Four-Unit Residential Income
110 Coleman St Bridgeport, CT 06604
110 Coleman St, Bridgeport, CT, 06604
$599,900
For Sale
$599,900
This four-unit property features separate utilities and a walk-out unfinished basement with an added full bathroom.
Property Size4,399 SF
Price / SF$136.37
Days on Market86
Property Features for 110 Coleman St
General Information
- Standard status
- Active
- Size
- 4,399 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1886
Listing agency
Jonathan Gineo
(860) 372-4666
Listed by
Jonathan D. Gineo · License #REB.0790286
(860) 372-4666
Source
Elliman
Added: Apr 27 Updated: Jul 20 at 9:08PM Checked: Jul 21 at 5:06AM
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 Jonathan Gineo
Investment Insights
Based on property information with market context.
110 Coleman Street is a four-unit residential income property configured across four well-laid-out units. The first-floor unit spans the entire level with 3 bedrooms plus a den, along with a formal living room, dining room, and an eat-in kitchen. The second floor includes two separate 2-bedroom, 1-bath units, and the third-floor unit provides a 1-bedroom, 1-bath layout. Each unit has separate utilities to support efficient management. The walk-out unfinished basement includes an added full bathroom.
The property is located in the West End neighborhood of Bridgeport and is within walking distance to downtown Bridgeport and major transportation hubs. WalkScore is listed at 81 (Very Walkable), BikeScore at 63 (Bikeable), and TransitScore at 47 (Some Transit). A private driveway leads to a detached one-car garage.
A private driveway and detached garage support off-street parking, while the unfinished walk-out basement offers additional usable space potential given the presence of the added full bathroom.
The property is located in the West End neighborhood of Bridgeport and is within walking distance to downtown Bridgeport and major transportation hubs. WalkScore is listed at 81 (Very Walkable), BikeScore at 63 (Bikeable), and TransitScore at 47 (Some Transit). A private driveway leads to a detached one-car garage.
A private driveway and detached garage support off-street parking, while the unfinished walk-out basement offers additional usable space potential given the presence of the added full bathroom.
Key Highlights
- 4,399 SF, 1886‑built four‑unit multi‑family on Coleman Street in Bridgeport’s West End
- Four well‑laid‑out units: 1st floor 3BR + den with living, dining, and eat‑in kitchen; 2nd floor has two 2BR/1BA units; 3rd floor 1BR/1BA unit
- Separate utilities for all units for efficiency and easier management
Local 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 | $99.2k | $22.56 |
| − Vacancy | −$5.2k | −$1.17 |
| EGI | $94.1k | $21.39 |
| − OpEx | −$42.3k | −$9.62 |
| NOI | $51.7k | $11.76 |
4,399 SF · lease $22.56/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$814.4K
$712.6K – $950.1K
NOI $57,007 @ 7.0% cap · market cap 9.50%
Second Best
Apartment 5plus
$739.2K
$646.8K – $862.4K
NOI $51,744 @ 7.0% cap · market cap 8.63%
Theoretical Best
Office A
$1.26M
$1.10M – $1.46M
NOI $87,890 @ 7.0% cap · market cap 14.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - This four-unit property features separate utilities and a walk-out unfinished basement with an added full bathroom.
Where is this quadplex located?
The property is located at 110 Coleman St Bridgeport, CT.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 4,399 SF, 1886‑built four‑unit multi‑family on Coleman Street in Bridgeport’s West End; Four well‑laid‑out units: 1st floor 3BR + den with living, dining, and eat‑in kitchen; 2nd floor has two 2BR/1BA units; 3rd floor 1BR/1BA unit; Separate utilities for all units for efficiency and easier management
