2049 Main Street

    Bridgeport, CT 06604
    • $349,000
    • STATUS: Active
    • ON SITE: 160 days
    • MLS #: 170149353
    $349,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,364
      SQFT
    • $65
      $/SQFT
    Neighborhood:
    N/A
    Type:
    Commercial
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Description

    This mixed-used property has a ton of potential to be a money making machine. With a current gross rent roll of $44,400, with an easy potential gross rent roll of $60,000+ and with low taxes ($11,500), this could be an safe 11%+ cap rate!The building is composed of 3 retail stores on the lower level and 2 HUGE 2 bedroom apartments spread out on the 2nd and 3rd floor. The structure has overall good bones and charming 1920's construction. The upper apartments are in need of some cosmetic TLC but the layout and anatomy of the apartments lead to such potential for so much more income. Rents are on a month to month basis and unadjusted for 40 years. Please reach out for more information and a break down of the rentals. Such a good investment to lead to retirement or to add to your income.

    Monthly Payment Calculator



    © 2019 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Higgins Group - The CT Home Finder. Data last updated: 2019-05-20T23:56:38.087.
    www.thecthomefinder.com/homes/90018675

    2049 Main Street Bridgeport, CT 06604

    • Price: $349,000
    • Status: Active
    • MLS #: 170149353
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    5,364
    SQFT
    $65
    $/SQFT
    1920
    Built
    Neighborhood:
    N/A
    County:
    Fairfield
    Area:
    Bridgeport
    Property Description
    This mixed-used property has a ton of potential to be a money making machine. With a current gross rent roll of $44,400, with an easy potential gross rent roll of $60,000+ and with low taxes ($11,500), this could be an safe 11%+ cap rate!The building is composed of 3 retail stores on the lower level and 2 HUGE 2 bedroom apartments spread out on the 2nd and 3rd floor. The structure has overall good bones and charming 1920's construction. The upper apartments are in need of some cosmetic TLC but the layout and anatomy of the apartments lead to such potential for so much more income. Rents are on a month to month basis and unadjusted for 40 years. Please reach out for more information and a break down of the rentals. Such a good investment to lead to retirement or to add to your income.
    Exterior Features

    Construction Description Frame Exterior Features AwningsSidewalk Foundation Type BrickConcrete Lot Description Level Lot Parking Total Spaces 0 Road Frontage Description Municipal Street Roof Information Asphalt Shingle

    Interior Features

    Cooling System Wall UnitWindow UnitZonedNone Heat Type Hot Air

    Property Features

    Bank Owned Property Yn No Commercial Category InvestmentOfficeResidential IncomeRetail Documents Available None Flood Zone Yn No Garage Parking Info On Street Parking Heat Fuel Type Natural Gas Location Highway AccessDowntownUrban Possession Availability Asap Property Tax 11464 Sewage System Public Sewer Connected Sewer Usage Fee Annual 313 Sign Yn No Utilities Available ElectricGas Water Source Public Water Connected Zoning Or

    Listing information © 2019 Smart MLS
    Listing provided courtesy of Xander Ward of Award Prop., Alexander Ward.


    © 2019 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Higgins Group - The CT Home Finder. Data last updated: 2019-05-20T23:56:38.087.
     
    The Higgins Group - The CT Home Finder
    1499 Post Road
    Fairfield CT, 06880