2-Unit Residential
149 Milne Street, Bridgeport, CT 06604
For Sale
$470,000
Both residences include eat-in kitchens, two bedrooms, and family rooms.
Property Size1,992 SF
Price / SF$235.94
Days on Market22
Property Features for 149 Milne Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
eXp Realty
Listed By:
Imelda Isles
(914) 325-0294
Source:
Elizabethcaseyhomes
Added: Oct 19
Changed: Nov 9
Last Checked: Nov 8 at 7:53PM
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 eXp Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,992-square-foot duplex, built in 1883, contains two residences with matching layouts. Each has an eat-in kitchen, two bedrooms, and a family room. The property is being sold as is.
Key Highlights
- Two residences with matching floor plans
- 1,992 square feet across the duplex
- Each unit has an eat‑in kitchen, two bedrooms, and a family room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,815
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,300
$516.3K
Cap Rate 7%
$368,786
$368.8K
Cap Rate 9%
$286,833
$286.8K
Market Conditions
NOI Build-Up for 1,992 SF
Gross rent
$39.4K $19.80/SF
− Vacancy
−$2.6K −$1.29/SF
EGI
$36.9K $18.51/SF
− OpEx
−$11.1K −$5.55/SF
NOI
$25.8K $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%
$516,300
Cap Rate 7%
$368,786
Cap Rate 9%
$286,833
Alternative Uses
Best Use
Multifamily LT 5
$368.8K
$322.7K – $430.3K
NOI $25,815 @ 7.0% cap · market cap 5.49%
Second Best
Apartment 5plus
$334.7K
$292.9K – $390.5K
NOI $23,431 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$568.6K
$497.5K – $663.3K
NOI $39,799 @ 7.0% cap · market cap 8.47%
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
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,596
Businesses Nearby
Explore this area
Business Placement
Demographics for 06604, CT
30,003
Population
12,972
Households
2.3
Avg Household Size
35
Median Age
29%
College-Educated
74%
High-School Grad
3.2 sq mi
ZIP Area
9,376
Density / Sq Mi
$45,794
Median Household Income
$34,706
Median Earnings
$1,419
Median Rent
$231,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Bridgeport, CT
Properties on Market for Duplexes in Bridgeport
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include eat-in kitchens, two bedrooms, and family rooms.
Where is this duplex located?
The property is located at 149 Milne Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Two residences with matching floor plans; 1,992 square feet across the duplex; Each unit has an eat‑in kitchen, two bedrooms, and a family room
