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$475,000

129 Wood Avenue

7,404 Sq.Ft.

Description

Great investment opportunity to own a commercial mixed-use property on the West End of Bridgeport with close proximity to downtown, and highway access. Top floor has 4 spacious 1BR units with full bath. Potential opportunity to utilize roof terrace to create lounge area for tenants. Main floor has a convenience store, and a restaurant with large storage in the basement. All units have occupied tenants with rent paid in a timely manner. Property is located on a corner lot with great foot traffic, located near Curiale School and Laurelwood Place Apartments. Good income producing commercial property with Gross Income of $73,200, NOI of $56,603, and Cap Rate of 12%.

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Location

129 Wood Avenue, Bridgeport, CT 06605

Status

Sold

Open House

Features & Amenities

Area & Lot

  • Status:Sold
  • LIVING SPACE:7,404 Sq.Ft.
  • LOT SIZE:3,920 Sq.Ft.
  • MLS® ID:170397379
  • Type: Commercial
  • Year Built:1892

Interior

  • Flooring information:Tile, Wood
  • Other Interior Features:Tile, Wood

Exterior

  • Stories: 2
  • Water Source: Public
  • Utilities: Cable Available, Natural Gas Available
  • ROOF:Asphalt
  • Lot Features:Corner Lot, Level
  • Parking:On Street
  • Heat Type:Electric, Natural Gas, Baseboard, Hot Water
  • Air Conditioning:Central Air
  • Sewer:Public Sewer

Financial

  • SALES PRICE $475,000
  • REAL ESTATE TAXES $10,397/yr
  • Zoning ORN

Chandano Meas

Realtor®
PHONE NUMBER 203-209-7632
EMAIL ADDRESS [email protected]
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