1032-34 Reservoir AveBridgeport, CT 06606

Property Details for 1032-34 Reservoir Ave

Year built

1926

Property size (Sq ft)

4,503 SF

Property type

Commercial real estate

Description

This exceptional Bridgeport investment encompasses four parcels: 1032, 1034, and 1026 Reservoir Avenue, and 90 Rita Avenue, totaling 4,503 square feet. The property offers a unique blend of income-generating assets and future development potential. Two three-bedroom single-family homes are included, both in move-in ready condition, providing immediate rental income or owner-occupied options. A thriving liquor store contributes a consistent revenue stream, adding to the property's financial stability. The additional land parcel located behind 1026 Reservoir Avenue (also known as 90 Rita Avenue) presents significant opportunities for expansion or future development projects, allowing for increased property value and income generation. Taxes and assessments are combined for all components, providing a clear and comprehensive financial picture for potential investors. This package deal presents a rare chance to acquire a diverse portfolio of income-producing assets and development land in a prime Bridgeport location. The combined properties offer a compelling investment opportunity with multiple revenue streams and significant upside potential. The existing structures are in good condition and ready for immediate use, minimizing initial investment requirements.

Location Insight

City

Bridgeport

County

Fairfield

State

Connecticut

Latitude

41.2147

Longitude

-73.1917

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