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Two-Family Home with In-Law Suite

1287 Howard Avenue Bridgeport, CT 06605

New
1287 Howard Avenue, Bridgeport, CT, 06605
$579,900
For Sale
$579,900

Two-family residence with three private entrances and a finished third-floor in-law-style suite.

Property Size2,937 SF
Price / SF$197.45
Days on Market5

Property Features for 1287 Howard Avenue

General Information

Standard status
Active
Size
2,937 SF
Property subtype
2 Family

Building Details

Year Built
1934
Listing agency Century 21 AllPoints Realty
Listed by Tyler DeVecchis · License #452508574
Source Iverty
Added: Jul 18 Updated: Jul 21 at 11:15AM Checked: Jul 21 at 11:15AM

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 Century 21 AllPoints Realty


Investment Insights

Based on property information with market context.

Located at 1287 Howard Avenue, this well-maintained two-family home offers a flexible configuration for owner-occupants and investors. Each of the first- and second-floor apartments features spacious two-bedroom layouts with walk-in closets, bright living rooms, formal dining rooms, and full bathrooms, with hardwood floors noted in the dining areas. A finished third-floor in-law-style suite adds two bedrooms and a full bathroom, supported by separate private entrances.

The property sits on the edge of the Brooklawn neighborhood. Outdoor space includes an oversized backyard and ample off-street parking.

The home reflects recent major improvements, including a newer roof, replacement windows, a furnace, and a hot water heater.

Key Highlights

  • Two‑family home built in 1934 with approximately 2,937 sq ft of living space
  • 6 bedrooms and 3 full bathrooms across the two apartments plus a finished third‑floor in‑law‑style suite
  • Three private entrances for flexible living arrangements and rental use

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 $58.2k $19.80
− Vacancy −$3.8k −$1.29
EGI $54.4k $18.51
− OpEx −$16.3k −$5.55
NOI $38.1k $12.96
2,937 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$543.7K
$475.8K – $634.4K (±1% cap)
NOI $38,061 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$493.5K
$431.8K – $575.8K (±1% cap)
NOI $34,547 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$838.3K
$733.5K – $978.0K (±1% cap)
NOI $58,680 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store Gym & Fitness Center Cafe & Coffee Shop Bakery Locksmith Acupuncture Skin Care Clinic (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Two-family residence with three private entrances and a finished third-floor in-law-style suite.
Where is this duplex located?
The property is located at 1287 Howard Avenue Bridgeport, CT.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: Two‑family home built in 1934 with approximately 2,937 sq ft of living space; 6 bedrooms and 3 full bathrooms across the two apartments plus a finished third‑floor in‑law‑style suite; Three private entrances for flexible living arrangements and rental use
Contact an agent
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