2-Unit
New
For Sale
$451,000
449-451 Brooks St, Bridgeport, CT 06608
A vacant five-bedroom apartment accompanies a tenant-occupied two-bedroom unit.
Property Size2,202 SF
Price / SF$204.81
Days on Market6
Property Features for 449-451 Brooks St
General Information
Standard status
Active
Size
2,202 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
East Side
Highway Access
Yes
Units
Unit Mix
1 x 2BR, 1 x 5BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Building Details
Year Built
1877
Listing Agency:
Century 21 Scala Group
Listed By:
Angel Torres (682) 227-5285 (203) 374-9451 · License #RES.0825790
(682) 227-5285
Source:
Rhodeislandhomesforsale
Added: Oct 25
Changed: Oct 26
Last Checked: Oct 28 at 8:31AM
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 Century 21 Scala Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,202-square-foot duplex was built in 1877 and contains two apartments. The smaller unit has two bedrooms and is tenant-occupied; the larger apartment offers five bedrooms and a full bath and is vacant.
The property is near I-95, Route 1, and Boston Avenue in Bridgeport.
The property is near I-95, Route 1, and Boston Avenue in Bridgeport.
Key Highlights
- 2,202‑square‑foot duplex built in 1877
- Two‑bedroom apartment is tenant‑occupied
- Vacant second apartment has five bedrooms and a full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,536
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,720
$570.7K
Cap Rate 7%
$407,657
$407.7K
Cap Rate 9%
$317,067
$317.1K
Market Conditions
NOI Build-Up for 2,202 SF
Gross rent
$43.6K $19.80/SF
− Vacancy
−$2.8K −$1.29/SF
EGI
$40.8K $18.51/SF
− OpEx
−$12.2K −$5.55/SF
NOI
$28.5K $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%
$570,720
Cap Rate 7%
$407,657
Cap Rate 9%
$317,067
Alternative Uses
Best Use
Multifamily LT 5
$407.7K
$356.7K – $475.6K
NOI $28,536 @ 7.0% cap · market cap 6.33%
Second Best
Apartment 5plus
$370.0K
$323.8K – $431.7K
NOI $25,902 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$628.5K
$549.9K – $733.3K
NOI $43,995 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,226
Businesses Nearby
Explore this area
Business Placement
Demographics for 06608, CT
14,312
Population
4,915
Households
2.9
Avg Household Size
33
Median Age
7%
College-Educated
67%
High-School Grad
1.0 sq mi
ZIP Area
14,312
Density / Sq Mi
$43,008
Median Household Income
$30,524
Median Earnings
$1,311
Median Rent
$222,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A vacant five-bedroom apartment accompanies a tenant-occupied two-bedroom unit.
Where is this duplex located?
The property is located at 449-451 Brooks St Bridgeport, CT.
What is the asking price?
The asking price for this property is $451,000.
What are key features of this property?
This property features: 2,202‑square‑foot duplex built in 1877; Two‑bedroom apartment is tenant‑occupied; Vacant second apartment has five bedrooms and a full bath
