924 Noble Avenue, Bridgeport CT

924 Noble Avenue | Bridgeport | CT | 06608 Back to Properties


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Overview

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Property Details

  • Price: $ 350,000
    Site Size: 0.21 AC

Property Description

National Multifamily is pleased to present 924 Noble Avenue, a vacant 874 SF office building with an additional 874 SF partially finished basement, located in Bridgeport, Connecticut. Situated on a 0.21-acre lot, the property offers flexibility for an owner-user or investor to occupy, renovate, or reposition the asset.  The property will be delivered fully vacant, allowing for immediate use or customization.

Seller financing is available with the property, providing a compelling opportunity to structure favorable acquisition terms. Ownership will consider offers with 25% down at a 6% interest rate, interest only, for a maximum term of two years. This financing structure significantly lowers the barrier to entry and makes the property an accessible acquisition for a wide range of buyers, from owner-users looking to establish a business presence to investors seeking a low-cost entry point into the Bridgeport market.

924 Noble Avenue is well positioned in the East Side neighborhood of Bridgeport, one of the city’s most accessible and well-connected areas. The property is situated less than 1.5 miles from Steelepointe Harbor, Downtown Bridgeport, and the Bridgeport Metro-North Station, which provides direct service to Grand Central Terminal in Midtown Manhattan. The surrounding area benefits from Bridgeport’s ongoing revitalization, with new investment continuing to flow into the city’s waterfront and commercial corridors. For a buyer seeking a freestanding building with parking on a sizable lot in a market priced well below comparable Fairfield County communities, 924 Noble Avenue represents a straightforward, low-friction opportunity.

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Financial Summary

924 Noble Avenue, Bridgeport CT

Investment Highlights

Price $ 350,000.00
Year Built 1947
Parking 6 Off-Street

Metrics

Price / Unit $ inf
Price / SF $ 400.46
Gross Rent Multiplier 0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses $ 0.00 $ 0.00
Net Operating Income $ 0.00 $ 0.00
Cap Rate 0.00 % est. 0.00 % est.

All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions, prior to sale or lease, or withdrawal without notice. National Multifamily Corp. makes no warranty or representation about the content of this brochure. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property.

 

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

* 0 = Studio under BR

All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions, prior to sale or lease, or withdrawal without notice. National Multifamily Corp. makes no warranty or representation about the content of this brochure. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property.