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Two-Family Brick Building
For Sale
$349,900
Pending

270-Bond Bond St, Bridgeport, CT 06610

Two-family building with tenant occupancy.

Property Size1,712 SF
Days on Market216

Property Features for 270-Bond Bond St

General Information

Standard status Pending
Size 1,712 SF
Property subtype Multi-Family

Building Details

Year Built 1910
Listing Agency: RE/MAX Right Choice
Listed By: Luisa Dias (203) 257-4219 (203) 372-6996 · License #RES.0181250
Source: Jaida.mappmyhome
Added: Mar 14 Changed: Oct 1 Last Checked: Oct 14 at 11:17PM

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 is an attached two-family building featuring brick exterior. Each apartment contains 4 rooms, 2 bedrooms, and 1 bathroom. The property is currently occupied by tenants. The bike score is 43, indicating it is somewhat bikeable. The walk score is 41, classifying it as car-dependent. The transit score is 34, suggesting some transit options are available.

Key Highlights

  • Two‑family property, ideal for investment or owner‑occupancy
  • Each apartment features 2 bedrooms and 1 bath
  • Classic brick exterior

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,186
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,720 $443.7K
Cap Rate 7%
$316,943 $316.9K
Cap Rate 9%
$246,511 $246.5K
Market Conditions
NOI Build-Up for 1,712 SF
Gross rent
$33.9K $19.80/SF
− Vacancy
−$2.2K −$1.29/SF
EGI
$31.7K $18.51/SF
− OpEx
−$9.5K −$5.55/SF
NOI
$22.2K $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%
$443,720
Cap Rate 7%
$316,943
Cap Rate 9%
$246,511

Alternative Uses

Best Use
Multifamily LT 5
$316.9K
$277.3K – $369.8K (±1% cap)
NOI $22,186 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$287.7K
$251.7K – $335.6K (±1% cap)
NOI $20,138 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$488.6K
$427.6K – $570.1K (±1% cap)
NOI $34,205 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,366
Businesses Nearby

Demographics for 06610, CT

23,347
Population
9,292
Households
2.5
Avg Household Size
39
Median Age
17%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
7,531
Density / Sq Mi
$50,836
Median Household Income
$36,698
Median Earnings
$1,364
Median Rent
$224,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family building with tenant occupancy.
Where is this duplex located?
The property is located at 270-Bond Bond St Bridgeport, CT.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two‑family property, ideal for investment or owner‑occupancy; Each apartment features 2 bedrooms and 1 bath; Classic brick exterior
More about this property
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