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201 Lewis Street, Bridgeport, CT, 06605
Renovated Two-Family with In-Law

201 Lewis Street Bridgeport, CT 06605

For Sale
$599,000

Renovated two-family home with 4 bedrooms and 2 bathrooms plus a separate 1-bedroom in-law apartment.

Property Size2,940 SF
Price / SF$203.74
Days on Market137

Property Features for 201 Lewis Street

General Information

Standard status
Active
Size
2,940 SF
Property subtype
Multi-Family / 2 Family

Building Details

Year Built
1892
Listing Agency: Ethos Rlty, LLC
Listed By: Geni C Silva · License #RES.0820573
Source: Compass
Added: Mar 9 Changed: Jul 23 Last Checked: Jul 23 at 4:56PM

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 Ethos Rlty, LLC


Investment Insights

Based on property information with market context.

This totally renovated multi-family property includes a two-family home configuration with a total of 4 bedrooms and 2 bathrooms. A separate in-law apartment is also included, offering 1 bedroom and 1 bathroom, a kitchen, and its own private entrance for added independence and flexibility.

The property is located near downtown Bridgeport, CT, with convenient access to restaurants, shopping, public transportation, and major highways for day-to-day needs and commuting.

With multiple separate living areas and fully updated finishes, the layout supports both rental use and owner-occupant scenarios where additional space or income is desired.

Key Highlights

  • Renovated 2‑family home plus a separate 1‑bedroom in‑law apartment with its own private entrance
  • Total layout includes 4 bedrooms and 2 bathrooms across the two‑family home and in‑law apartment
  • In‑law apartment features 1 bedroom, 1 bathroom, a kitchen, and private entry

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 $58.2k $19.80
− Vacancy −$3.8k −$1.29
EGI $54.4k $18.51
− OpEx −$16.3k −$5.55
NOI $38.1k $12.96
2,940 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$544.3K
$476.3K – $635.0K (±1% cap)
NOI $38,100 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$494.0K
$432.3K – $576.4K (±1% cap)
NOI $34,583 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$839.1K
$734.3K – $979.0K (±1% cap)
NOI $58,740 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Locksmith (Bike/Boat/Book/etc) Store Florist Pet Store Acupuncture Home Appliance Store Butcher Skin Care Clinic (Bike/Boat/Book/etc) Store Travel Agency

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

FAQs

What type of property is this?
Duplex - Renovated two-family home with 4 bedrooms and 2 bathrooms plus a separate 1-bedroom in-law apartment.
Where is this duplex located?
The property is located at 201 Lewis Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Renovated 2‑family home plus a separate 1‑bedroom in‑law apartment with its own private entrance; Total layout includes 4 bedrooms and 2 bathrooms across the two‑family home and in‑law apartment; In‑law apartment features 1 bedroom, 1 bathroom, a kitchen, and private entry
More about this property
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