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Off market
  • $2,016,600

    1016-1050 Madison Ave, Bridgeport, CT 06606

    6beds
    18,423sqft
    MultiFamily
    Built in 1939
    -- sqft lot
    $2,016,600 Zestimate®
    $109/sqft
    $3,386 Estimated rent

    Home value

    $2,016,600

    $1.73M - $2.38M

    $3,386/mo

    Zestimate® history
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    Owner options

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    $3,386/mo

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    $3,386/mo

    Rent Zestimate®

    Refinance and save

    $11,366/mo

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    $11,366/mo

    Est. payment

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    What's special

    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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Gas
    Features
    • Basement: Full
    • Attic: Floored
    Interior area
    • Total interior livable area: 18,423 sqft
    • Finished area below ground: 6431

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Other, Brick
    • Waterfront features: Not Applicable
    Lot
    • Size: 0.5 Acres
    • Features: Level
    Details
    • Zoning: ORG

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1939

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected

    Community & HOA

    Location
    • Region: Bridgeport

    Financial & listing details

    • Price per square foot: $109/sqft
    • Annual tax amount: $16,673
    • Total actual rent: 1200000

    Price history

    DateEventPrice
    2/5/2021Sold$1,075,000-10.4%$58/sqft
    Source: BHHS NE Properties sold #170354389_06606 Report a problem
    12/29/2020Pending sale$1,200,000$65/sqft
    Source: Berkshire Hathaway HomeServices New England Properties #170354705 Report a problem
    12/25/2020Listing removed--
    Source: Berkshire Hathaway HomeServices New England Properties Report a problem
    12/18/2020Pending sale$1,200,000$65/sqft
    Source: Berkshire Hathaway HomeServices New England Properties #170354705 Report a problem
    11/12/2020Listed for sale$1,200,000$65/sqft
    Source: Berkshire Hathaway NE Prop. #170354705 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: North End

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $2,016,600
    2% more
    +$40,332
    With Zillow Showcase(estimated)
    $2,056,932