Duplex with Updated
New
For Sale
$599,999
202-204 Bunnell, Bridgeport, CT 06607
Each floor has a washer and dryer hookup, with additional space in the attic and basement for future buildout.
Property Size2,761 SF
Price / SF$217.31
Days on Market4
Property Features for 202-204 Bunnell
General Information
Standard status
Active
Size
2,761 SF
Property subtype
2 Family
Additional Details
Multifamily Units
2
Amenities
washer/dryer hookups
Building Details
Year Built
1892
Listing Agency:
LPT Realty
(877) 366-2213
Listed By:
Kimmy Vendryes-Martin · License #RES.0810025
Source:
Lockandkeyre
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 8:13AM
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 LPT Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,761-square-foot duplex was built in 1892 and has new roofing, heating, electrical, plumbing, windows, kitchens, bathrooms, and flooring. Washer and dryer hookups are provided on both floors. The attic is unfinished and includes space previously arranged for two bedrooms and a living area; the full basement has high ceilings and is also unfinished.
The property includes on-site parking and a yard. It is located at 202-204 Bunnell Street in Bridgeport, Connecticut.
The property includes on-site parking and a yard. It is located at 202-204 Bunnell Street in Bridgeport, Connecticut.
Key Highlights
- 2,761‑square‑foot duplex built in 1892
- New roof, heating, electrical, plumbing, windows, kitchens, bathrooms, and flooring
- Washer and dryer hookups on each floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,780
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,600
$715.6K
Cap Rate 7%
$511,143
$511.1K
Cap Rate 9%
$397,556
$397.6K
Market Conditions
NOI Build-Up for 2,761 SF
Gross rent
$54.7K $19.80/SF
− Vacancy
−$3.6K −$1.29/SF
EGI
$51.1K $18.51/SF
− OpEx
−$15.3K −$5.55/SF
NOI
$35.8K $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%
$715,600
Cap Rate 7%
$511,143
Cap Rate 9%
$397,556
Alternative Uses
Best Use
Multifamily LT 5
$511.1K
$447.3K – $596.3K
NOI $35,780 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$464.0K
$406.0K – $541.3K
NOI $32,477 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$788.0K
$689.5K – $919.4K
NOI $55,163 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
856
Businesses Nearby
Explore this area
Business Placement
Demographics for 06607, CT
8,690
Population
2,696
Households
3.2
Avg Household Size
33
Median Age
7%
College-Educated
75%
High-School Grad
1.2 sq mi
ZIP Area
7,242
Density / Sq Mi
$49,555
Median Household Income
$32,000
Median Earnings
$1,398
Median Rent
$218,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each floor has a washer and dryer hookup, with additional space in the attic and basement for future buildout.
Where is this duplex located?
The property is located at 202-204 Bunnell Bridgeport, CT.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: 2,761‑square‑foot duplex built in 1892; New roof, heating, electrical, plumbing, windows, kitchens, bathrooms, and flooring; Washer and dryer hookups on each floor
