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Multi-Family Portfolio Package
For Sale
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Pending

274 Beechwood Ave, Bridgeport, CT 06604

Seven close-proximity multifamily properties are offered together, totaling 7 buildings and 51 bedrooms.

Property SizeContact for details
Days on Market149

Property Features for 274 Beechwood Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 18
Listed By: Eric Reisner · License #CT RES.0796231
Source: Crexi
Added: Apr 12 Changed: Aug 23 Last Checked: Sep 7 at 7:29AM

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 Eric Reisner

Investment Insights

Based on property information with market context.

This offering is a package of seven close-proximity multifamily properties for sale together and not individually. The portfolio totals 7 buildings with 51 bedrooms across the included addresses: 301 Beechwood Ave., 185 Beechwood Ave., 57 Taft Ave., 8 Elmwood Ave., 365 Wood Ave., 55 Laurel Ave., and 274 Beechwood Ave.

The portfolio is described as producing a total annual income of $271,500, with total annual net operating income of $187,182. Individual building net operating income figures provided include $28,361 for 57/59 Taft Ave (3 families, 6 BRs) and $36,978 for 301 Beechwood Ave (3 families, 11 BRs), along with $26,954 for 274 Beechwood Ave (3 families, 6 BRs), $29,204 for 185 Beechwood Ave (3 families, 7 BRs), $28,445 for 8 Elmwood Ave (2 families, 9 BRs), $15,369 for 365 Wood Ave (2 families, 4 BRs), and $21,871 for 544 Laurel (2 families, 8 BRs).

One provided exterior improvement is a new roof in 2019 for 57/59 Taft Ave. The listing also notes potential for an additional building lot for that property.

Key Highlights

  • Portfolio of 7 multifamily properties in the West End offered together as a package; not sold individually
  • Total across the portfolio: 7 buildings and 51 bedrooms
  • Annual income: $271,500; annual net operating income: $187,182 (portfolio totals)

Property Analytics

Current Use

Pires Remodeling, LLC Renovation Specialist

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Gym & Fitness Center Acupuncture Home Appliance Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18
Residential units

Location Intelligence

Trade Area within ½ mile

1,293
Businesses Nearby

Demographics for 06604, CT

30,003
Population
12,972
Households
2.3
Avg Household Size
35
Median Age
29%
College-Educated
74%
High-School Grad
3.2 sq mi
ZIP Area
9,376
Density / Sq Mi
$45,794
Median Household Income
$34,706
Median Earnings
$1,419
Median Rent
$231,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Seven close-proximity multifamily properties are offered together, totaling 7 buildings and 51 bedrooms.
Where is this duplex located?
The property is located at 274 Beechwood Ave Bridgeport, CT.
What are key features of this property?
This property features: Portfolio of 7 multifamily properties in the West End offered together as a package; not sold individually; Total across the portfolio: 7 buildings and 51 bedrooms; Annual income: $271,500; annual net operating income: $187,182 (portfolio totals)
More about this property
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