Patterson-Schwartz Real Estate358 Prospect, Bridgeport, PA 19405-1620 $329,900
Interior Sq. Ft: 1,661
Acreage: 0.06
Age:125 years
Taxes: $3,136
Design/Type:
Twin/Semi-Detached
Description
Open House: Saturday, July 19th, 12:30-1:30 PM! Welcome to this charming duplex in the heart of Bridgeport, nestled within the highly sought-after Upper Merion School District. Ideally situated close to King of Prussia Mall, public transportation, thriving Conshohocken pharmaceutical companies, rapidly developing Norristown, and just a short commute to Philadelphia, this location is perfectly positioned for continued growth and convenience. The duplex features two units: Unit 1, located on the first floor, is a comfortable 1-bedroom, 1-bath apartment with direct access to a spacious backyard and basement storage. Recently vacated after 8 years, this unit has been freshly cleared out and, with minor cosmetic updates, will easily rent for approximately $1,100/mo. Unit 2 is an updated bi-level, 2-bedroom, 1-bath apartment, currently leased through May 2026 at $1,595/mo. This unit offers abundant natural light, a spacious living and dining area, a large kitchen equipped with a gas stove, and an in-unit washer/dryer. Bedrooms are efficiently sized and connected by a large walk-through closet. Tenants pay electricity and gas, while heating is provided via radiators (two separate boilers), and tenants supply their own window units for cooling. The owner covers water/sewer expenses and trash collection. This duplex is perfect for investors seeking stable returns, with total potential annual rent of $32,340, almost 10 GRM. With a 35% expense ratio rule of thumb, including professional property management (which is on standby for your convenience), vacancy, maitenance expenses and more we get a 6.4% CAP rate. 10 GRM and 6.4 CAP rate are amazing returns for this area. You can get 7-8% CAP and higher when self-managed. Alternatively, it's ideal for an owner-occupant looking to live in one unit while renting out the other. Eligible for FHA 203(k) financing, this property presents an excellent house-hacking opportunity for a savvy owner-occupant investor. Don't miss out on this attractive investment opportunity in Bridgeport’s thriving community!
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
High School: Upper Merion
Features
Utilities
Radiator Heating, Natural Gas, None, Electric, Hot Water - Natural Gas, Public Water, Public Sewer, Electric Available, Natural Gas Available
Garage/Parking
None
Interior
Ceiling Fan(s), Unfinished Basement, Fully Carpeted Flooring, Tile/Brick Flooring, Vinyl Flooring
Exterior
Brick Exterior, Patio(s), Sidewalks, Street Lights
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (23 schools)
Public Middle (8 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Eisenhower Middle School | Norristown Area School District | 5–8 | Norristown | 1.89 mi |
| Stewart Middle School | Norristown Area School District | 5–8 | Norristown | 1.99 mi |
| Colonial Middle School | Colonial School District | 6–8 | Plymouth Meeting | 2.22 mi |
| Upper Merion Middle School | Upper Merion Area School District | 5–8 | King of Prussia | 2.45 mi |
| East Norriton Middle School | Norristown Area School District | 5–8 | Norristown | 3.58 mi |
| Black Rock Middle School | Lower Merion School District | 5–8 | Villanova | 3.78 mi |
| Pennsylvania Virtual Charter School | Pennsylvania Virtual Charter School | K–12 | King of Prussia | 3.93 mi |
| Agora Cyber Charter School | Agora Cyber Charter School | K–12 | King of Prussia | 4.17 mi |
Public High (9 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Roosevelt Campus of the Norristown Area | Norristown Area School District | 9–12 | Norristown | 1.51 mi |
| Central Montco Technical High School | Central Montco Technical High School | 9–12 | Plymouth Meeting | 1.94 mi |
| Upper Merion High School | Upper Merion Area School District | 9–12 | King of Prussia | 2.44 mi |
| Norristown Area High School | Norristown Area School District | 9–12 | Norristown | 3.3 mi |
| Plymouth-Whitemarsh Senior High School | Colonial School District | 9–12 | Plymouth Meeting | 3.5 mi |
| Pennsylvania Virtual Charter School | Pennsylvania Virtual Charter School | K–12 | King of Prussia | 3.93 mi |
| Agora Cyber Charter School | Agora Cyber Charter School | K–12 | King of Prussia | 4.17 mi |
| Harriton Senior High School | Lower Merion School District | 9–12 | Bryn Mawr | 4.36 mi |
| Radnor Senior High School | Radnor Township School District | 9–12 | Radnor | 4.55 mi |
Private (33 schools)
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This report is a detailed community overview for Bridgeport (19405), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 26
- Average salary of people in this community: $54,526
Community Summary
- Population Density (ppl / mile): 6,703
- Household Size (ppl): 2.21
- Households w/ Children: 46%
Housing Inventory
- Owned: 1,112 (43.6%)
- Rented: 1,256 (49.2%)
- Vacant: 184 (7.2%)
- Total: 2,552
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 3.8%
- Some High School: 8.0%
- High School Graduate: 26.7%
- Some College: 20.4%
- Associate Degree: 11.7%
- Bachelor's Degree: 20.7%
- Graduate Degree: 8.8%
Income by dollar range
Median Income: $63,460
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $687
- One Bedroom: $1,057
- Two Bedroom: $1,176
- Three Bedroom: $1,700
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
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or call me now at 302-529-2601
Listing Courtesy of: RE/MAX Plus , (215) 422-3711, properties@plusrealtors.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 7/18/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
