Connect

Find us on...

Dashboard

Log in using...

2049 Main St, Bridgeport, 06604

REDUCED 13% Multi-Family - Other For Sale

$349,000

Beds
Baths
5,364Sqft
.12Acres
1920Built
205DOM
MLS® #: 170146359
Active, 205 Days on Market

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. Neighboring property towards north ave is available for sale as well.

Essential Information

MLS® #: 170146359
Price: $349,000
Bathrooms: 0.00
Square Footage: 5,364
Acres: 0.12
Year Built: 1920
Type: Multi-Family
Sub-Type: Other
Style: 2updown - Unit(S) per Floor, Other
Status: Active

Community Information

Address: 2049 Main St
Area: N/A
City: Bridgeport
County: Fairfield
State: CT
Zip Code: 06604

Amenities

Parking: On Street Parking
Garages: On Street Parking
Waterfront: Not Applicable

Interior

Heating: Hot Air, Natural Gas
Cooling: Window Unit, Zoned, None, Wall Unit

Exterior

Exterior: Brick, Wood, Shingle
Exterior Features: Porch, Sidewalk, Awnings, Balcony
Lot Description: Level Topography, City Views
Roof: Asphalt Shingle
Construction: Frame
Foundation: Concrete, Brick

School Information

Elementary: Per Board of Ed
Middle: Per Board of Ed
High: Per Board of Ed

Additional Information

Date Listed: November 27th, 2018
Days on Market: 205
Zoning: OR

Listing Details

Listing Office: Award Prop., Alexander Ward

Financials

$/SqFt: $65

©2019 Listings courtesy of the Connecticut Multiple Listing Service, Inc.

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.

Listing data is deemed reliable but is not guaranteed accurate by the MLS.