Renovated Four-Unit Apartment
301 POPLAR ST Bridgeport, CT 06605
For Sale
Contact for pricing
Renovated four-unit multifamily property in Bridgeport, Connecticut, offered for sale as a residential income building.
Property Size3,360 SF
Price / SF$260.42
Days on Market26
Property Features for 301 POPLAR ST
General Information
- Standard status
- Active
- Size
- 3,360 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1900
Listing Agency:
Baldwin Pearson & Company
(203) 335-5117
Listed By:
Daniel Shawah · License #RES.0829215
Source:
Crexi
Added: Jun 29
Changed: Jul 23
Last Checked: Jul 23 at 11:41AM
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 Baldwin Pearson & Company
Investment Insights
Based on property information with market context.
Baldwin Pearson & Co., Inc. is pleased to exclusively present 301 Poplar St, Bridgeport, Connecticut, a renovated four-unit apartment building. The property offers a multifamily income configuration with updated condition, designed for ongoing rental use.
The building is located in Bridgeport’s established West Side neighborhood and is described as only a few blocks from Fairfield. It also benefits from convenient access to major transportation routes, employment centers, retail amenities, and public transit.
As a four-unit residential income property, this asset is positioned for long-term occupancy based on its in-place rental setup and neighborhood context.
The building is located in Bridgeport’s established West Side neighborhood and is described as only a few blocks from Fairfield. It also benefits from convenient access to major transportation routes, employment centers, retail amenities, and public transit.
As a four-unit residential income property, this asset is positioned for long-term occupancy based on its in-place rental setup and neighborhood context.
Key Highlights
- Renovated four‑unit apartment building in Bridgeport, CT
- Year built: 1900
- Residential income building with four rental units
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 | $66.5k | $19.80 |
| − Vacancy | −$4.3k | −$1.29 |
| EGI | $62.2k | $18.51 |
| − OpEx | −$18.7k | −$5.55 |
| NOI | $43.5k | $12.96 |
3,360 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$622.0K
$544.3K – $725.7K
NOI $43,543 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$564.6K
$494.0K – $658.7K
NOI $39,523 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$959.0K
$839.1K – $1.12M
NOI $67,131 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Renovated four-unit multifamily property in Bridgeport, Connecticut, offered for sale as a residential income building.
Where is this quadplex located?
The property is located at 301 POPLAR ST Bridgeport, CT.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Renovated four‑unit apartment building in Bridgeport, CT; Year built: 1900; Residential income building with four rental units
