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Three-Unit Multifamily Property

22-26 Waldorf Avenue Bridgeport, CT 06605

22-26 Waldorf Avenue, Bridgeport, CT, 06605
$449,900
For Sale
Claim this Listing
$449,900

Multifamily house with three apartments in Black Rock location.

Property Size3,177 SF
Price / SF$141.61
AddedMay 18
Days on Market60
Last RefreshJul 16 at 8:20 am

Property Features for 22-26 Waldorf Avenue

General Information

Standard status
Active
Size
3,177 SF
Property subtype
Multi-Family / 3 Family

Building Details

Year Built
1912

Listing office RE/MAX Right Choice

Listing date May 18, 2026

Source Compass

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


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.

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 $62.9k $19.80
− Vacancy −$4.1k −$1.29
EGI $58.8k $18.51
− OpEx −$17.6k −$5.55
NOI $41.2k $12.96
3,177 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$588.2K
$514.6K – $686.2K (±1% cap)
NOI $41,171 @ 7.0% cap · market cap 9.15%
Second Best
Apartment 5plus
$533.9K
$467.1K – $622.8K (±1% cap)
NOI $37,370 @ 7.0% cap · market cap 8.31%
Theoretical Best
Office A
$906.8K
$793.4K – $1.06M (±1% cap)
NOI $63,475 @ 7.0% cap · market cap 14.11%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Home Appliance Store Real Estate Agency Florist Pet Store & Service Restaurant

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

FAQs

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 Avenue 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.
Contact an agent
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