34 Park Street
Bridgeport, Connecticut

Description:

10% CAP at ENTRY!!! Just off Barnum Avenue and less than one block away from Washington Park in the middle of Bridgeport's East Side neighborhood. The property features 7 rental units, tenant paid Heat and Electric and off street parking. Consisting of (1) 5 bedroom, (2) 3 bedrooms, (3) 2 bedrooms and a 1 bedroom. There are some very strong rents in place, with full market rents yielding a 21% ROI. Should be noted that all metrics above assume a fully discounted underwrite with 15% allocated to vacancy, maintenance and management. So all figures are conservative in nature. Don't wait, this won't last.

Listing Courtesy of VC Property Group, LLC