Amazing Investment Opportunity !


Property

Website: https://www.nestseekers.com/5443773
Address:
1368-1370 East Main
Bridgeport, CT 06608
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 12 BR
Bathrooms: 4
Area: 13776 sq ft

Financials

Price:$1,550,000
Annual Taxes:$13,366

Description

Amazing Investment Opportunity! At 1368-1370 E. Main Street there are Four 3-Bedroom units (5,504 sq ft) plus 2,904 sq ft of Retail Space on the street level. The same tax card also includes 376 Berkshire Ave., a storage facility adjacent to 1368-1370 E. Main Street. Unfinished Basement 2,556 sq ft for storage. So in total, there are 4 residential units (renting $1,850; $1,700; $1,500; $1,800); Two Retail Units (1368 & 1370 E. Main), currently operating as a Liquor Store, plus a Storage Facility rented at $750/month - all income producing. Retail Business is included in the total price, however liquor inventory is additional. Residential units have been updated with newer kitchens. Off-street parking, gas heat and cooking. Tenants pay all utilities. Residential income approx - $7,600./month Retail potential income approx - $3,000./mo. currently, the Liquor Store is owner operated. Buyer has the option to continue operating or sell the business separately.

Amenities

  • Elementary School - Luis Munoz Marin
  • High School - Per Board of Ed
  • Intermediate School - Per Board of Ed

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Mei Ling Cheung of BHGRE Shore & Country