23-27 Bishop Avenue
Property Description
Exceptional investment opportunity in the heart of Bridgeport! A well-maintained multifamily property offering spacious units, strong rental performance, and outstanding income potential. Each unit features 4 generously sized bedrooms, 1 full bathroom, updated kitchens, updated bathrooms, beautiful hardwood flooring throughout, and the convenience of in-unit laundry hookups, providing the comfort and functionality today's tenants are looking for. The property also includes a finished basement with excellent potential for an in-law setup, extended living space, or additional flexibility, buyer to do due diligence. This is a true income-producing asset, currently generating over $10,750 in gross monthly rental income, making it an exceptional addition to any investor's portfolio or an ideal opportunity for an owner-occupant looking to offset living expenses with substantial rental revenue. Ideally located on Bridgeport's East Side, the property offers convenient access to I-95, Route 8, and Route 25, providing an easy commute throughout Fairfield County and beyond. Residents are just minutes from Downtown Bridgeport, the Metro-North train station, the Bridgeport Ferry, Seaside Park, shopping centers, grocery stores, restaurants, schools, healthcare facilities, and public transportation. BACK ON MARKET DUE TO BUYER'S INABILITY TO OBTAIN MORTGAGE! The proximity to the University of Bridgeport, Housatonic Community College, and several major employers further supports consistent rental demand and long-term investment value. Whether you're a seasoned investor looking to expand your portfolio or searching for a high-performing multifamily with exceptional cash flow, 23-27 Bishop Ave offers the perfect combination of space, modern updates, tenant-friendly amenities, a prime location, and proven income potential.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,000,000 |
| Year Built: | 1913 |
| Lot Size: | 5,274.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 16 |
| Number of Bathrooms: | 5 |
ID: 3yd-CTMLS-24189853
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