149 Shelton Street Bridgeport, CT 06608
Renovated first-floor unit with off-street parking in a two-family property with a full basement.
- Added:
- Jun 24, 2026
- Days on Market:
- 18
- Last Refresh:
- Jul 1 at 1:49 am
Property Features for 149 Shelton Street
General Information
- Standard status
- Active
- Size
- 2,156 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1920
Listing office Serhant Connecticut, LLC (860) 801-7630
Listing date Jun 24, 2026
Source Lockandkeyre
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 Serhant Connecticut, LLC
Investment Insights
Based on property information with market context.
The property is located near shopping, dining, parks, schools, and public transportation, with Metro-North access and major commuter routes nearby. This convenience supports day-to-day accessibility for residents and helps make the location practical for a range of tenant lifestyles.
From a tenant and buyer fit standpoint, the move-in-ready first-floor condition can reduce near-term updates for an owner-occupant while still supporting rental use for the second unit. The combination of updated interior improvements, a newer roof, and off-street parking adds to the overall livability and day-to-day ease of operating this two-family asset.
Key Highlights
- Two‑family home built in 1920 with approximately 2,156 SF of living space, 4 bedrooms, and 2 full bathrooms
- First‑floor unit is fully renovated with new flooring and updated finishes throughout—move‑in ready
- Significant capital improvements include a newer roof to help minimize future maintenance
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 | $42.7k | $19.80 |
| − Vacancy | −$2.8k | −$1.29 |
| EGI | $39.9k | $18.51 |
| − OpEx | −$12.0k | −$5.55 |
| NOI | $27.9k | $12.96 |
