Fully renovated legal 3-family offering immediate income with clear upside potential. Extensively improved between 2019-2025, this property features three updated units with luxury vinyl plank flooring, modernized kitchens with hard surface counters, updated bathrooms, and contemporary lighting. Major capital improvements include electrical upgrades (2023), new plumbing and water main (2024), replacement windows throughout, renovated front porch and all three rear balconies, and refreshed common areas. Basement includes two newly installed washer/dryer hookups (2024), providing additional income opportunity. Tenants are in place with expired agreements, offering the next owner the ability to adjust rents over time. Current rents are below market, creating a strong value-add opportunity without significant additional capital investment. Separately metered utilities with tenants responsible for gas and electric; landlord pays water and sewer, helping maintain predictable operating expenses. Conveniently located less than 1/2 mile from Bridgeport Hospital and near public transportation, major highways, and employment centers supporting consistent rental demand. Property to be sold as-is. Seller will not address cosmetic items. Showings by appointment only. Detailed income and expense information available upon request. Ideal for investors seeking a low-maintenance asset with rental upside or owner-occupants looking to offset expenses with rental income.
Listed by William Raveis Real Estate, Racquel Wilson. Data sourced from SmartMLS
