Triplex with Attic
For Sale
$600,000
356-358 Connecticut Ave, Bridgeport, CT 06607
Fully occupied income property with two residential floors and a finished attic level.
Property Size3,310 SF
Price / SF$181.27
Days on Market85
Property Features for 356-358 Connecticut Ave
General Information
Standard status
Active
Size
3,310 SF
Property subtype
Multi-Family
Occupancy
100%
Property Condition
Severity
Repairs Needed
Evidence
does need TLC
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
3
Building Details
Year Built
1897
Listing Agency:
HJL Realty, LLC
Listed By:
Hoffman Jean-Louis · License #REB.0790314
(203) 414-1013
Source:
Homesbyshoshana
Added: Jul 21
Changed: Sep 18
Last Checked: Oct 7 at 5:36PM
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 3310 SF triplex, built in 1897, includes 14 rooms across three units. The first floor contains three bedrooms, a living room, an eat-in kitchen, and a full bathroom. The second floor offers two bedrooms, a formal dining room, an eat-in kitchen, and a full bathroom. A four-room attic unit adds a half bathroom.
The property is fully occupied and will convey as-is. Repairs are needed in both kitchens, the two full bathrooms, the attic half bathroom, and the garage. The building is located near downtown Bridgeport train station, I-95 North/South, and Bridgeport Bass Pro Shops.
The property is fully occupied and will convey as-is. Repairs are needed in both kitchens, the two full bathrooms, the attic half bathroom, and the garage. The building is located near downtown Bridgeport train station, I-95 North/South, and Bridgeport Bass Pro Shops.
Key Highlights
- 3310 SF triplex built in 1897
- Three units with 14 total rooms
- First‑floor unit has 3 bedrooms and a full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,895
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$857,900
$857.9K
Cap Rate 7%
$612,786
$612.8K
Cap Rate 9%
$476,611
$476.6K
Market Conditions
NOI Build-Up for 3,310 SF
Gross rent
$65.5K $19.80/SF
− Vacancy
−$4.3K −$1.29/SF
EGI
$61.3K $18.51/SF
− OpEx
−$18.4K −$5.55/SF
NOI
$42.9K $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%
$857,900
Cap Rate 7%
$612,786
Cap Rate 9%
$476,611
Alternative Uses
Best Use
Multifamily LT 5
$612.8K
$536.2K – $714.9K
NOI $42,895 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$556.2K
$486.7K – $648.9K
NOI $38,935 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$944.7K
$826.7K – $1.10M
NOI $66,132 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
786
Businesses Nearby
Explore this area
Business Placement
Demographics for 06607, CT
8,690
Population
2,696
Households
3.2
Avg Household Size
33
Median Age
7%
College-Educated
75%
High-School Grad
1.2 sq mi
ZIP Area
7,242
Density / Sq Mi
$49,555
Median Household Income
$32,000
Median Earnings
$1,398
Median Rent
$218,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied income property with two residential floors and a finished attic level.
Where is this triplex located?
The property is located at 356-358 Connecticut Ave Bridgeport, CT.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 3310 SF triplex built in 1897; Three units with 14 total rooms; First‑floor unit has 3 bedrooms and a full bathroom
