INVESTORS TAKE NOTICE of this opportunity to own this 11,114 sq ft building with two amazing CASH Flow options. Option 1 is already approved 19 unit rooming house. Option 2 is nearly approved 8 units consisting of 2 studios apartments, 1 three bedroom, two full bath apartment, and 5 two bedroom, 1 full bath apartments.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1895
Living Area: 11,114 SqFt
Listing Office:
Office Name: Higgins Group Real Estate
Office Phone: (203) 658-8282
Listing Agent: Edward Zislis
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 9
Total Bedroom Count: 15
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Parking: None
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.20 Acres
Utilities
Utilities Information:
Heating: Gas
Cooling: None
Other
Directions Information:
Directions: Fairfield Ave, to Clinton Ave
Price Information
Listing Price Info
Price Summary:
List Price: $899,000
Price Per SqFt: $81/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Bridgeport, CT.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,554
Per Month
Principal & Interest
$4,487
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,762
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Bryant School
230 Poplar St
Distance between this listing and this school0.32 miles
Public District Grades PK-6
6
/10
McKinley School
60 Thompson St
Distance between this listing and this school1.56 miles
Public District Grades KG-5
9
/10
Holland Hill School
105 Meadowcroft Rd
Distance between this listing and this school1.86 miles
Public District Grades KG-5
Nearby Schools
2
/10
Cesar Batalla School
606 Howard Ave
Distance between this listing and this school0.20 miles
Public District Grades PK-8
2
/10
James J. Curiale School
300 Laurel Ave
Distance between this listing and this school0.29 miles
Public District Grades KG-8
7
/10
Park City Preparatory Charter School
1550 State St
Distance between this listing and this school0.31 miles
Public Charter Grades 5-8
Nearby Schools
1
/10
Bassick High School
1181 Fairfield Ave
Distance between this listing and this school0.09 miles
Public District Grades 9-12
4
/10
Great Oaks Charter School
375 Howard Ave
Distance between this listing and this school0.41 miles
Public Charter Grades 6-12
3
/10
Bridgeport Military Academy
160 Iranistan Ave
Distance between this listing and this school0.94 miles
The neighbors living near this home have an average income of $28,790. Residents of Bridgeport, CT typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 387 Clinton Ave in Bridgeport, CT and zip code 06604 in the West End / West Side neighborhood. This 11,114 square foot home, which was built in 1895, sits on a 0.20 acre lot. Features: 15 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $899,000.
Over 44 listings were sold over their listed price in October 2024 in Bridgeport, CT. In the same period over 21 listings were sold below the listed price and 13 listings were sold for the listed price. The inventory of homes for sale in Bridgeport, CT between September 2024 and October 2024 decreased by 1.1%.
From Rocket Homes Real Estate and based on county public records data.