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305 PARROTT AVE
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building available for purchase in Bridgeport
- Brick construction featuring a total of 16 residential units
- Positioned on a corner lot at 305 Parrott Avenue
- Asset priced for sale at 2,300,000 dollars
- Property features a cap rate of 7.55 percent
What's Special
This multifamily apartment building at 305 Parrott Ave in Bridgeport, CT is currently available for sale, presenting a consistent income-generating asset for residential investors. The property consists of 16 units housed within a brick structure situated on a corner lot. Bridgeport maintains a dense and established rental market within the greater New York City metropolitan area, supported by its ongoing regional economic activity and proximity to key transit corridors. The site benefits from its position within a stable residential submarket, offering proximity to local amenities and transportation networks that appeal to a diverse tenant base. Given the unit count and current market conditions, this building is suited for investors looking to expand their portfolio in a densely populated Connecticut market. The property provides a functional layout for professional management and long-term occupancy strategies in an area that continues to see demand for apartment living.
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