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Renovated Duplex with Fenced Yards

414-416 Pearl Harbor St, Bridgeport, CT 06610

For Sale
$479,000

Two similar units offer updated kitchens, central air conditioning, and first-floor laundry hookups.

Property Size1,700 SF
Price / SF$281.76
Days on Market56

Property Features for 414-416 Pearl Harbor St

General Information

Standard status Active
Size 1,700 SF
Property subtype Multi-Family

Site & Location

Neighborhood Mill Hill

Building Details

Year Built 1942
Listing Agency: Modern Day Real Estate
Listed By: Dimitrios Dimitroglou
Source: Homesbyshoshana
Added: Sep 18 Changed: Oct 25 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 Modern Day Real Estate

Rey
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Investment Insights

Based on property information with market context.

This two-family duplex contains approximately 1,700 square feet and was built in 1942. The two units have similar layouts, with two bedrooms and a full bathroom on the second floor, while the first floor includes a living room, kitchen, and laundry hookups. Recent renovations include newer kitchen cabinets, granite countertops, and newer appliances. Both units also feature central air conditioning and a fenced private backyard.

The property is located on Pearl Harbor St in Bridgeport, Connecticut, on a cul-de-sac street. Attic access is available from unit 416 only. The address includes 414-416 Pearl Harbor St, Bridgeport, CT 06610.

Key Highlights

  • Two‑family duplex with approximately 1,700 square feet
  • Built in 1942 with recently renovated interiors
  • Each unit includes 2 bedrooms and 1 full bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,030
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,600 $440.6K
Cap Rate 7%
$314,714 $314.7K
Cap Rate 9%
$244,778 $244.8K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$33.7K $19.80/SF
− Vacancy
−$2.2K −$1.29/SF
EGI
$31.5K $18.51/SF
− OpEx
−$9.4K −$5.55/SF
NOI
$22.0K $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%
$440,600
Cap Rate 7%
$314,714
Cap Rate 9%
$244,778

Alternative Uses

Best Use
Multifamily LT 5
$314.7K
$275.4K – $367.2K (±1% cap)
NOI $22,030 @ 7.0% cap · market cap 4.60%
Second Best
Apartment 5plus
$285.7K
$250.0K – $333.3K (±1% cap)
NOI $19,997 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$485.2K
$424.6K – $566.1K (±1% cap)
NOI $33,965 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

365
Businesses Nearby

Demographics for 06610, CT

23,347
Population
9,292
Households
2.5
Avg Household Size
39
Median Age
17%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
7,531
Density / Sq Mi
$50,836
Median Household Income
$36,698
Median Earnings
$1,364
Median Rent
$224,700
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Bridgeport, CT

$216 Jul
$218 Aug
$216 Sep
$222 Oct

Properties on Market for Duplexes in Bridgeport

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two similar units offer updated kitchens, central air conditioning, and first-floor laundry hookups.
Where is this duplex located?
The property is located at 414-416 Pearl Harbor St Bridgeport, CT.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Two‑family duplex with approximately 1,700 square feet; Built in 1942 with recently renovated interiors; Each unit includes 2 bedrooms and 1 full bathroom
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Includes: Price & PSF · Cap rate · Location · Zoning

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