New Listing - 12/11/2024

$850,000

Est. Mortgage $4,298/mo *

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252 Lindley Street, Bridgeport, CT, 06606

252 Lindley Street, Bridgeport, CT, 06606
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10 beds

5 Full baths

1907

6,331 sqft

Investors, seize this highly profitable opportunity to own a 6-unit mixed-use building with strong positive cash flow in the rapidly appreciating City of Bridgeport! The property boasts a fully operational restaurant on the main level, featuring a spacious dining area, a commercial-grade kitchen, and two bathrooms-one for customers and one for staff. Upstairs, you'll find five 2-bedroom residential units, with four recently renovated to offer modern, move-in-ready living spaces. A large detached garage adds to the income, while the dry, full basement provides ample space for storage or expansion. With rents currently set below market value, there's significant upside potential for increased cash flow under new ownership. Additional features include a newer roof, energy-efficient windows, and auto-lighting in the hallways. The apartment on the left ground level can be converted back to a second commercial space that it is zoned for. Conveniently located near restaurants and with easy highway access, this property is perfectly positioned for future growth and won't last long-act fast!

Status:

Active

Type:

Commercial

Units:

6

Zoning:

ILI

Frontage:

Municipal Street,Paved Road

Heating:

Hot Air

Cooling:

None

Acreage:

0.11

Est. Taxes:

$13,095

Assessment

$301,390

Current Use

Mixed Use

Utilities

Electric,Gas,Telephone,Cable

Lot Description:

Dry,Level Lot

Days on Market:

10

MLS #:

24064006

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Lucy Larracuente-Johnson, Larracuente & Johnson Realty, LLC Email: ljohnson35@sbcglobal.net