Two-Family Residential
277 Helen Street Bridgeport, CT 06608
For Sale
$375,000
Pending
Two-family home with a currently empty first-floor unit available for showings.
Property Size1,997 SF
Days on Market261
Property Features for 277 Helen Street
General Information
- Standard status
- Pending
- Size
- 1,997 SF
- Property subtype
- Multi-Family / 2 Family
Building Details
- Year Built
- 1902
Listing Agency:
Tiffany Russell Realty
(203) 908-2035
Listed By:
Priscilla M Roman · License #RES.0814963
(203) 908-2035
Source:
Compass
Added: Nov 5, 2025
Changed: Jul 23
Last Checked: Jul 23 at 3:19PM
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 Tiffany Russell Realty
Investment Insights
Based on property information with market context.
This solid two-family home offers a practical setup for rental occupancy, with the first-floor unit currently empty and available for showings. The property is presented as having low taxes, according to the seller’s remarks.
The home is located at 277 Helen Street in Bridgeport, Connecticut. Interested parties can review the first-floor unit in person during scheduled showings.
As a duplex-style residential income property, it provides two separate units under one roof, allowing for flexible ownership and rental arrangements based on the occupancy needs of the future buyer.
The home is located at 277 Helen Street in Bridgeport, Connecticut. Interested parties can review the first-floor unit in person during scheduled showings.
As a duplex-style residential income property, it provides two separate units under one roof, allowing for flexible ownership and rental arrangements based on the occupancy needs of the future buyer.
Key Highlights
- Two‑family home with a currently empty first‑floor unit available for showings
- Year built 1902
- Gas on gas hot air heating system
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 | $39.5k | $19.80 |
| − Vacancy | −$2.6k | −$1.29 |
| EGI | $37.0k | $18.51 |
| − OpEx | −$11.1k | −$5.55 |
| NOI | $25.9k | $12.96 |
1,997 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$369.7K
$323.5K – $431.3K
NOI $25,879 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$335.6K
$293.6K – $391.5K
NOI $23,490 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$570.0K
$498.7K – $665.0K
NOI $39,899 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-family home with a currently empty first-floor unit available for showings.
Where is this duplex located?
The property is located at 277 Helen Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two‑family home with a currently empty first‑floor unit available for showings; Year built 1902; Gas on gas hot air heating system
