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Step right into a strong cash-flowing property at 277 Cottage Street, a turnkey investment opportunity in Bridgeport, Connecticut. This well-maintained 3-family property is situated on a quiet street with a family-friendly park and is conveniently located close to shopping, dining, public transportation, and major highways. Each unit is spacious, with the first two units featuring 3 bedrooms and 1 bathroom, and the top floor unit featuring 2 bedrooms and 1 bathroom. Tenants are currently paying under market rent, providing an excellent opportunity for an investor to increase cash flow. Currently performing over a 7.5% cap rate and still offering value-add opportunity, this is an asset you cannot pass up on. There is a mix of vinyl and hardwood floors throughout, with some tile. There is ample off-street parking available for all tenants. With a solid rental history and an excellent location, this property is perfect for any savvy investor looking to add a profitable asset to their portfolio. Don't miss out on this incredible investment opportunity! Schedule your showing today and see for yourself why 277 Cottage Street is a must-see property in Bridgeport, Connecticut.
Architectural style | units on different floors |
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New construction | no/resale |
Construction year | 1911 |
Exterior Siding | vinyl siding |
Foundation | concrete |
Roof | asphalt shingle |
Current price | $ 452,000 |
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Tax amount | $ 7,808 |
Financing used | cof |
MLS ID | 170566530 |
Listing date: | April 26, 2023 |
Status | closed |
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