40 Bridge Street, Westport, CT 06880 | Listings

40 Bridge Street, Westport, CT 06880

  • $975,000
  • 3 Beds
  • 1 Full | 1 Partial Baths
  • 2,331 sq ft
  • Single Family
  • Listing #170319053

Property Description

Attention investors, builders, 1031 traders, or smart Home Buyers searching for property that can offer flexibility and options for profit. Buy 2 lots and get the house for free!

If you are moving to the area, and seek a temporary home with the potential for profit, this is an ideal situation. The spec home immediately adjoining, 36 Bridge sold in 2019 for $1,259,000. The 36 Bridge lot sold in 2017 for $500K. Another home, 20 Bridge sold for $1,699,999 in August 2018.

This listing is composed of 2 divided lots and includes a habitable -- but dated -- 3 Bedroom, 2 Bathroom ranch on 2 lots!

For investors, this home is economically obsolete in terms of comparable large SFR's adjoining. Still, as a perfectly viable charming ranch, it offers the option to get better lending terms and a 30 year loan than 2 raw lots. May even be desirable to occupy and raise a family. Sell the adjoining lot and pay off some of your purchase price. In sum, lots of options.

Listing Details

Bedrooms3 Beds
Bathrooms1 Full | 1 Partial Baths
Property TypeSingle Family
Listing #170319053
Listing TypeFor Sale

Interior Features

Square Feet2,331
Heating and CoolingBaseboard, Radiant, Window Unit

Exterior Features

Lot Size0.30 acres

Courtesy of Angus Beavers, Keller Williams Prestige Prop.

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This content last updated on 9/29/2020 4:23 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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