Two-Family Residential Income
18-20 Clinton Avenue Bridgeport, CT 06605
18-20 Clinton Avenue, Bridgeport, CT, 06605
$550,000
For Sale
$550,000
Large two-family property with a three-bedroom first-floor unit and an updated five-bedroom, two-bath second unit.
Property Size2,679 SF
Price / SF$205.30
Days on Market76
Property Features for 18-20 Clinton Avenue
General Information
- Standard status
- Active
- Size
- 2,679 SF
- Property subtype
- Multi-Family / 2 Family
Building Details
- Year Built
- 1897
Listing agency
Century 21 Scala Group
(203) 233-7445
Listed by
Thomas Payne · License #RES.0824672
(203) 233-7445
Source
Compass
Added: May 8 Updated: Jul 21 at 2:07AM Checked: Jul 22 at 7:25AM
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 Century 21 Scala Group
Investment Insights
Based on property information with market context.
This very large two-family residential income property totals 2,679 square feet and features two separate living units. The first-floor unit includes three bedrooms and one bathroom. The second unit is a spacious two-floor apartment with five bedrooms and two bathrooms and has been recently updated.
Conveniently located just minutes from I-95 and I-91, the property offers practical access for day-to-day commuting. It’s offered for sale as a duplex-style investment or owner-occupant opportunity.
Overall, the configuration supports clear unit separation with bedroom and bath layouts that scale from the first-floor three-bedroom residence to the larger two-floor second unit.
Conveniently located just minutes from I-95 and I-91, the property offers practical access for day-to-day commuting. It’s offered for sale as a duplex-style investment or owner-occupant opportunity.
Overall, the configuration supports clear unit separation with bedroom and bath layouts that scale from the first-floor three-bedroom residence to the larger two-floor second unit.
Key Highlights
- 2,679 SF two‑family property with 12 total rooms and Year Built 1897
- First‑floor unit: 3 bedrooms and 1 bathroom
- Second unit: updated two‑floor layout with 5 bedrooms and 2 bathrooms
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 | $53.0k | $19.80 |
| − Vacancy | −$3.4k | −$1.29 |
| EGI | $49.6k | $18.51 |
| − OpEx | −$14.9k | −$5.55 |
| NOI | $34.7k | $12.96 |
2,679 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$496.0K
$434.0K – $578.6K
NOI $34,717 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$450.2K
$393.9K – $525.2K
NOI $31,512 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$764.6K
$669.1K – $892.1K
NOI $53,525 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Large two-family property with a three-bedroom first-floor unit and an updated five-bedroom, two-bath second unit.
Where is this duplex located?
The property is located at 18-20 Clinton Avenue Bridgeport, CT.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,679 SF two‑family property with 12 total rooms and Year Built 1897; First‑floor unit: 3 bedrooms and 1 bathroom; Second unit: updated two‑floor layout with 5 bedrooms and 2 bathrooms
