Three-Unit Multifamily
For Sale
$449,900
Pending
22-26 Waldorf, Bridgeport, CT 06605
Multifamily house with three apartments in Black Rock location.
Property Size3,177 SF
Days on Market151
Property Features for 22-26 Waldorf
General Information
Standard status
Pending
Size
3,177 SF
Property subtype
3 Family
Building Details
Year Built
1912
Listing Agency:
RE/MAX Right Choice
(203) 372-6996
Listed By:
Luisa Dias · License #RES.0181250
(203) 257-4219
Source:
Lockandkeyre
Added: May 18
Changed: Oct 15
Last Checked: Oct 15 at 1:27AM
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 RE/MAX Right Choice
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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 multifamily property features three apartments within a single building. The property contains a total of 14 rooms, distributed as five rooms in each of two apartments and four rooms in the third. Exterior features include a newer front porch and a two-car garage. The building has a full basement. Located in the Black Rock area, the property is currently occupied by tenants and is being sold in as-is condition.
Key Highlights
- Multi‑family house with 3 apartments offers income potential.
- 14 total rooms provide ample living space across the units.
- Two‑car garage provides off‑street parking and storage.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,171
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,420
$823.4K
Cap Rate 7%
$588,157
$588.2K
Cap Rate 9%
$457,456
$457.5K
Market Conditions
NOI Build-Up for 3,177 SF
Gross rent
$62.9K $19.80/SF
− Vacancy
−$4.1K −$1.29/SF
EGI
$58.8K $18.51/SF
− OpEx
−$17.6K −$5.55/SF
NOI
$41.2K $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%
$823,420
Cap Rate 7%
$588,157
Cap Rate 9%
$457,456
Alternative Uses
Best Use
Multifamily LT 5
$588.2K
$514.6K – $686.2K
NOI $41,171 @ 7.0% cap · market cap 9.15%
Second Best
Apartment 5plus
$533.9K
$467.1K – $622.8K
NOI $37,370 @ 7.0% cap · market cap 8.31%
Theoretical Best
Office A
$906.8K
$793.4K – $1.06M
NOI $63,475 @ 7.0% cap · market cap 14.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,134
Businesses Nearby
Explore this area
Business Placement
Demographics for 06605, CT
23,867
Population
10,799
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
10,377
Density / Sq Mi
$59,673
Median Household Income
$40,276
Median Earnings
$1,423
Median Rent
$273,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Multifamily house with three apartments in Black Rock location.
Where is this triplex located?
The property is located at 22-26 Waldorf Bridgeport, CT.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Multi‑family house with 3 apartments offers income potential.; 14 total rooms provide ample living space across the units.; Two‑car garage provides off‑street parking and storage.
