Bridgeport Two-Family Investment
44-46 Grenelle Street Bridgeport, CT 06606
44-46 Grenelle Street, Bridgeport, CT, 06606
$399,000
Pending
For Sale
$399,000
Pending
MULTI_FAMILY - Bridgeport, CT
Property Size2,400 SF
Lot Size0.15 Acres
Days on Market80
Property Features for 44-46 Grenelle Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- N2
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 6, Bathroom 1, Basement
- Parking
- 2
- Basement
- Full, Unfinished
- Standard status
- Pending
- Size
- 2,400 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 15272
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1919
Listing agency
Keller Williams Realty
(203) 429-4020
Listed by
Kim Tromba · License #RES.0805598
(203) 550-6039
Added: May 4 Updated: Jul 15 at 4:31AM Checked: Jul 22 at 6:06PM
MLS# 24171604
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-family home in Bridgeport presents a significant investment opportunity. The property, situated in a desirable location, requires extensive work but offers excellent potential for investors, contractors, or developers. The property is being sold as-is and must be sold together with the adjacent lot. The sale is subject to probate approval. The property size is 2400 square feet and the lot size is 0.15 acres. The zoning is N2. The property will not qualify for conventional mortgage - cash only.
Key Highlights
- Two‑family home (sold as‑is) requires extensive work and is subject to probate approval
- Must be sold together with the adjacent lot at 34 Grenelle (MLS #24171641)
- Public water and public sewer services available
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.5k | $19.80 |
| − Vacancy | −$3.1k | −$1.29 |
| EGI | $44.4k | $18.51 |
| − OpEx | −$13.3k | −$5.55 |
| NOI | $31.1k | $12.96 |
2,400 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$444.3K
$388.8K – $518.4K
NOI $31,102 @ 7.0% cap · market cap 7.79%
Second Best
Apartment 5plus
$403.3K
$352.9K – $470.5K
NOI $28,231 @ 7.0% cap · market cap 7.08%
Theoretical Best
Office A
$685.0K
$599.4K – $799.2K
NOI $47,951 @ 7.0% cap · market cap 12.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family home in Bridgeport, sold as-is with adjacent lot.
Where is this duplex located?
The property is located at 44-46 Grenelle Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two‑family home (sold as‑is) requires extensive work and is subject to probate approval; Must be sold together with the adjacent lot at 34 Grenelle (MLS #24171641); Public water and public sewer services available
