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Welcome to 37-39 Austin Street, Bridgeport, Connecticut, an attractive five-unit multifamily investment opportunity offering strong in-place cash flow and an impressive day-one return. Ideally situated in Bridgeport’s desirable South Side neighborhood, this income-producing property presents investors with the opportunity to acquire a fully occupied residential asset with immediate cash flow and m
Welcome to 37-39 Austin Street, Bridgeport, Connecticut, an attractive five-unit multifamily investment opportunity offering strong in-place cash flow and an impressive day-one return. Ideally situated in Bridgeport’s desirable South Side neighborhood, this income-producing property presents investors with the opportunity to acquire a fully occupied residential asset with immediate cash flow and minimal operational complexity. The property consists of five residential units, including four well-proportioned two-bedroom apartments and one exceptionally large six-bedroom unit. This diverse unit mix provides appeal to a broad range of tenants, while the oversized six-bedroom apartment offers a unique opportunity within the local rental market. The building is fully occupied, providing an established income stream from day one and eliminating the need for an initial lease-up period. Additionally, all utilities are separately metered, with tenants responsible for their own utility expenses, helping to minimize owner operating costs and enhance the property’s overall net operating income. Located in Bridgeport’s South Side, 37-39 Austin Street benefits from its position within an established residential neighborhood with access to the city’s surrounding amenities, employment centers, and transportation infrastructure. The property’s five-unit configuration and fully occupied status make it an appealing opportunity for investors seeking stable, immediate cash flow.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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