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Duplex with Third-Floor Unit

1179 Noble Avenue Bridgeport, CT 06608

1179 Noble Avenue, Bridgeport, CT, 06608
$669,900
Pending
For Sale
$669,900
Pending

Two-unit home with a finished third-floor unit, new roof, vinyl siding, and private yard with garage.

Property Size3,073 SF
Days on Market26

Property Features for 1179 Noble Avenue

General Information

Standard status
Pending
Size
3,073 SF
Property subtype
2 Family

Building Details

Year Built
1909
Listing agency RE/MAX Right Choice
Listed by Basil Amso · License #RES.0777456
Source Lockandkeyre
Added: Jun 26 Updated: Jul 20 at 11:50PM Checked: Jul 21 at 3:28AM

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 duplex includes a finished third-floor unit, creating three distinct living areas within the property. Improvements noted in the remarks include a new roof and vinyl siding. The units feature modern kitchens and baths, along with hardwood floors throughout. The property is heated with gas heat and has thermopane windows.

Outside, the home offers a private yard and an accompanying garage. The public remarks also describe convenient access to the train, shopping, and major highways.

The property is offered for sale with the opportunity to add value by bringing rents up to market, and it can also be sold as part of a package with the adjacent three-family property listed as 1171 Noble Ave (MLS 24186515).

Key Highlights

  • Two‑unit home with a finished third‑floor unit (2F plus 3rd floor) in a building built in 1909
  • New roof and vinyl siding
  • Hardwood floors throughout and thermopane windows

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 $60.8k $19.80
− Vacancy −$4.0k −$1.29
EGI $56.9k $18.51
− OpEx −$17.1k −$5.55
NOI $39.8k $12.96
3,073 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$568.9K
$497.8K – $663.7K (±1% cap)
NOI $39,823 @ 7.0% cap · market cap 5.94%
Second Best
Apartment 5plus
$516.4K
$451.8K – $602.5K (±1% cap)
NOI $36,147 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$877.1K
$767.5K – $1.02M (±1% cap)
NOI $61,397 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Acupuncture Gym & Fitness Center Travel Agency Catering Service (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit home with a finished third-floor unit, new roof, vinyl siding, and private yard with garage.
Where is this duplex located?
The property is located at 1179 Noble Avenue Bridgeport, CT.
What is the asking price?
The asking price for this property is $669,900.
What are key features of this property?
This property features: Two‑unit home with a finished third‑floor unit (2F plus 3rd floor) in a building built in 1909; New roof and vinyl siding; Hardwood floors throughout and thermopane windows
Contact an agent
More about this property
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