A multifamily home in Bridgeport, Connecticut’s Black Rock neighborhood has been listed for $595,000, offering a potential investment opportunity in a sought-after area of the city. The property, located at 22 Monroe Street, dates back to 1917 and features three residential units and a two-car garage.
According to a listing presented by The Kasey Team and Stacy M. Pfannkuch at Century 21 AllPoints Realty, the home’s units all include hardwood floors and high ceilings, and have undergone various updates. The listing emphasizes the property’s “desirable location, strong rental potential, and undeniable character,” suggesting opportunities at this price point are becoming increasingly rare.
Zillow currently lists 183 properties for sale in Bridgeport, with prices varying widely. A separate listing through Century 21 AllPoints Realty, also on Zillow, shows a property at 37 Granfield Avenue listed for $595,000, featuring five bedrooms and three bathrooms across 3,293 square feet. Other listings show a range of single-family homes and multi-family dwellings available in the city.
Recent Zillow data indicates a market with 178 homes available in Bridgeport. A property at 22 Monroe Street, similar to the one currently listed, sold for $520,000 in February 2024, offering three bedrooms, two bathrooms, and 2,030 square feet of living space.
The availability of multifamily homes in Bridgeport reflects a broader trend in the city’s real estate market. Zillow data shows 60 duplex and triplex homes currently for sale in Bridgeport, offering investors options for rental income and potential appreciation.
