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Two-Family Residential Income Property

26 Victory St Bridgeport, CT 06606

26 Victory St, Bridgeport, CT, 06606
$644,000
Pending
For Sale
$644,000
Pending

Well-maintained two-family home with screened porches, 9-foot ceilings, and recent roof and electrical upgrades.

Property Size3,534 SF
Lot Size0.13 Acres
Days on Market86

Property Features for 26 Victory St

General Information

Standard status
Pending
Size
3,534 SF
Lot size
0.13 Acres
Property subtype
Multi Family

Building Details

Year Built
1916
Listing agency Dorrance Realty
Listed by Thomas Mele · License #RES.0821443
Source Elliman
Added: Apr 28 Updated: Jul 21 at 1:17AM Checked: Jul 21 at 6:52AM

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 Dorrance Realty


Investment Insights

Based on property information with market context.

Well-maintained two-family property with a total of 3,534 sq. ft. of living space, providing six bedrooms and three full bathrooms. Each unit includes spacious rooms with 9-foot ceilings and screened-in porches. Recent improvements include upgraded electrical and a newer roof.

The property sits on a 0.13-acre lot with a partially fenced backyard and plenty of off-street parking. A detached two-car garage supports tenant parking and storage needs.

The units have separate utilities paid by tenants. The property is described as requiring only minor updates, making it a straightforward residential income option.

Key Highlights

  • Well‑maintained two‑family with 3,534 sq ft total living space on a 0.13‑acre lot
  • 6 total bedrooms and 3 full bathrooms; each unit has 9‑foot ceilings
  • Screened‑in porches for each unit

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 $70.0k $19.80
− Vacancy −$4.5k −$1.29
EGI $65.4k $18.51
− OpEx −$19.6k −$5.55
NOI $45.8k $12.96
3,534 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$654.2K
$572.5K – $763.3K (±1% cap)
NOI $45,797 @ 7.0% cap · market cap 7.11%
Second Best
Apartment 5plus
$593.9K
$519.6K – $692.8K (±1% cap)
NOI $41,570 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$1.01M
$882.6K – $1.18M (±1% cap)
NOI $70,608 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Xonkalled Publishing Publishing House

Suggested Use

Spa & Massage Center HVAC Service Accounting Firm Building Supply Parking Lot & Garage Gym & Fitness Center Real Estate Agency Auto Parts Store Kitchen & Bath Showroom Storage Facility

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

FAQs

What type of property is this?
Duplex - Well-maintained two-family home with screened porches, 9-foot ceilings, and recent roof and electrical upgrades.
Where is this duplex located?
The property is located at 26 Victory St Bridgeport, CT.
What is the asking price?
The asking price for this property is $644,000.
What are key features of this property?
This property features: Well‑maintained two‑family with 3,534 sq ft total living space on a 0.13‑acre lot; 6 total bedrooms and 3 full bathrooms; each unit has 9‑foot ceilings; Screened‑in porches for each unit
Contact an agent
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