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340-350 Main St 9 Unit Apartment Building $2,666,976 CAD ($296,331 CAD/Unit) Bridgeport, CT 06604
Investment Highlights
- Tremendous value add potential with all nine residential apartments currently rented on month to mont( MTM) terms at well below market rate
- Prime corner brick building walking distance to Seaside Park, Metro North Railroad, Hartford Healthcare Ampitheatre and downtown Bridgeport
- 3 Commercial Units, 9 Apartment Units
- Excellent sized apartments- all nine units are configured as 850 square foot two bed room units
- Solid building mechanicals- heating units, hot water heater, electric panel, and roofing all in great condition
Executive Summary
Baldwin Pearson & Co., Inc. is excited to present 340-350 Main Street, Bridgeport, CT — an exceptional investment opportunity in one of Connecticut's most dynamic investment markets. This distinguished brick, corner building commands immediate attention, offering a compelling mixed-use asset in Bridgeport's rapidly evolving and expanding South Side. The property features nine generously sized two-bedroom apartments above three fully occupied ground-floor retail units, delivering a rare blend of residential upside and stable commercial income from day one.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$443,128
|
$26.27
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$22,156
|
$1.31
|
| Effective Gross Income |
$420,972
|
$24.96
|
| Taxes |
$31,699
|
$1.88
|
| Operating Expenses |
$84,646
|
$5.02
|
| Total Expenses |
$116,344
|
$6.90
|
| Net Operating Income |
$304,627
|
$18.06
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $443,128 |
| Annual Per SF | $26.27 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $22,156 |
| Annual Per SF | $1.31 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $420,972 |
| Annual Per SF | $24.96 |
| Taxes (CAD) | |
|---|---|
| Annual | $31,699 |
| Annual Per SF | $1.88 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $84,646 |
| Annual Per SF | $5.02 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $116,344 |
| Annual Per SF | $6.90 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $304,627 |
| Annual Per SF | $18.06 |
Property Facts
| Price | $2,666,976 CAD | Building Class | C |
| Price Per Unit | $296,331 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 16,868 SF |
| No. Units | 9 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1911 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | IHI | ||
| Price | $2,666,976 CAD |
| Price Per Unit | $296,331 CAD |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 16,868 SF |
| No. Stories | 4 |
| Year Built | 1911 |
| Opportunity Zone |
Yes |
| Zoning | IHI |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | BRID-000515-000006 | Total Assessment | $769,128 CAD (2025) |
| Land Assessment | $121,354 CAD (2025) | Annual Taxes | $31,699 CAD ($1.88 CAD/SF) |
| Improvements Assessment | $647,774 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
BRID-000515-000006
Land Assessment
$121,354 CAD (2025)
Improvements Assessment
$647,774 CAD (2025)
Total Assessment
$769,128 CAD (2025)
Annual Taxes
$31,699 CAD ($1.88 CAD/SF)
Tax Year
2026
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340-350 Main St
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