Two-Unit Duplex with Detached
For Sale
$519,000
161-163 Harriet, Bridgeport, CT 06608
The layout includes three kitchens and full baths, with private off-street parking for two vehicles.
Property Size1,900 SF
Price / SF$175.52
Days on Market15
Property Features for 161-163 Harriet
General Information
Standard status
Active
Size
1,900 SF
Property subtype
2 Family
Lease Term
Listing ID: 24210917, Standard Status: Active, MLS Status: Active, Property Subtype: 2 Family, 9 days on market
Additional Details
Multifamily Units
2
Building Details
Building Size
1,900 SF
Year Built
1900
Listing Agency:
Continental Real Estate
(877) 996-5728
Listed By:
Derek Eisenberg · License #REB.0756009
(201) 803-5250
Source:
Iverty
Added: Sep 30
Changed: Oct 13
Last Checked: Oct 12 at 7:56PM
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 Continental Real Estate
Investment Insights
Based on property information with market context.
This legal two-family property contains 2,957 square feet and dates to 1900. Its interior configuration includes three kitchens and three full bathrooms, offering distinct household facilities within the building.
A detached garage and a private two-car driveway provide on-site vehicle accommodation at 161-163 Harriet Street in Bridgeport, Connecticut.
A detached garage and a private two-car driveway provide on-site vehicle accommodation at 161-163 Harriet Street in Bridgeport, Connecticut.
Key Highlights
- Legal two‑family property
- 2,957 square feet; built in 1900
- Three kitchens and three full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,320
Cap Rate
7.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$766,400
$766.4K
Cap Rate 7%
$547,429
$547.4K
Cap Rate 9%
$425,778
$425.8K
Market Conditions
NOI Build-Up for 2,957 SF
Gross rent
$58.5K $19.80/SF
− Vacancy
−$3.8K −$1.29/SF
EGI
$54.7K $18.51/SF
− OpEx
−$16.4K −$5.55/SF
NOI
$38.3K $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%
$766,400
Cap Rate 7%
$547,429
Cap Rate 9%
$425,778
Alternative Uses
Best Use
Multifamily LT 5
$547.4K
$479.0K – $638.7K
NOI $38,320 @ 7.0% cap · market cap 7.38%
Second Best
Apartment 5plus
$496.9K
$434.8K – $579.7K
NOI $34,783 @ 7.0% cap · market cap 6.70%
Theoretical Best
Office A
$844.0K
$738.5K – $984.7K
NOI $59,079 @ 7.0% cap · market cap 11.38%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,023
Businesses Nearby
Explore this area
Business Placement
Demographics for 06608, CT
14,312
Population
4,915
Households
2.9
Avg Household Size
33
Median Age
7%
College-Educated
67%
High-School Grad
1.0 sq mi
ZIP Area
14,312
Density / Sq Mi
$43,008
Median Household Income
$30,524
Median Earnings
$1,311
Median Rent
$222,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - The layout includes three kitchens and full baths, with private off-street parking for two vehicles.
Where is this duplex located?
The property is located at 161-163 Harriet Bridgeport, CT.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Legal two‑family property; 2,957 square feet; built in 1900; Three kitchens and three full bathrooms
