Multifamily Property with Two-Car
107 Fairview Avenue Bridgeport, CT 06606
For Sale
$599,000
Pending
MULTI_FAMILY - Bridgeport, CT
Property Size3,170 SF
Lot Size0.13 Acres
Days on Market46
Property Features for 107 Fairview Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RA
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 8, Bedroom 5, Basement, Bedroom 4, Bedroom 9, Bathroom 2, Bedroom 7, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 1
- Basement
- Unfinished, Full
- Standard status
- Pending
- Size
- 3,170 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 9027
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1925
- Architectural style
- Other
Listing Agency:
Keller Williams Realty
(203) 429-4020
Listed By:
Angela Araujo
(203) 858-2192
Added: Jun 11
Changed: Jul 11
Last Checked: Jul 26 at 5:06PM
MLS# 24180527
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 multifamily property offers residential income and owner-occupant flexibility within a single building. The home includes laundry hookups in the basement and a two-car garage, providing practical on-site utility and parking convenience. With approximately 3,170 square feet of space on a 0.13-acre lot, it is configured for residential use under RA zoning.
The property is located at 107 Fairview Avenue in Bridgeport, CT, just one block from St. Vincent's Hospital. The surrounding area includes access to shopping, restaurants, public transportation, and major highways, which can be helpful for tenant convenience and day-to-day connectivity.
For buyers, the layout supports strategies such as living in one unit while renting the others, or focusing purely on income-producing tenancy. The combination of in-building laundry hookups, on-site garage parking, and proximity to a major healthcare employer may appeal to tenants seeking stable, functional amenities close to everyday services.
The property is located at 107 Fairview Avenue in Bridgeport, CT, just one block from St. Vincent's Hospital. The surrounding area includes access to shopping, restaurants, public transportation, and major highways, which can be helpful for tenant convenience and day-to-day connectivity.
For buyers, the layout supports strategies such as living in one unit while renting the others, or focusing purely on income-producing tenancy. The combination of in-building laundry hookups, on-site garage parking, and proximity to a major healthcare employer may appeal to tenants seeking stable, functional amenities close to everyday services.
Key Highlights
- Multi‑family income‑producing property built in 1925
- About one block from St. Vincent's Hospital
- Public water and public sewer
Financial Insights For Apartment 5plus
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 | $71.5k | $22.56 |
| − Vacancy | −$3.7k | −$1.17 |
| EGI | $67.8k | $21.39 |
| − OpEx | −$30.5k | −$9.62 |
| NOI | $37.3k | $11.76 |
3,170 SF · lease $22.56/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$532.7K
$466.1K – $621.5K
NOI $37,288 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
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
Multifamily properties
FAQs
What type of property is this?
Multifamily property - Multifamily home with basement laundry hookups and a two-car garage near St. Vincent’s Hospital.
Where is this multifamily property 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: Multi‑family income‑producing property built in 1925; About one block from St. Vincent's Hospital; Public water and public sewer
