340-350 Main Street

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340-350 Main Street

Bridgeport, CT 06604
Asking Price
Contact for price
Asset Type
Apartment Building Mixed-use
Class
Class B

What's Special

Large, Value-Add, Brick Corner in Vibrant South Side Bridgeport! <ul><li>​Tremendous Value-Add Upside : All residential units currently occupied on month-to-month leases at rents below 50% of current market rates, presenting an extraordinary opportunity to dramatically increase cash flow.</li><li>​Stable, Proven Retail Income : All three ground-floor commercial spaces are occupied by long-standing tenants, providing a reliable income foundation with meaningful room for future rent growth.</li><li>​Premium Apartment Configuration : The property's residential c

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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