497 Grand St, Bridgeport, CT 06604

Building is conveniently located close to Madison Avenue, North Ave and Main St. In easy reach of transport, shopping and great local restaurants. Six units total, two on each floor. Has always been easy to rent out - phone rings off the hook - due to location, units are large and well-presented. Keeping building fully occupied is a certainty. Few owner expenses, all have been optimized over time. Upper four units have electric heat, no annual service expense for boiler/furnace. Lower two have boilers in basement. Larger expenses (electric, gas, oil) are metered and paid by tenants directly. Trash pick up is municipal at no cost. No grass to mow. Owner pays water/sewer, common area electric (about six bulbs), snow removal. Improvements made under current owner include brand new driveway, new windows, new electrical service, full exterior repaint. No pending maintenance. Most apartments have been repainted and updated as needed. Range in rents due to duration of tenant, market correct rent would be $1100 - $1200 per unit. Will be handed over fully occupied and with maintenance support (if desired). Enclosed back porches off rear parking lot. Huge kitchen with fridges, range, plus a walk-in pantry with lots of shelving.