Brick Ranch Duplex
242 Pearl Harbor Street Bridgeport, CT 06610
242 Pearl Harbor Street, Bridgeport, CT, 06610
$499,900
For Sale
$499,900
Well-maintained brick ranch duplex with two side-by-side units, wood floors, and off-street parking.
Property Size1,740 SF
Price / SF$287.30
Days on Market87
Property Features for 242 Pearl Harbor Street
General Information
- Standard status
- Active
- Size
- 1,740 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1942
Listing Agency
Vylla Home (CT) LLC
(203) 650-4731
Listed by
Jorge Cintron
(203) 650-4731
Source
Lockandkeyre
Added: Apr 26 Updated: Jul 20 at 6:09 pm Checked: Jul 20 at 6:09 pm
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 Vylla Home (CT) LLC
Investment Insights
Based on property information with market context.
This well-maintained brick ranch duplex features a durable exterior and side-by-side unit layout, offering privacy for both households. Unit one is configured with 3 bedrooms and 1.5 baths, while unit two provides 2 bedrooms and 1 bath. Interior finishes include wood flooring throughout, and the property also offers off-street parking. The roof is approximately 8 years old, supporting long-term low-maintenance ownership.
The duplex is located in a quiet cul-de-sac and borders the Town of Stratford. Tenants are currently month-to-month. The property is described as being minutes from major highways, train stations, and hospitals, with an approximate one-hour commute to NYC.
From a practical standpoint, the asset offers two distinct residential units within a single brick ranch structure, making it suitable for an investor seeking rental income or an owner-occupant looking to reside in one unit while renting the other.
The duplex is located in a quiet cul-de-sac and borders the Town of Stratford. Tenants are currently month-to-month. The property is described as being minutes from major highways, train stations, and hospitals, with an approximate one-hour commute to NYC.
From a practical standpoint, the asset offers two distinct residential units within a single brick ranch structure, making it suitable for an investor seeking rental income or an owner-occupant looking to reside in one unit while renting the other.
Key Highlights
- Well‑maintained brick ranch duplex built in 1942 with a low‑maintenance brick exterior
- Two side‑by‑side units: Unit A has 3 bedrooms and 1.5 baths; Unit B has 2 bedrooms and 1 bath
- Wood flooring throughout and off‑street parking
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 | $34.5k | $19.80 |
| − Vacancy | −$2.2k | −$1.29 |
| EGI | $32.2k | $18.51 |
| − OpEx | −$9.7k | −$5.55 |
| NOI | $22.5k | $12.96 |
1,740 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$322.1K
$281.9K – $375.8K
NOI $22,549 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$292.4K
$255.8K – $341.1K
NOI $20,467 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$496.6K
$434.6K – $579.4K
NOI $34,764 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained brick ranch duplex with two side-by-side units, wood floors, and off-street parking.
Where is this duplex located?
The property is located at 242 Pearl Harbor Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Well‑maintained brick ranch duplex built in 1942 with a low‑maintenance brick exterior; Two side‑by‑side units: Unit A has 3 bedrooms and 1.5 baths; Unit B has 2 bedrooms and 1 bath; Wood flooring throughout and off‑street parking
