Two-Unit
New
For Sale
$479,900
33-35 Ash Street, Bridgeport, CT 06605
The upper residence is in nice condition; the ground-floor apartment requires attention.
Property Size2,409 SF
Days on Market2
Property Features for 33-35 Ash Street
General Information
Standard status
Active
Size
2,409 SF
Property subtype
2 Family
Property Condition
Severity
Repairs Needed
Evidence
needs a little TLC
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,312
Building Details
Building Size
2,409 SF
Year Built
1923
Listing Agency:
Fischer Real Estate Inc.
Listed By:
Alan Fischer · License #REB.0226250
(203) 795-5554
Source:
Higginsgroup
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 1:02AM
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 Fischer Real Estate Inc.
Investment Insights
Based on property information with market context.
This two-unit duplex contains one apartment on each floor. The upper residence is in nice condition, while the lower apartment needs work. Built in 1923, the property offers 2,409 square feet of residential space.
Key Highlights
- 2,409‑square‑foot duplex
- Built in 1923
- Two apartments, arranged on separate floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,218
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$624,360
$624.4K
Cap Rate 7%
$445,971
$446.0K
Cap Rate 9%
$346,867
$346.9K
Market Conditions
NOI Build-Up for 2,409 SF
Gross rent
$47.7K $19.80/SF
− Vacancy
−$3.1K −$1.29/SF
EGI
$44.6K $18.51/SF
− OpEx
−$13.4K −$5.55/SF
NOI
$31.2K $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%
$624,360
Cap Rate 7%
$445,971
Cap Rate 9%
$346,867
Alternative Uses
Best Use
Multifamily LT 5
$446.0K
$390.2K – $520.3K
NOI $31,218 @ 7.0% cap · market cap 6.51%
Second Best
Apartment 5plus
$404.8K
$354.2K – $472.3K
NOI $28,337 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$687.6K
$601.6K – $802.2K
NOI $48,131 @ 7.0% cap · market cap 10.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,195
Businesses Nearby
Explore this area
Business Placement
Demographics for 06605, CT
23,867
Population
10,799
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
10,377
Density / Sq Mi
$59,673
Median Household Income
$40,276
Median Earnings
$1,423
Median Rent
$273,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - The upper residence is in nice condition; the ground-floor apartment requires attention.
Where is this duplex located?
The property is located at 33-35 Ash Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: 2,409‑square‑foot duplex; Built in 1923; Two apartments, arranged on separate floors
