Properties

Property Description

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!

Features
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
Address Map
Street:
Norman
Street Number:
357
Floor Number:
0
Longitude:
W74° 47′ 49.2”
Latitude:
N41° 10′ 25.7”
MLS Addon
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

15 Bedrooms
0 Bathrooms
4,570 Sqft
$995,000
Listing ID #24128822
Basic Details
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
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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