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    59 Myrtle Ave Bridgeport, CT 06604

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    For Sale
    $825,000

    Multifamily property with 13 bedrooms near the University of Bridgeport.

    Lot size:
    0.13 Acres

    Property Features for 59 Myrtle Ave

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1919

    Source: Century 21 Scala Group Agent Rosania Melo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Large Multifamily Property Near University

    This multifamily property is located minutes from the University of Bridgeport campus. The residence contains 13 bedrooms, 3 full bathrooms, and 2 half bathrooms. The property is currently rented by the room, offering rental income. Additional features include a detached 2-car garage and a backyard. The location provides proximity to parks, transportation, and local amenities. This property may suit investors looking for a high-yield investment near the university.
    Location Intelligence

    Current Use by Public Records

    House of Jacob Cleaning Cleaners

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeport
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.1894823
    Latitude
    41.164063

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property with 13 bedrooms near the University of Bridgeport.
    Where is this apartment building located?
    The property is located at 59 Myrtle Ave Bridgeport, CT.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: - Prime location near the University of Bridgeport campus.; - High-yield investment potential with room-by-room rental setup.; - Large multi-family property with **13 bedrooms**.
    (203) 545-1459
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    59 Myrtle Ave Bridgeport, CT 06604
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    Bridgeport, CT 06604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    59 Myrtle Ave Bridgeport, CT 06604
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