Fully Occupied 4-Unit Residential
For Sale
$810,000
Pending
108 Lindley St, Bridgeport, CT 06606
Fully occupied four-family with four 3-bedroom, 1-bath units and recently updated roof and water heaters.
Property Size4,668 SF
Days on Market312
Property Features for 108 Lindley St
General Information
Standard status
Pending
Size
4,668 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
4
Building Details
Year Built
1920
Listing Agency:
Top Tier Realty Group, LLC
Listed By:
Lisa Nussbaum (203) 521-5339 (203) 521-5339 · License #REB.0794757
(203) 521-5339
Source:
Centralconnecticuthomefinder
Added: Dec 14, 2025
Changed: Oct 1
Last Checked: Oct 20 at 9:09PM
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 Top Tier Realty Group, LLC
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Investment Insights
Based on property information with market context.
This fully occupied four-family residential property includes four separate units, each configured with three bedrooms and one bathroom. The roof is reported as two years old, and the property also features newer water heaters.
Situated in a walkable area, the public remarks note BikeScore of 52 and WalkScore of 83, with a TransitScore of 35.
The building is offered for sale as an income-producing multifamily asset with stable occupancy in place.
Situated in a walkable area, the public remarks note BikeScore of 52 and WalkScore of 83, with a TransitScore of 35.
The building is offered for sale as an income-producing multifamily asset with stable occupancy in place.
Key Highlights
- Fully occupied 4‑family built in 1920 with four 3‑bedroom/1‑bath units
- Recently updated roof (about 2 years old)
- Newer water heaters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,493
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,209,860
$1.2M
Cap Rate 7%
$864,186
$864.2K
Cap Rate 9%
$672,144
$672.1K
Market Conditions
NOI Build-Up for 4,668 SF
Gross rent
$92.4K $19.80/SF
− Vacancy
−$6.0K −$1.29/SF
EGI
$86.4K $18.51/SF
− OpEx
−$25.9K −$5.55/SF
NOI
$60.5K $12.96/SF
Area
Bridgeport, CT
Vacancy
6.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,209,860
Cap Rate 7%
$864,186
Cap Rate 9%
$672,144
Alternative Uses
Best Use
Multifamily LT 5
$864.2K
$756.2K – $1.01M
NOI $60,493 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$784.4K
$686.4K – $915.2K
NOI $54,909 @ 7.0% cap · market cap 6.78%
Theoretical Best
Office A
$1.33M
$1.17M – $1.55M
NOI $93,264 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,980
Businesses Nearby
Explore this area
Business Placement
Demographics for 06606, CT
48,427
Population
19,002
Households
2.5
Avg Household Size
36
Median Age
23%
College-Educated
82%
High-School Grad
5.3 sq mi
ZIP Area
9,137
Density / Sq Mi
$68,538
Median Household Income
$35,128
Median Earnings
$1,434
Median Rent
$272,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied four-family with four 3-bedroom, 1-bath units and recently updated roof and water heaters.
Where is this quadplex located?
The property is located at 108 Lindley St Bridgeport, CT.
What is the asking price?
The asking price for this property is $810,000.
What are key features of this property?
This property features: Fully occupied 4‑family built in 1920 with four 3‑bedroom/1‑bath units; Recently updated roof (about 2 years old); Newer water heaters
