Two-Family Residential Income
202-204 James Street Bridgeport, CT 06604
For Sale
$459,900
Two occupied units with separate utilities and off-street parking, offering month-to-month tenant flexibility.
Property Size2,780 SF
Price / SF$165.43
Days on Market93
Property Features for 202-204 James Street
General Information
- Standard status
- Active
- Size
- 2,780 SF
- Property subtype
- Multi-Family / 2 Family
Building Details
- Year Built
- 1890
Listing Agency:
Social & Co Realty
(203) 278-3802
Listed By:
Tyler Amann · License #RES.0828289
(203) 278-3802
Source:
Compass
Added: Apr 22
Changed: Jul 20
Last Checked: Jul 21 at 6:35AM
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 Social & Co Realty
Investment Insights
Based on property information with market context.
This well-maintained two-family property offers two spacious, functional units with separate utilities and off-street parking. Both units are currently occupied by month-to-month tenants, providing flexibility for the next owner to continue collecting rental income or adjust occupancy after transition.
The property is located in Bridgeport, CT, with convenience to shopping, restaurants, schools, public transportation, and major highways.
With a duplex configuration and existing tenant occupancy, this offering may suit buyers seeking a straightforward residential income asset in a well-established area.
The property is located in Bridgeport, CT, with convenience to shopping, restaurants, schools, public transportation, and major highways.
With a duplex configuration and existing tenant occupancy, this offering may suit buyers seeking a straightforward residential income asset in a well-established area.
Key Highlights
- Two‑family home built in 1890 with 10 total rooms
- Both units are currently occupied by month‑to‑month tenants
- Separate utilities for the two units
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 | $55.0k | $19.80 |
| − Vacancy | −$3.6k | −$1.29 |
| EGI | $51.5k | $18.51 |
| − OpEx | −$15.4k | −$5.55 |
| NOI | $36.0k | $12.96 |
2,780 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$514.7K
$450.3K – $600.4K
NOI $36,026 @ 7.0% cap · market cap 7.83%
Second Best
Apartment 5plus
$467.2K
$408.8K – $545.0K
NOI $32,701 @ 7.0% cap · market cap 7.11%
Theoretical Best
Office A
$793.5K
$694.3K – $925.7K
NOI $55,543 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two occupied units with separate utilities and off-street parking, offering month-to-month tenant flexibility.
Where is this duplex located?
The property is located at 202-204 James Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Two‑family home built in 1890 with 10 total rooms; Both units are currently occupied by month‑to‑month tenants; Separate utilities for the two units
