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29-35 Ridge Avenue

Bridgeport, CT 06604
  • $990,000
  • STATUS: Active Under Contract
  • ON SITE: 101 Days
  • MLS #: 170501264
Under Contract
$990,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,028
    SQFT
  • $71
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1989
County:
Area:

School Ratings & Info

Description

Welcome to The Villas! Amazing investment opportunity to own these 2 fully-rented buildings totaling 10 affordable housing units in the South End of Bridgeport. The second building address is 107-125 Columbia Street. Building 1 features two 3BR units and two 4BR units, while Building 2 features three 2BR units and three 3BR units. Large lot provides off-street parking for tenants. Cap rate above 6.5% with NOI of over $66k annually. Convenient location for commuter tenants- close to the buslines and highways. Great upside potential after some repairs and updates. Interested buyers must provide Proof of Income or Pre-approval Letter including proof of down payment funds, prior to viewing the properties.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-10-04T00:09:58.967.
www.foreverhomesrealestate.net/homes/130259408
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29-35 Ridge Avenue Bridgeport, CT 06604

  • Price: $990,000
  • Status: Active Under Contract
  • On Site: 101 Days
  • MLS #: 170501264
0
Beds
0
Baths
0
½ Baths
0.34
Acres
14,028
SQFT
$71
$/SQFT
1989
Built
Neighborhood:
South End
County:
Fairfield
Area:
Bridgeport
Property Description
Welcome to The Villas! Amazing investment opportunity to own these 2 fully-rented buildings totaling 10 affordable housing units in the South End of Bridgeport. The second building address is 107-125 Columbia Street. Building 1 features two 3BR units and two 4BR units, while Building 2 features three 2BR units and three 3BR units. Large lot provides off-street parking for tenants. Cap rate above 6.5% with NOI of over $66k annually. Convenient location for commuter tenants- close to the buslines and highways. Great upside potential after some repairs and updates. Interested buyers must provide Proof of Income or Pre-approval Letter including proof of down payment funds, prior to viewing the properties.
Exterior Features

Construction Description Frame Exterior Features Sidewalk Foundation Type Concrete Lot Description Level Lot Parking Total Spaces 0 Road Frontage Description Municipal Street Roof Information Asphalt Shingle

Interior Features

Cooling System None Heat Type Hot Water

Property Features

Bank Owned Property Yn No Commercial Category Residential Income Documents Available None Garage Parking Info Off Street ParkingParking Lot Heat Fuel Type Natural GasOil Location Urban Possession Availability Negotiable Potential Short Sale Yn No Present Use Residential / Apartment Bldng Property Tax 20415 Sewage System Public Sewer Connected Sign Yn No Utilities Available ElectricGasPhone AvailableCable Available Water Source Public Water Connected Zoning Rc

Listing information © 2022 Smart MLS
Listing provided courtesy of Valerie King of Keller Williams Realty Prtnrs.: (203) 459-4663.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-10-04T00:09:58.967.
 
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