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    Two-Family Residential Income Property Title is generated by Realmo AI

    1626 Iranistan Avenue, Bridgeport, CT 06604

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    Claim this Listing
    New
    For Sale
    $475,000

    MULTI_FAMILY - Bridgeport, CT

    Property size:
    1,856 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $255/SF
    Added:
    Jun 17, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 23 at 12:06 am

    Property Features for 1626 Iranistan Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RB
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 3, Basement, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1
    Basement
    Unfinished, Full
    Standard status
    Active
    Size
    1,856 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    5803

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1887
    Architectural style
    Other

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    Listing Contact
    Cisco Borres

    Listing agent Cisco Borres

    Listing office RE/MAX Right Choice 105 Technology Drive, Suite 1a, Trumbull, CT

    Listing date Jun 17, 2026

    MLS# 24184661 Listing URL

    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.

    HighLights

    • Two‑family property built in 1887 with separate living spaces and currently rented units
    • First‑floor unit: spacious living room, eat‑in kitchen, 2 bedrooms, and dedicated laundry room
    • Second‑floor unit: living room, kitchen, 2 bedrooms, and an additional office space
    • Full basement offers storage and separate heating systems, hot water heaters, and electrical services for each unit
    • Utilities: public water and public sewer
    • Convenient Bridgeport area access near I‑95, Route 8, Bridgeport Train Station, and public transportation

    Overview

    This two-family residential income property is arranged with separate living spaces on the first and second floors. The first-floor unit includes a spacious living room, an eat-in kitchen, two bedrooms, and a dedicated laundry room. The second-floor unit features a living room, kitchen, two bedrooms, and an additional office space that may support a variety of uses. A full basement provides storage and includes separate heating systems, hot water heaters, and electrical services for each unit. The property is described as well maintained and requiring minimal updating.

    Located at 1626 Iranistan Avenue in Bridgeport, Connecticut, the home is positioned for convenient commuting and access to area services. Public remarks note proximity to I-95, Route 8, the Bridgeport Train Station, public transportation, and nearby shopping and amenities.

    For investors or owner-occupants, the current configuration supports two independently served units, which can help simplify day-to-day operations. With both floors offering multiple rooms and the basement supporting each unit with separate mechanical and electrical systems, the property may fit buyers looking for a maintained duplex with an established rental setup in a well-connected Bridgeport location.

    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 $36.7k $19.80
    − Vacancy −$2.4k −$1.29
    EGI $34.4k $18.51
    − OpEx −$10.3k −$5.55
    NOI $24.1k $12.96
    1,856 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $343.6K
    $300.7K – $400.9K (±1% cap)
    NOI $24,052 @ 7.0% cap · market cap 5.06%
    Second Best
    Apartment 5plus
    $311.9K
    $272.9K – $363.9K (±1% cap)
    NOI $21,832 @ 7.0% cap · market cap 4.60%
    Theoretical Best
    Office A
    $529.7K
    $463.5K – $618.0K (±1% cap)
    NOI $37,082 @ 7.0% cap · market cap 7.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeport
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.20635
    Latitude
    41.18171

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-unit duplex with separate utility systems and dedicated indoor laundry/storage space.
    Where is this duplex located?
    The property is located at 1626 Iranistan Avenue Bridgeport, CT.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Two‑family property built in 1887 with separate living spaces and currently rented units; First‑floor unit: spacious living room, eat‑in kitchen, 2 bedrooms, and dedicated laundry room; Second‑floor unit: living room, kitchen, 2 bedrooms, and an additional office space
    More about this property
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