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2049 Main St, Bridgeport, 06604

REDUCED 13% Commercial/Investment - Investment, Office, Retail, Residential Income For Sale

$349,000

Beds
Baths
5,364Sqft
.12Acres
1920Built
251DOM
MLS® #: 170149353
Active, 251 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.

Essential Information

MLS® #: 170149353
Price: $349,000
Bathrooms: 0.00
Square Footage: 5,364
Acres: 0.12
Year Built: 1920
Type: Commercial/Investment
Sub-Type: Investment, Office, Retail, Residential Income
Status: Active

Community Information

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

Amenities

Utilities: Electric, Gas
Parking: On Street Parking
Garages: On Street Parking

Interior

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

Exterior

Exterior Features: Awnings, Sidewalk
Lot Description: Level Topography
Roof: Asphalt Shingle
Construction: Frame
Foundation: Brick, Concrete

Additional Information

Date Listed: December 11th, 2018
Days on Market: 251
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.