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40 Vine St 3 Unit Apartment Building $953,376 CAD ($317,792 CAD/Unit) Bridgeport, CT 06604
Investment Highlights
- Significant rental upside to market rates. Potential 13% cap rate.
- Strong in place income for immediate cash flow
- One unit delivered vacant- immediate lease up opportunity
- Well maintained building with separate utilities.
Executive Summary
INVESTORS TAKE NOTICE. Exceptional opportunity to own a well maintained 3-family property featuring spacious 4BR units, a rare find with huge income upside simply by raising to market rents. Each unit offers generous room sizes, hardwood floors throughout, modern kitchens, and tiled baths, making them highly attractive to tenants and capable of commanding top market rents. The property is equipped with vinyl siding and vinyl replacement windows for low maintenance, along with gas heat. Whether you're looking to expand your portfolio or secure a high yield asset, this property delivers on size, condition, and strong income potential. Set in a very convenient location just minutes to downtown, train, and all major highways. A true turnkey investment with lots of upside.
Data Room Click Here to Access
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $953,376 CAD | Building Class | C |
| Price Per Unit | $317,792 CAD | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 4,877 SF |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1911 |
| Property Subtype | Apartment | ||
| Zoning | RB - Residential | ||
| Price | $953,376 CAD |
| Price Per Unit | $317,792 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 4,877 SF |
| No. Stories | 3 |
| Year Built | 1911 |
| Zoning | RB - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+1 | 3 | - | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | BRID-001059-000030 | Improvements Assessment | $247,331 CAD (2025) |
| Land Assessment | $50,891 CAD (2025) | Total Assessment | $298,223 CAD (2025) |
Property Taxes
Parcel Number
BRID-001059-000030
Land Assessment
$50,891 CAD (2025)
Improvements Assessment
$247,331 CAD (2025)
Total Assessment
$298,223 CAD (2025)
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40 Vine St
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