BiggerPockets

Description:

Important Note: This property may be eligible for HUD’s Neighborhood Stabilization Fund or Low Income Housing Tax Credit (LIHTC) program.

Apartment buildings are the safest real estate investments. If you can manage the rehab of this 24-unit brick building on a major Bridgeport highway, you will have a virtually brand new building at the price of an older building. Install energy/water efficient systems for low expense. Implement tax segregation for higher depreciation. Thus increase your NOI. ZERO INTEREST Seller financing may be available so that you can use your cash for the rehab. Permit fees paid. Use existing architect, engineer, plumber and electrician or bring your own. Brokers protected. Contact for details.