Two-Family Residential Income
356-358 Connecticut Avenue Bridgeport, CT 06607
356-358 Connecticut Avenue, Bridgeport, CT, 06607
$630,000
For Sale
$630,000
Two-family structure with an attic unit, fully occupied, and requiring repairs sold as-is.
Property Size3,310 SF
Price / SF$190.33
Days on Market12
Property Features for 356-358 Connecticut Avenue
General Information
- Standard status
- Active
- Size
- 3,310 SF
- Property subtype
- Multi-Family / 2 Family
Building Details
- Year Built
- 1897
Listing agency
HJL Realty, LLC
(203) 414-1013
Listed by
Hoffman Jean-Louis · License #REB.0790314
(203) 414-1013
Source
Compass
Added: Jul 11 Updated: Jul 21 at 11:25PM Checked: Jul 22 at 10:23AM
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 HJL Realty, LLC
Investment Insights
Based on property information with market context.
This two-family residential income building is configured as three units per tax records, including two full floors plus an attic unit. The first floor contains five rooms with three bedrooms, a living room, an eat-in kitchen, and a full bathroom. The second floor also has five rooms with two bedrooms, a formal dining room, an eat-in kitchen, and a full bathroom. The attic is identified as a third unit with four rooms and a half bathroom.
The property is located near downtown Bridgeport, with proximity to the Bridgeport train station, I-95 North/South, and Bridgeport Bass Pro Shops. It is fully occupied but needs TLC.
The home is being sold as-is, with the owner not making repairs. Repairs are needed across both kitchens, the two full bathrooms, the attic half bath, and the garage.
The property is located near downtown Bridgeport, with proximity to the Bridgeport train station, I-95 North/South, and Bridgeport Bass Pro Shops. It is fully occupied but needs TLC.
The home is being sold as-is, with the owner not making repairs. Repairs are needed across both kitchens, the two full bathrooms, the attic half bath, and the garage.
Key Highlights
- Two‑family home with an attic unit; total 10 rooms plus attic space with 4 rooms and a half bathroom
- First floor layout: 3 bedrooms, living room, eat‑in kitchen, and 1 full bathroom
- Second floor layout: 2 bedrooms, formal dining room, eat‑in kitchen, and 1 full bathroom
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 | $65.5k | $19.80 |
| − Vacancy | −$4.3k | −$1.29 |
| EGI | $61.3k | $18.51 |
| − OpEx | −$18.4k | −$5.55 |
| NOI | $42.9k | $12.96 |
3,310 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$612.8K
$536.2K – $714.9K
NOI $42,895 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$556.2K
$486.7K – $648.9K
NOI $38,935 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$944.7K
$826.7K – $1.10M
NOI $66,132 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Two-family structure with an attic unit, fully occupied, and requiring repairs sold as-is.
Where is this triplex located?
The property is located at 356-358 Connecticut Avenue Bridgeport, CT.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Two‑family home with an attic unit; total 10 rooms plus attic space with 4 rooms and a half bathroom; First floor layout: 3 bedrooms, living room, eat‑in kitchen, and 1 full bathroom; Second floor layout: 2 bedrooms, formal dining room, eat‑in kitchen, and 1 full bathroom
