Turn Key 5 Unit in Bridgport, CT Fully Rehabbed 40%+ COC 13%+ Cap

[Michael Kovac]

We are bringing a turn-key, fully occupied 5 unit multifamily in Bridgeport, CT to market with excellent financials. It was purchased by an investor that I am working with over 5 years ago and he completely renovated the entire building top to bottom.

154 Jefferson St.

Bridgeport, CT

$320,000

At 80% LTV with prime rate this property can see over 40% cash on cash return.

Over 13% CAP

100% occupied

100% turn key

New vinyl siding, windows, interior walls, electric, mechanicals, roof, plumbing etc.

5 Units with good tenant mix. All units have forced air heat, central air, dishwasher, refrigerator, range and microwave.

Unit 1 3bd/1ba $1250

Unit 2 2bd/1ba $1100

Unit 3 2bd/1ba $1000

Unit 4 2bd/1ba $1000

Unit 5 2bd/1ba $1000

2 Car Garage - $500

Coin-Op in basement - $100

All tenants are on paper leases, month to month. Property includes surveillance system and I can provide management to be completely passive. I work closely with a small cap loan provider that can provide market interest rates and quick close on multifamily property. Please see attached Pro Forma for expense report and all numbers.

Please call/text/email Michael at

(203) 610-2867

[email protected]