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800-806 Hallett Street

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Address: 800-806 Hallett St, Bridgeport, CT 06608, USA

New York & Tri-State + Apartment Buildings

Created date: July 29, 2024

Date last updated: September 27, 2024

Immediate Cash-Flow
Value-Add Opportunity
Attractive Sub-Market
Desirable Unit Mix

Property Description

Northeast Private Client Group is pleased to exclusively present for sale The Hallett Apartments, an 11-Unit Multifamily Property located at 800-806 Hallett Street, Bridgeport, CT. The Hallett Apartments is comprised of six (6) 1-Bedroom apartments and five (5) 2-Bedroom apartments across two (2) adjacent buildings which are one parcel. Conveniently located, The Hallett Apartments are just 1 mile from Route 95, 1.5 miles to Route 8, and 1.8 miles to the Metro North train station. The Hallett Apartments are also just 1.5 miles from the 200-million-dollar mixed-use Steelpointe Development taking place right on Bridgeport’s coastline. The Hallett Apartments present a value-add opportunity, with major loss to lease to market rents. For 2024, Fair Market Rent is $1,591 for a 1-bedroom and $1,967 for a 2-bedroom apartment, which are $309 and $497 more than in-place average rents respectively.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$1,375,000
No. of Units:	11
Lot Size:	0.11 Sq ft
Opportunity Zone:	No
Price per unit:	$125,000
Property Website	Click Here