14
See all 14 photos
$1,175,000
Est. payment /mo
12 Beds
6 Baths
5,676 SqFt
Active
509-515 Gregory Street Bridgeport, CT 06604
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Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 5,676 sqft
Price per Sqft $207
MLS Listing ID 24220476
Style Units are Side-by-Side
Bedrooms 12
Full Baths 6
Year Built 1895
Annual Tax Amount $10,149
Lot Size 5,227 Sqft
Property Sub-Type 5 Family+
Property Description
Welcome to 509-515 Gregory Street, Bridgeport, Connecticut, a compelling six-unit multifamily investment opportunity offering attractive in-place cash flow and significant rental upside. Ideally positioned on a prominent corner at Gregory and Rennell Streets in Bridgeport's South Side, this approximately 5,700-square-foot property presents investors with the opportunity to acquire a well-positioned residential asset in an excellent neighborhood in one of the fastest growing rental markets in the US. The property consists of six generously sized apartments, including four 2.5-bedroom units and two 2-bedroom units. These larger-than-average layouts appeal to a broad tenant base and offer a competitive advantage in attracting and retaining residents. All utilities are separately metered, helping minimize owner-paid operating expenses, while a dedicated rear parking area accommodates approximately six vehicles. The property's location further enhances its appeal. Situated within walking distance of Seaside Park, The Hartford Healthcare Ampitheater, the University of Bridgeport, and Downtown Bridgeport, the property benefits from proximity to some of the city's most significant neighborhood amenities and employment centers. These nearby destinations support consistent rental demand from students, university personnel, and working professionals.
Location
State CT
County Fairfield
Zoning RB
Rooms
Basement Full
Interior
Heating Hot Water
Cooling Window Unit
Exterior
Parking Features Driveway, Paved, Parking Lot
Waterfront Description Walk to Water
Roof Type Flat
Building
Lot Description Corner Lot, City Views, Level Lot, Water View
Foundation Brick
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Daniel Shawah • Baldwin Pearson & Co., Inc
NEARBY SCHOOL & BUSINESS
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