191 Oak St - Apartments FOR SALE


Bridgeport, CT 06604- The Hollow
$3,195,000 USD
475-265-5576
191 Oak St, Bridgeport, CT for Sale
$3,195,000 USD
Apartments - FOR SALE
1/42
null | 8.7% Cap Rate

191 Oak St
Bridgeport, CT 06604
The Hollow


HIGHLIGHTS

  • 191 Oak Street is a turnkey 20-unit multifamily asset featuring 18 one-bedroom units and two studios across three levels in a prime location.
  • Minutes from Downtown Bridgeport near Interstate 95, Route 1, Metro-North, and bus lines, ensuring strong commuter access and consistent demand.
  • Capitalize on solid brick construction across three stories, off-street parking, and on-site laundry for tenant satisfaction and consistent retention.
  • Nearly all units are subsidized, providing new ownership with stable cash flow and reduced vacancy risk for long-term investment performance.
  • Surrounded by a growing population with a high average household income, and just five minutes from downtown, JFK Stadium, and neighboring amenities.

OVERVIEW

191 Oak Street presents an exceptional multifamily investment opportunity in Bridgeport, Connecticut. This turnkey, well-maintained 20-unit low-rise building has consistent tenant demand, providing immediate income and long-term upside. Constructed from solid brick, the three-story property comprises 18 one-bedroom units and two studio apartments. Situated in a high-traffic, commuter-friendly corridor, 191 Oak Street is just minutes from Downtown Bridgeport with easy access to Interstate 95, Route 1, Metro-North, and local bus lines. On-site amenities include ample off-street parking and on-site laundry facilities, enhancing tenant satisfaction and retention. Nearly all units are subsidized, offering investors stable, predictable cash flow. John F. Kennedy Stadium, local dining, retailers, and schools are only blocks away from the property. A growing metro area of approximately 270,000 residents lives within 5 miles, with an average household income exceeding $101,000 annually. Whether expanding an investment portfolio or seeking a stable multifamily asset, 191 Oak Street delivers the ideal blend of location, performance, and buyer potential.

FOR SALE DETAILS

PRICE

$3,195,000 USD

PRICE/SF

$249 USD /SF

# OF UNITS

20

PRICE/UNIT

$159,750

CAP RATE

8.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1966

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

RC

APN/PARCEL ID

BRID-001007-000002A

ASK ABOUT THIS PROPERTY

Lisa NussbaumTop Tier Realty Group, LLCMore Info
475-265-5576

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Lisa NussbaumTop Tier Realty Group, LLCMore Info
475-265-5576

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.