2049 Main Street,  Bridgeport CT, 06604

(Active)
$349,000
|
5,364 sqft
|
MLS# 170149353
1of
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Last Updated: 8/23/2019 12:20 PM
Description for 2049 Main Street Bridgeport, CT 06604
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.
Price
$349,000
N/A
Fairfield
5,364 (approx)
170149353
Active
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.
Listing Information
Property Type: General Commercial, Other
0.12 Acres 5,364 (approx) 1920
N/A
Natural Gas, Electric
Neighborhood
Room Information
Interior Features
None, Window Air Conditioning, A/C - Zone, Wall Air Conditioning
3
Exterior / Lot Features
On Street
None
OR
Level
Sidewalks, Highway Access, Downtown, Urban, Level
Driving Directions
2nd from the corner of north st and main st
Financial Considerations
$11,464
Listing Price History

Bridgeport Real Estate

Bridgeport is located in Connecticut. Bridgeport, Connecticut 06604 has a population of 144,963.

The median household income for the surrounding county is $72,845 compared to the national median of $49,877. The median age of people living in Bridgeport 06604 is 41 years.

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Courtesy: Award Prop., Alexander Ward
This Information is from Smart MLS and has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.
This content last refreshed on 8/23/2019 12:20 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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