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704-724 East Main And 30 Walter St, Bridgeport, 06608

Lots AND Vacant Land - Residential Land For Sale

$399,000

Beds
Baths
Sqft
.53Acres
Built
117DOM
MLS® #: 170220006
Active, 117 Days on Market

CALLING ALL BUILDERS AND DEVELOPERS! APPROVED MIXED USE LEVEL CORNER LOT IS READY TO BUILD! PROJECTED ANNUAL NET INCOME $294,780!! APPROVALS ARE FOR A 3-STORY MIXED-USE BUILDING THAT CONSISTS OF 2 FLOORS OF A TOTAL OF 13 TWO-BEDROOM APARTMENTS, OVER 4,052 SF OF RETAIL THAT WAS APPROVED FOR 4 UNITS WITH PARKING FOR 25 CARS. 172' FRONTAGE ON EAST MAIN STREET. LOCATION IS JUST 1/4 MILE FROM I95 AND LESS TO RTE 8 EXIT 3. * THIS IS A 4 PARCEL LOT CONSISTING OF COMBINED ACREAGE OF .53 AND THE FOLLOWING 4 ADDRESSES: 704 EAST MAIN STREET - .20 OF AN ACRE; 716 EAST MAIN STREET, .08 OF AN ACRE; 724 EAST MAIN STREET, .15 OF AN ACRE AND 30 WALTERS STREET, .10 OF AN ACRE. TOTAL TAXES SHOWN ON LISTING OF $6,793 AS A PARCEL OF LAND. * THIS IS COMMERCIAL VACANT LAND THAT HAS AN APPROVAL FOR MIXED-USE RESIDENTIAL APARTMENT AND COMMERCIAL RETAIL.PROJECTED INCOME IS AS FOLLOWS: 800-1200 SF APARTMENTS RANGING FROM $1400 - $1600 PER UNIT. RETAIL OF 4,000 SF WOULD BE $15. PROJECTED NET GROSS INCOME: $255,147.

Essential Information

MLS® #: 170220006
Price: $399,000
Bathrooms: 0.00
Acres: 0.53
Type: Lots AND Vacant Land
Sub-Type: Residential Land
Status: Active

Community Information

Address: 704-724 East Main And 30 Walter St
Area: N/A
City: Bridgeport
County: Fairfield
State: CT
Zip Code: 06608

Amenities

Utilities: Cable, Gas, Telephone
Waterfront: Not Applicable

Exterior

Lot Description: Level Topography, Approved Building Lot, Corner, Dry

School Information

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

Additional Information

Date Listed: July 25th, 2019
Days on Market: 117
Zoning: MUP

Listing Details

Listing Office: Coldwell Banker Residential Brokerage

©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.