Residential Triplex with
1171 Noble Avenue Bridgeport, CT 06608
1171 Noble Avenue, Bridgeport, CT, 06608
$699,900
For Sale
$699,900
Three-unit triplex with hardwood floors, updated kitchens, tiled baths, a new roof, and a private yard with a 3-car garage.
Property Size3,024 SF
Price / SF$231.45
Days on Market27
Property Features for 1171 Noble Avenue
General Information
- Standard status
- Active
- Size
- 3,024 SF
- Property subtype
- Multi-Family / 3 Family
Building Details
- Year Built
- 1909
Listing Agency
RE/MAX Right Choice
(203) 209-3818
Listed by
Basil Amso · License #RES.0777456
(203) 209-3818
Source
Compass
Added: Jun 21 Checked: Jul 17 at 2:17 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 RE/MAX Right Choice
Investment Insights
Based on property information with market context.
This residential triplex offers three large units with hardwood floors throughout. The property features modern kitchens, tiled baths, new roof, gas heat, and vinyl thermopane windows. Outside, there is a private yard and a 3-car garage.
The home is described as being in a desirable, up-and-coming neighborhood with convenient access to the train, shopping, and major highways.
As a for-sale investment or owner-occupied opportunity, the public remarks note there is value-add potential by bringing rents to market rate. The property can also be sold as part of a package with the adjacent property at 1179 Noble Ave (MLS 24186516).
The home is described as being in a desirable, up-and-coming neighborhood with convenient access to the train, shopping, and major highways.
As a for-sale investment or owner-occupied opportunity, the public remarks note there is value-add potential by bringing rents to market rate. The property can also be sold as part of a package with the adjacent property at 1179 Noble Ave (MLS 24186516).
Key Highlights
- Three‑unit triplex built in 1909 with hardwood floors throughout
- Updated kitchens and tiled baths in the units
- New roof, plus gas hot air heat and attic access via hatch
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 | $59.9k | $19.80 |
| − Vacancy | −$3.9k | −$1.29 |
| EGI | $56.0k | $18.51 |
| − OpEx | −$16.8k | −$5.55 |
| NOI | $39.2k | $12.96 |
3,024 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$559.8K
$489.9K – $653.1K
NOI $39,188 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$508.2K
$444.6K – $592.9K
NOI $35,571 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$863.1K
$755.2K – $1.01M
NOI $60,418 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit triplex with hardwood floors, updated kitchens, tiled baths, a new roof, and a private yard with a 3-car garage.
Where is this triplex located?
The property is located at 1171 Noble Avenue Bridgeport, CT.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Three‑unit triplex built in 1909 with hardwood floors throughout; Updated kitchens and tiled baths in the units; New roof, plus gas hot air heat and attic access via hatch
