List Price

$724,900

Status

Cancelled

Type

Multi-Family

Beds

6

Baths

6

Sq. Ft.

3,600

Built

1907

Acres

0.13

$ / Sq. Ft.

$201

FeeKeeper

718

Style

Units on different Floors, Units are Side-by-Side

Taxes

$8,027

Nearby Schools
Neighborhood
Tranquility
Market Insights
Property History

Amazing VALUE-ADD opportunity! 49 White Street is a 6-unit building that presents investors an excellent opportunity to maximize returns. The property offers all one-bedroom apartments, with great potential for rental income growth and a high-quality tenant base with Bridgeport Hospital located right around the corner. Once you fill the two vacant units, this multifamily building performs at a 7.5% cap rate, with room for significant rental growth to perform at almost a 9% cap rate once stabilized. Not only will you MORE than DOUBLE your cash flow and force tons of appreciation by making cosmetic renovations and raising rents to market, but this prime location ensures a steady demand for rental units, too. This is an investment that is a sure win for your rental portfolio, so do not miss out!

Home Tours

Our no-obligation tours are hassle free, just pick a date and time. Open houses are a great way to SAVE, just add to your calendar and show up.
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You Keep The Fee

Estimated rebate calculated using List Price and co-broker commission offered on the MLS. Realtor commission rebates are not available where prohibited by law. See full Terms and Conditions .

$14,498

$724,900 • 2.00%

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Questions

FeeKeeper is here to help, reach out with any questions you may have.

(860) 310-1255

Brokered By

Micah Bailey, Alpha Capital Realty, LLC

  • Last Checked 1 Minute
  • Last MLS Update 1.4 Years

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