Exceptional Investment Opportunity with solid financials– Multifamily in Bridgeport. Recently updated 7-unit, single-story apartment complex offering strong returns with an approaching 10% cap rate. Low operating costs and low utilities make this a high-efficiency investment! Built in 1951 and totaling 4,228 sq ft property features a shared laundry room, metal roof and gracious size yard including a versatile 416 sq ft shop for storage or added income. Located in a central area with stable rental demand. Ideal for investors seeking reliable cash flow and long-term upside.
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Bridgeport is located in Washington. Bridgeport, Washington has a population of 2,412. Bridgeport is more family-centric than the surrounding county with 51.74% of the households containing married families with children. The county average for households married with children is 30.47%.
The median household income in Bridgeport, Washington is $52,212. The median household income for the surrounding county is $68,979 compared to the national median of $69,021. The median age of people living in Bridgeport is 27.3 years.
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 22.5 degrees. The average rainfall is approximately 11.7 inches per year, with 31.3 inches of snow per year.