357-359 Norman Street

Bridgeport, CT 06605

$1,050,000
Price
—
Beds
4,570 Sq. Ft.
$230 / Sq. Ft.
4,570
Sq. Ft.
$230
per Sq. Ft.

Description

Outstanding Investment Opportunity! This apartment building is approximately 4570 square feet with 15 units plus an office unit for property management. Apartments are various sizes, several have separate bedrooms, most are studio/efficiency units. Estimated cap rate is 9.27%. The building has central air, gas heat, security cameras, centralized fire safety, fire suppression in the basement and individual unit mail/key boxes. Originally built in 1892 as 2 duplex homes on land purchased from the estate...Outstanding Investment Opportunity! This apartment building is approximately 4570 square feet with 15 units plus an office unit for property management. Apartments are various sizes, several have separate bedrooms, most are studio/efficiency units. Estimated cap rate is 9.27%. The building has central air, gas heat, security cameras, centralized fire safety, fire suppression in the basement and individual unit mail/key boxes. Originally built in 1892 as 2 duplex homes on land purchased from the estate of PT Barnum. Each side of the building has its own HVAC operation. The property is located across from the Klein Memorial Auditorium (Performing Arts Center), convenient to mass transportation, shopping, parks and beaches.
  1. Listed by Jim Cullinan • Coldwell Banker Realty
    P: (203) 554-6432 C: (203) 554-6432 jim.cullinan@cbrealty.com

Property Details for 357-359 Norman Street

Basement Description
Full
Direct Waterfront
No
Garages Number
0
Neighborhood
West End
Style
Units on different Floors
Garage Parking Info
Off Street Parking, On Street Parking
Swimming Pool
No

Location

Listing Courtesy of Coldwell Banker Realty, Jim Cullinan
Add your commute
LISTING UPDATED: 04/08/2024 08:25 PM

Property Details for 357-359 Norman Street

StatusActive
MLS #170605984
Days on Market178
Taxes$13,834 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1892
Lot Size0.11 AC / 4,791 SF
CountyFairfield County

Location

Listing Courtesy of Coldwell Banker Realty, Jim Cullinan
Add your commute

Building Information for 357-359 Norman Street

Stories-Residences16Year Built1892Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$6,883 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,730

Property Taxes

$1,153

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 357-359 Norman Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS friendly, Diagonally across from the Klein Auditorium
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Per Board of Ed
  • Latitude: 41.173806
  • Longitude: -73.203016
  • Middle Jr High School: Per Board of Ed
  • Neighborhood Amenities: Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $13,834
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Patio
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Walk-up
  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Home Automation: Security System
  • Laundry Room Info: Basement Hook-Up(s)
  • Laundry Room Location: basement hook ups
  • Rooms Total: 0
Property
Property and Assessments
  • Color: yellow
  • Construction Description: Frame
  • Driveway Type: None
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Fuel Tank Location: Non Applicable
  • Gross SQFT Per Public Records: 7610
  • Handicap Features: Multiple Entries/Exits
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1892
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 4570
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 18475
  • Sq Ft Est Heated Above Grade: 4570.0
  • Sq Ft Total: 4570.0
  • Zoning: RC
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 63600
  • Gross Annual Income: 175500
  • Net Operating Income: $111,900
  • Occupied By: Tenant
  • Total Number of Units: 16
  • Total Rooms Multi Family: 0
Building Details
  • Unit Count: 0

Schools near 357-359 Norman Street

This home is within Bridgeport School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Roosevelt School
PublicPK to 8

Bassick High School
Public9 to 12

Classical Studies Academy
PublicPK to 8

Bridgeport Military Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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357-359 Norman Street is a multi-family home for sale in Bridgeport, CT 06605. This property was listed for sale on November 2, 2023 by Coldwell Banker Realty, it's currently listed at $1,050,000. This listing's school district is Bridgeport School District. Nearby schools include Roosevelt School, Bassick High School and Classical Studies Academy. 357-359 Norman Street is a 0-bed, 0-bath, 4,570 sqft multi-family home built in 1892.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty, Jim Cullinan

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.