Upgraded Apartment
For Sale
Contact for pricing
Pending
120 Morgan Ave, Bridgeport, CT 06606
Nineteen-unit multifamily property with extensive common-area improvements and upgrades across most apartments.
Property SizeContact for details
Lot Size0.42 Acres
Days on Market142
Property Features for 120 Morgan Ave
General Information
Standard status
Pending
Lot size
0.42 Acres
Property subtype
Multifamily
Units
Unit Mix
1 x studio, 18 x 1BR
Multifamily Units
19
Additional Details
Cap Rate
6.76%
Amenities
laundry room
Building Details
Year Built
1952
Listing Agency:
NorthEast Private Client Group Shelton
(203) 727-3212
Listed By:
Rich Edwards · License #RES.0802816
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 31 at 5:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NorthEast Private Client Group Shelton
Investment Insights
Based on property information with market context.
Morgan Apartments is a 19-unit multifamily property comprising 1 studio and 18 one-bedroom apartments on 0.42 acres. Built in 1952, the property has received substantial capital improvements, including a new parking lot and drainage system, sidewalk, front and side entrances, central boiler, hot water heater, laundry room, fencing, trash enclosure, windows, and landscaping. At least 14 units have also been updated with improvements to kitchens, bathrooms, flooring, and lighting.
The property is located at 120 Morgan Ave in Bridgeport’s Brooklawn/St. Vincent’s Neighborhood, with access to local shopping and transportation. Downtown Bridgeport, employment centers in New Haven, Stratford, Shelton, and Lower Fairfield County, and area universities and hospitals are identified as surrounding demand drivers. Additional transportation and employment connections include a Metro North train station, M&T Bank Headquarters, a deep water port, and ferry service to Port Jefferson. The in-place capitalization rate is 6.76%, and the submarket vacancy rate is 3.9%.
The property is located at 120 Morgan Ave in Bridgeport’s Brooklawn/St. Vincent’s Neighborhood, with access to local shopping and transportation. Downtown Bridgeport, employment centers in New Haven, Stratford, Shelton, and Lower Fairfield County, and area universities and hospitals are identified as surrounding demand drivers. Additional transportation and employment connections include a Metro North train station, M&T Bank Headquarters, a deep water port, and ferry service to Port Jefferson. The in-place capitalization rate is 6.76%, and the submarket vacancy rate is 3.9%.
Key Highlights
- 19‑unit apartment building with 1 studio and 18 one‑bedroom apartments
- 0.42‑acre property constructed in 1952
- Capital improvements include parking lot, drainage, entrances, boiler, windows, fencing, and trash enclosure
Property Analytics
Property Profile
Current Use
Lease Details
19
Residential units
Location Intelligence
Trade Area within ½ mile
1,423
Businesses Nearby
Explore this area
Business Placement
Demographics for 06606, CT
48,427
Population
19,002
Households
2.5
Avg Household Size
36
Median Age
23%
College-Educated
82%
High-School Grad
5.3 sq mi
ZIP Area
9,137
Density / Sq Mi
$68,538
Median Household Income
$35,128
Median Earnings
$1,434
Median Rent
$272,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Nineteen-unit multifamily property with extensive common-area improvements and upgrades across most apartments.
Where is this apartment building located?
The property is located at 120 Morgan Ave Bridgeport, CT.
What are key features of this property?
This property features: 19‑unit apartment building with 1 studio and 18 one‑bedroom apartments; 0.42‑acre property constructed in 1952; Capital improvements include parking lot, drainage, entrances, boiler, windows, fencing, and trash enclosure
