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Fully Renovated Legal Fourplex

100 Putnam St Bridgeport, CT 06608

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For Sale
$869,000

Move-in ready four-unit property with a finished basement that offers flexibility for additional living or rental configurations.

Type:Multi Family
Property size:
3,744 SF
Lot size:
0.16 Acres
Price / SF:
$232/SF
Added:
Jun 21, 2026
Days on Market:
21
Last Refresh:
Jun 22 at 2:06 am

Property Features for 100 Putnam St

General Information

Standard status
Active
Size
3,744 SF
Lot size
0.16 Acres
Property subtype
Multi Family

Building Details

Year Built
1867

Listing office The Greene Realty Group

Listing date Jun 21, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of The Greene Realty Group


Investment Insights

Based on property information with market context.

This fully renovated, move-in-ready legal fourplex is set up for straightforward multi-family living, with a total of 10 bedrooms and 4 bathrooms. The interior living space is supported by an additional finished basement, providing meaningful extra room for tenant use or future configuration. The basement is designed in a way that could support creating two separate one-bedroom units, giving an operator additional pathways for how the space can be utilized.

Located at 100 Putnam St in Bridgeport, CT, the property sits on a 6,970 sq. ft. lot. Public remarks also note a walk score of 72 (very walkable) and a bike score of 56 (bikeable), with a transit score of 41 (some transit), which can support tenant accessibility for everyday needs.

For buyers and operators seeking a renovated income property, the layout offers multiple options: four existing units within a legal structure, plus the opportunity to reimagine the finished basement for additional one-bedroom configurations. With the home already brought to move-in-ready condition, it can help reduce near-term turn and improvement concerns while maintaining flexibility in how the additional space may be used.

Key Highlights

  • Fully renovated legal 4‑family home built in 1867, offered move‑in ready
  • 10 bedrooms and 4 bathrooms across 3,744 sq. ft. of renovated interior living space
  • Additional 1,872 sq. ft. finished basement with potential to create two separate 1‑bedroom units

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 $74.1k $19.80
− Vacancy −$4.8k −$1.29
EGI $69.3k $18.51
− OpEx −$20.8k −$5.55
NOI $48.5k $12.96
3,744 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$693.1K
$606.5K – $808.7K (±1% cap)
NOI $48,519 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$629.1K
$550.5K – $734.0K (±1% cap)
NOI $44,040 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$1.07M
$935.0K – $1.25M (±1% cap)
NOI $74,803 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Skin Care Clinic Acupuncture Parking Lot & Garage Gym & Fitness Center Travel Agency Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Move-in ready four-unit property with a finished basement that offers flexibility for additional living or rental configurations.
Where is this quadplex located?
The property is located at 100 Putnam St Bridgeport, CT.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: Fully renovated legal 4‑family home built in 1867, offered move‑in ready; 10 bedrooms and 4 bathrooms across 3,744 sq. ft. of renovated interior living space; Additional 1,872 sq. ft. finished basement with potential to create two separate 1‑bedroom units
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