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!
- Heating System:
- Hot Water
- Cooling System:
- Central Air
- Basement:
- Full, Unfinished
- Foundation Type:
- Stone
- Heat Fuel Type:
- Natural Gas
- Exterior Siding:
- Vinyl Siding
- Fireplaces Total:
- 0
- Parking Total Spaces:
- 0
- Hot Water Description:
- Other
- Lot Description:
- Level Lot
- Water Source:
- Public Water Connected
- Street:
- Norman
- Street Number:
- 357
- Floor Number:
- 0
- Longitude:
- W74° 47′ 49.2”
- Latitude:
- N41° 10′ 25.7”
- Office Name:
- Berkshire Hathaway NE Prop.
- Agent Name:
- Catherine Aaron
- List Agent MLSID:
- 843285
- List Office MLSID:
- BHHS135
- Tax Year:
- July 2025-June 2026
- Directions:
- GPS Friendly. Diagonally Across from Klein Auditorium
- Elementary School:
- Roosevelt
- High School:
- Bassick
- HOA Fee Amount:
- $0
- Parcel Number:
- 18475
- Property Tax:
- $13,834
- Virtual Tour:
- Click Here
- Zoning:
- RC
Multi-family For Sale
357 Norman, Bridgeport, 06605
- Property Type :
- Multi-family For Sale
- Listing Type :
- For Sale
- Listing ID :
- 24128822
- Price :
- $995,000
- Bedrooms :
- 15
- Baths Total :
- 0
- Bathrooms :
- 0
- Half Bathrooms :
- 0
- Square Footage :
- 4,570 Sqft
- Year Built :
- 1892
- Lot Area :
- 0.11 Acre
- City:
- Bridgeport
- Zipcode:
- 06605
- Property Sub Type :
- Rooming House
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
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