2049 Main Street

Bridgeport, CT 06604 Directions
$349,000 Reduced from $399,000 Reduced $50,000
  • 5,364Sqft
  • 0.12Acres
  • 1920Built
  • $65Price/Sqft

Property Highlights

  • Mid. School: Per Board Of Ed
  • Jr. High School: Per Board Of Ed
  • High School: Per Board Of Ed
  • Days on Market: 37
  • MLS: 170146359

Property Highlights

  • Mid. School: Per Board Of Ed
  • Jr. High School: Per Board Of Ed
  • High School: Per Board Of Ed
  • Days on Market: 37
  • MLS: 170146359

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...

Property Highlights

  • Mid. School: Per Board Of Ed
  • Jr. High School: Per Board Of Ed
  • High School: Per Board Of Ed
  • Days on Market: 37
  • MLS: 170146359

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.

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.

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  • Additional Information
    • Days On Market: 36
    • Elementary School: Per Board of Ed
    • Gross Income: 44400
    • High School: Per Board of Ed
    • Junior High School: Per Board of Ed
    • Living Area SqFt: 5,364
    • Middle School: Per Board of Ed
    • Sewer: Public Sewer Connected
    • Style: Units on different Floors, Other
    • Subtype: Other
    • Tax Amount: $11,464
    • Tax Year: July 2018-June 2019
    • Type: Multi-Family For Sale
    • Year Built: 1920
  • Interior/Exterior Features
    • Air Conditioning: Wall Unit, Window Unit, Zoned, None
    • Attic: Yes
    • Cooling: Wall Unit, Window Unit, Zoned, None
    • Exterior Siding: Shingle, Brick, Wood
    • Heat: Hot Air

Listing Courtesy of Award Prop., Alexander Ward.

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