooling System Window Unit Heat Type BaseboardRadiator Sq Ft Est Heated Above Grade 3848 Sq Ft Total 3848 Total Rooms Multi Family 0

Property Features

Agent Owner YN Yes Bank Owned Property No Financing Used Cash Foundation Type ConcreteStone Fuel Tank Location Non Applicable Gross Annual Expense 70716 Gross Annual Income 81909 Heat Fuel Type Natural Gas Home Owners Assocation No Home Warranty Offered YN No Hot Water Description 40 Gallon Tank Intermediate School Per Board Of Ed Net Operating Income 10991 New Construction Type No/Resale Potential Short Sale No Property Sub Type Rooming House Sewage System Public Sewer Connected Total Number Of Units 15 Under Agreement Yn No Water Source Public Water Connected Zoning Rc

Listing information © 2024 Smart MLS
Listing provided courtesy of Tyler Egner of Sky Realty Group: .


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. Copyright 2024 SmartMLS, Inc. Data last updated: 2024-07-23T16:10:33.223.
 
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Tim Dent Team | Coldwell Banker Realty
398 Main Street
Ridgefield CT, 06877