Two-Unit Duplex with Two-Car
107 Fairview Avenue Bridgeport, CT 06606
107 Fairview Avenue, Bridgeport, CT, 06606
$599,000
For Sale
$599,000
Income-producing two-unit duplex with basement laundry hookups and a two-car garage near St. Vincent's Hospital.
Property Size3,170 SF
Price / SF$188.96
Days on Market36
Property Features for 107 Fairview Avenue
General Information
- Standard status
- Active
- Size
- 3,170 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1925
Listing Agency
Keller Williams Realty
(203) 858-2192
Listed by
Angela Araujo
(203) 858-2192
Source
Lockandkeyre
Added: Jun 11 Checked: Jul 16 at 6:36 am
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This two-unit duplex is positioned as an income-producing property while also accommodating owner-occupancy. The home includes laundry hookups in the basement and a two-car garage, providing practical on-site utility and covered parking. With a versatile multi-family layout, the property can support a live-in-and-lease setup or a fully rental-focused approach.
The property is located at 107 Fairview Avenue in Bridgeport, Connecticut, about one block from St. Vincent's Hospital. The surrounding area is described as being convenient to hospitals, shopping, restaurants, public transportation, and major highways, supporting everyday accessibility for tenants and residents.
For buyers seeking a multi-family asset with functional in-house laundry and garage parking, this duplex offers a straightforward residential income profile. Its configuration may appeal to owner-occupants who want to occupy one unit while renting the other, or to investors evaluating a residential income property close to healthcare and other daily needs. If you’re looking for a duplex with amenities and a flexible live/work or rental strategy, this Fairview Avenue property is worth a closer look.
The property is located at 107 Fairview Avenue in Bridgeport, Connecticut, about one block from St. Vincent's Hospital. The surrounding area is described as being convenient to hospitals, shopping, restaurants, public transportation, and major highways, supporting everyday accessibility for tenants and residents.
For buyers seeking a multi-family asset with functional in-house laundry and garage parking, this duplex offers a straightforward residential income profile. Its configuration may appeal to owner-occupants who want to occupy one unit while renting the other, or to investors evaluating a residential income property close to healthcare and other daily needs. If you’re looking for a duplex with amenities and a flexible live/work or rental strategy, this Fairview Avenue property is worth a closer look.
Key Highlights
- Two‑unit duplex, built in 1925, positioned one block from St. Vincent's Hospital
- Income‑producing multi‑family layout with space for owner‑occupants or investors
- Basement laundry hookups included
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 | $62.8k | $19.80 |
| − Vacancy | −$4.1k | −$1.29 |
| EGI | $58.7k | $18.51 |
| − OpEx | −$17.6k | −$5.55 |
| NOI | $41.1k | $12.96 |
3,170 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$586.9K
$513.5K – $684.7K
NOI $41,080 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$532.7K
$466.1K – $621.5K
NOI $37,288 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$904.8K
$791.7K – $1.06M
NOI $63,335 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Income-producing two-unit duplex with basement laundry hookups and a two-car garage near St. Vincent's Hospital.
Where is this duplex located?
The property is located at 107 Fairview Avenue Bridgeport, CT.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two‑unit duplex, built in 1925, positioned one block from St. Vincent's Hospital; Income‑producing multi‑family layout with space for owner‑occupants or investors; Basement laundry hookups included
