Skip To Content
    Return to Previous Page

    1016-1050 Madison Avenue

    Bridgeport, CT 06606
    • $1,200,000
    • STATUS: Active
    • MLS #: 170354389
    UPDATED: 73 min ago
    $1,200,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 19,260
      SQFT
    • $62
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1939
    County:
    Area:

    School Ratings & Info

    Description

    LOCATION! LOCATION! Opportunity knocks to own A WHOLE CITY BLOCK on prime MADISON AVENUE. Over 160' of frontage providing direct exposure and easy access to 5 retail units, (one) 3 family and (one) 2 family home; all occupied except one unit under renovation with potential for added rental income. This unique parcel of properties is a rare investment opportunity with a CAP RATE of 8% and potential for up to 10%! This is your ONE STOP INVESTMENT PROPERTY! The fully occupied 4 unit retail building boasts street side window displays, off-street tenant parking with access from both Garden Street and Liberty Street, updated public utilities PLUS NATURAL GAS. The fully occupied 3 family home has been updated on all floors with new floors, new kitchen, updated bath, gas and public utilities and has ample tenant off street parking in the rear. The oversized 2 family home is first floor occupied and has been updated with all new plumbing, new electrical, new kitchen and bath. The second floor has potential for additional income as the 2 bedroom could be 4+ once complete. Very spacious and lots of capacity for an extended family living situation. More info available upon request.

    Monthly Payment Calculator



    © 2020 Smart MLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Cameron Prestige, LLC. Data last updated: 2020-11-24T09:09:57.313.
    www.cameronprestige.com/homes/111824150
    Print Image

    1016-1050 Madison Avenue Bridgeport, CT 06606

    • Price: $1,200,000
    • Status: Active
    • Updated: 73 min ago
    • MLS #: 170354389
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.5
    Acres
    19,260
    SQFT
    $62
    $/SQFT
    1939
    Built
    Neighborhood:
    Brooklawn
    County:
    Fairfield
    Area:
    Bridgeport
    Property Description
    LOCATION! LOCATION! Opportunity knocks to own A WHOLE CITY BLOCK on prime MADISON AVENUE. Over 160' of frontage providing direct exposure and easy access to 5 retail units, (one) 3 family and (one) 2 family home; all occupied except one unit under renovation with potential for added rental income. This unique parcel of properties is a rare investment opportunity with a CAP RATE of 8% and potential for up to 10%! This is your ONE STOP INVESTMENT PROPERTY! The fully occupied 4 unit retail building boasts street side window displays, off-street tenant parking with access from both Garden Street and Liberty Street, updated public utilities PLUS NATURAL GAS. The fully occupied 3 family home has been updated on all floors with new floors, new kitchen, updated bath, gas and public utilities and has ample tenant off street parking in the rear. The oversized 2 family home is first floor occupied and has been updated with all new plumbing, new electrical, new kitchen and bath. The second floor has potential for additional income as the 2 bedroom could be 4+ once complete. Very spacious and lots of capacity for an extended family living situation. More info available upon request.
    Exterior Features

    Construction Description BrickOther Foundation Type Concrete Lot Description Level Lot Parking Total Spaces 0 Road Frontage Approximate 160 Road Frontage Description Municipal Street Roof Information Asphalt Shingle

    Interior Features

    Cooling System Ceiling FansWindow Unit Heat Type Gas On Gas Interior Features Public RestroomsWindow Display

    Property Features

    Bank Owned Property Yn No Commercial Category InvestmentResidential IncomeRetailOther Documents Available Brochure Flood Zone Yn No Garage Parking Info PavedOff Street Parking Heat Fuel Type Natural Gas Location Highway AccessDowntownStrip Mall Possession Availability 90% Potential Short Sale Yn No Present Use Multifamily & Retail Mixed Property Tax 37052 Sewage System Public Sewer Connected Sign Yn Yes Subdividable Ynu Yes Tenants Number Of 9 Utilities Available ElectricGasTelephoneCable Water Source Public Water Connected Zoning Org

    Listing information © 2020 Smart MLS
    Listing provided courtesy of Maureen Perrotti of Berkshire Hathaway Ne Prop..


    © 2020 Smart MLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Cameron Prestige, LLC. Data last updated: 2020-11-24T09:09:57.313.
     
    https://bt-photos.global.ssl.fastly.net/ctmls/orig_boomver_1_170354389-2.jpg https://bt-photos.global.ssl.fastly.net/ctmls/orig_boomver_1_170354389-2.jpg https://bt-photos.global.ssl.fastly.net/ctmls/orig_boomver_1_170354389-2.jpg
    Logo
    Cameron Prestige, LLC
    20 DelCarmine St
    Wakefield MA, 01880