3880 Main 3880 Main St 60 Unit Apartment Building For Sale Bridgeport, CT 06606

Northeast Private Client Group is pleased to present the exclusive opportunity to purchase 3880 Main Street, a 60-unit, 100% market rate, brick apartment building located within the desirable North End neighborhood of Bridgeport, Connecticut.
Located at 3880 Main Street, Bridgeport CT, this apartment building consists of 31,584 square feet of living space atop a 1.24-acre parcel and was constructed in the year 1970. The property features eighteen (18) studios and forty-two (42) one bedrooms with tenant paid electric heat and hot water via individual meters. Additionally, the property offers ample off-street parking, community laundry via seller owned coin operated washers and dryers, and 24/7 surveillance cameras.
Ownership has completed several recent capital projects including replacement of all balconies, new exterior doors, new roof drainage system, approximately 70% of all windows replaced, all new sliding glass doors, full fire panel and alarm system upgrade including pull stations and enunciators, new mill and pour parking lot. Additionally, ownership has contracted a company to install a new roof (including full tear off of existing) on the property starting in September 2025, which will feature a 20-year transferable warranty.
3880 Main Street has been under current ownership for almost 40 years. Approximately half of the units have received some level of renovation, while in-place rents average $430+/month below renovated market comps. This gives a new owner the opportunity to implement an apartment renovation program and a more aggressive leasing strategy to achieve a rental premium, thereby harvesting an additional $300,000+/annually. 3880 Main Street is located in the North End of Bridgeport, Connecticut, one of the city’s most established and desirable neighborhoods. Positioned along a busy stretch of Main Street, the property benefits from strong visibility and accessibility within a vibrant commercial corridor that serves both the surrounding residential community and the broader Fairfield County market.
The North End is known for its tree-lined streets, stable residential base, and suburban-style character while still offering the convenience of nearby shopping centers, schools, medical facilities, and professional services. The location provides excellent connectivity, with easy access to Route 8/25 and the Merritt Parkway, as well as proximity to Downtown Bridgeport’s Metro-North station and ferry terminal, linking commuters directly to New York City and Long Island. Nearby anchors such as Sacred Heart University, St. Vincent’s Medical Center, and the Trumbull Mall draw consistent traffic to the area, making it a highly active and sought-after section of Bridgeport for both businesses and residents.