149 Shelton Street Bridgeport, CT 06608
MULTI_FAMILY - Bridgeport, CT
Property Features for 149 Shelton Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RC
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Basement, Bathroom 1, Bedroom 4
- Basement
- Full, Unfinished
- Standard status
- Active
- Size
- 2,156 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 5768
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Architectural style
- Other
Listing agent Jithu Sajeevan License #REB.0795779 (860) 801-7630
Listing office Serhant Connecticut, LLC 500 W Putnam Avenue, New York, CT (203) 489-7800
Listing date Jun 25, 2026
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located in Bridgeport, CT and sits within RC zoning. The public remarks cite convenient proximity to shopping, dining, parks, schools, and public transportation, with Metro-North access and major commuter routes also mentioned as nearby. This mix of everyday amenities and commuter access is a practical consideration for both residents and tenants.
For an owner-occupant, the renovated first-floor unit offers an immediate path to comfortable living while maintaining rental income from the second unit. For investors, the duplex structure provides two separate residential units within one property, supported by documented upgrades such as the newer roof and the extensive renovation to the first floor. Off-street parking and the full basement add everyday functionality for residents at home.
Key Highlights
- Well‑maintained two‑family home with approx. 2,156 SF living space, 4 bedrooms, and 2 full bathrooms
- First‑floor unit has been fully renovated with new flooring and updated finishes throughout
- Significant capital improvements include a newer roof
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 |
