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Massive Value-Add Potential! Welcome to 213 Harral Ave, a remarkable 4-unit investment property that offers a savvy investor the chance to capitalize on its incredible value-add potential. Nestled in the heart of Bridgeport, this property presents an exciting canvas for those looking to enhance their real estate portfolio and maximize returns with a 9% cap rate pro forma. Current rents are well under market, providing a lucrative opportunity to significantly raise rents after making some light cosmetic renovations to each unit. The property offers plenty of off-street parking, mechanicals in good shape and laundry hook-ups in each unit. Come check out this deal you will not want to pass on!
| Architectural style | units on different floors, units are side-by-side |
|---|---|
| New construction | no/resale |
| Construction year | 1887 |
| Exterior Siding | vinyl siding |
| Foundation | concrete |
| Roof | asphalt shingle |
| Current price | $ 500,000 |
|---|---|
| Tax amount | $ 7,619 |
| Tax year | july 2023-june 2024 |
| Financing used | cof |
| MLS ID | 170592854 |
| Listing date: | August 23, 2023 |
| Status | closed |
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