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Sold for $530,000
  • $530,000

    674 Iranistan Avenue, Bridgeport, CT 06605

    10beds
    5,424sqft
    Multi Family
    Built in 1917
    -- sqft lot
    $709,100 Zestimate®
    $98/sqft
    $2,543 Estimated rent

    Home value

    $709,100

    $659,000 - $766,000

    $2,543/mo

    Zestimate® history
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    What's special

    New windows
    MUST SEE! Great Income-Generating Investment Opportunity! Discover the potential of this exceptional property which comprises two substantial buildings on a double lot (single parcel)—a spacious three-family residence with 5,016 total SF including 3,632 above grade and a detached commercial storefront with a three-car garage totaling 1,792 SF above grade. The three-family building underwent total reconstruction in 2009, featuring new windows, roof, and interior fixtures. Recent upgrades include the installation of 2 new hot water heaters. The commercial store has gone through complete reconstruction and renovation including, roof, electric (220V). Permits available and recorded at Bridgeport building department. Three Family Building Layout: First and Third Floor: Three bedrooms and one bath each Second Floor: Four bedrooms and one bath This property offers a diverse set of rental spaces, contributing to its impressive income potential. The current rent roll is as follows: 1st Floor: $1500/month - Vacant as of February 1st, 2024 2nd Floor: $1600/month - Rented 3rd Floor: $1400/month - Rented Three Garages: $450/month - Vacant Commercial Storefront: $1,350/month - Rented The total gross market monthly rent is an impressive $6,300, making this investment a substantial income generator. With an 80% Loan-to-Value loan, this property offers an exceptional cash-on-cash return of 35% or more. Act now to capitalize on this substantial cash cow investment!

    Zillow last checked:

    Listing updated:

    Listed by:

    Bobby Toth 203-927-2214,

    American Home Realty LLC 800-518-9780

    Bought with:

    Bobby Toth, REB.0789717

    American Home Realty LLC

    Source: Smart MLS,MLS#: 170619796MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Water Heater, Gas Water Heater
    Features
    • Basement: Full,Unfinished
    • Attic: None
    • Has fireplace: No
    Interior area
    • Total structure area: 5,424
    • Total interior livable area: 5,424 sqft
    • Finished area above ground: 5,424

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached, Paved, Off Street, Private, Asphalt
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch
    • Exterior features: Rain Gutters
    • Has view: Yes
    • View description: City
    • Waterfront features: Beach, Beach Access
    Lot
    • Size: 4,791 Square Feet
    • Features: Level
    Details
    • Parcel number: 18930
    • Zoning: RC

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors,3updown - Unit(s) per Floor
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding, Block
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1917

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Near Public Transport, Health Club, Library, Medical Facilities, Park, Shopping/Mall
    • Subdivision: West End
    HOA
    • Has HOA: No
    Location
    • Region: Bridgeport

    Financial & listing details

    • Price per square foot: $98/sqft
    • Tax assessed value: $197,950
    • Annual tax amount: $8,601
    • Date on market: 5/3/2024
    • Exclusions: As Is

    Price history

    DateEventPrice
    4/30/2024Sold$530,000+1.9%$98/sqft
    Source: Smart MLS #170619796 Report a problem
    3/8/2024Pending sale$520,000$96/sqft
    Source: Smart MLS #170619796 Report a problem
    1/23/2024Listed for sale$520,000+447.4%$96/sqft
    Source: Smart MLS #170619796 Report a problem
    5/4/2018Listing removed$1,200
    Source: Zillow Rental Manager Report a problem
    3/17/2018Listed for rent$1,200
    Source: Zillow Rental Manager Report a problem
    1/13/2018Listing removed$1,200
    Source: Zillow Rental Manager Report a problem
    12/14/2017Listed for rent$1,200
    Source: Zillow Rental Manager Report a problem
    6/22/2011Sold$95,000-65.9%$18/sqft
    Source: Smart MLS #98501071 Report a problem
    10/20/2004Sold$279,000+99.3%$51/sqft
    Source: Smart MLS #98210048 Report a problem
    6/24/2004Sold$140,000+536.4%$26/sqft
    Source: Public Record Report a problem
    10/3/1995Sold$22,000$4/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,601 $197,950
    2024$8,601 $197,950
    2023$8,601 $197,950
    2022$8,601 $197,950
    2021$8,601 +9.7%$197,950 +36.3%
    2020$7,841 $145,230
    2019$7,841 -0.7%$145,230
    2018$7,896 $145,230
    2017$7,896 $145,230
    2016$7,896 +3%$145,230 -20.1%
    2015$7,666 +6.5%$181,660
    2011$7,201 $181,660
    2010$7,201 +2.3%$181,660
    2009$7,038 -13.4%$181,660 -0.3%
    2008$8,123 +4%$182,215 +0%
    2007$7,813 +1.4%$182,213
    2006$7,704 +8.4%$182,213
    2004$7,104 +4.6%$182,213 +48.1%
    2003$6,791 -15.1%$123,026
    2001$7,997 +108.6%$123,026 +108.6%
    2000$3,834 0%$58,989 0%
    1999$3,835 $59,000
    Find assessor info on the county website

    Neighborhood: West Side/ West End

    Nearby schools

    GreatSchools rating
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