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$5,400,000
Est. payment /mo
30 Beds
32 Baths
18,578 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 18,578 sqft
Price per Sqft $290
MLS Listing ID 24201999
Style Units on different Floors
Bedrooms 30
Full Baths 32
Year Built 1968
Annual Tax Amount $67,553
Lot Size 0.430 Acres
Property Sub-Type 5 Family+
Property Description
240 OAK STREET | BRIDGEPORT, CONNECTICUT 32-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY An exceptional opportunity to acquire a substantial brick multifamily asset in Bridgeport, Connecticut. 240 Oak Street is a 32-unit apartment building offering investors a diversified residential unit mix consisting of studios, one-bedroom apartments, duplex-style units, and two-bedroom apartments. The property features tenant-paid utilities, providing an attractive operating structure for ownership while helping control utility exposure and ongoing operating expenses. PROPERTY HIGHLIGHTS 32 Residential Units Brick Multifamily Construction Diverse Unit Mix Studios * 1 Bedrooms * Duplexes * 2 Bedrooms Tenant-Paid Utilities Approximately 20 On-Site Parking Spaces On-Site Laundry Conveniently located on the lower level 240 Oak Street represents a compelling opportunity for an investor seeking scale in the Bridgeport multifamily market. With 32 units under one roof, multiple apartment configurations, tenant-paid utilities, dedicated parking and on-site laundry, the property offers a strong combination of existing income-producing fundamentals and long-term investment potential.
Location
State CT
County Fairfield
Zoning RC
Rooms
Basement Full
Interior
Heating Hot Water
Cooling None
Exterior
Parking Features Off Street Parking
Waterfront Description Beach Rights
Roof Type Other
Building
Lot Description Level Lot
Foundation Brick
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Listed by Lisa Nussbaum • Top Tier Realty Group, LLC
NEARBY SCHOOL & BUSINESS
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