3-Unit Triplex with
48-50 Park, Bridgeport, CT 06604
For Sale
New
$739,000
Eat-in kitchens, adaptable layouts, and a partially finished basement add practical features across the residential units.
Property Size1,909 SF
Price / SF$232.98
Days on Market7
Property Features for 48-50 Park
General Information
Standard status
Size
Property subtype
Lease Term
Site & Location
Neighborhood
Highway Access
Public Transit
Additional Details
Multifamily Units
Amenities
front porch
private driveway
fenced backyard
patio
basement
eat-in kitchens
Building Details
Building Size
Year Built
Listing Agency:
YellowBrick Real Estate LLC
(203) 445-6949
Listed By:
Katheryn Peralta · License #RES.0820896
(917) 714-4597
Source:
Iverty
Added: Nov 1
Changed: Nov 6
Last Checked: Nov 6 at 10:03AM
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 YellowBrick Real Estate LLC
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 Bridgeport triplex contains three residential units within approximately 3,172 square feet of living space. The layouts include generously sized living areas and eat-in kitchens. A full basement is partially finished and provides additional usable area and storage. The property was built in 1909 and also has a front porch, private driveway with off-street parking, and a fenced backyard with a patio.
The property is near the University of Bridgeport and Seaside Park, with public transportation, shopping, restaurants, major highways, and the Bridgeport ferry also nearby.
The property is near the University of Bridgeport and Seaside Park, with public transportation, shopping, restaurants, major highways, and the Bridgeport ferry also nearby.
Key Highlights
- Three residential units in approximately 3,172 square feet of living space
- Full basement is partially finished, with additional space and storage
- Each unit has an eat‑in kitchen and a flexible layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,106
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$822,120
$822.1K
Cap Rate 7%
$587,229
$587.2K
Cap Rate 9%
$456,733
$456.7K
Market Conditions
NOI Build-Up for 3,172 SF
Gross rent
$62.8K $19.80/SF
− Vacancy
−$4.1K −$1.29/SF
EGI
$58.7K $18.51/SF
− OpEx
−$17.6K −$5.55/SF
NOI
$41.1K $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%
$822,120
Cap Rate 7%
$587,229
Cap Rate 9%
$456,733
Alternative Uses
Best Use
Multifamily LT 5
$587.2K
$513.8K – $685.1K
NOI $41,106 @ 7.0% cap · market cap 5.56%
Second Best
Apartment 5plus
$533.0K
$466.4K – $621.9K
NOI $37,312 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$905.4K
$792.2K – $1.06M
NOI $63,375 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
918
Businesses Nearby
Explore this area
Business Placement
Demographics for 06604, CT
30,003
Population
12,972
Households
2.3
Avg Household Size
35
Median Age
29%
College-Educated
74%
High-School Grad
3.2 sq mi
ZIP Area
9,376
Density / Sq Mi
$45,794
Median Household Income
$34,706
Median Earnings
$1,419
Median Rent
$231,300
Median Home Value
Market
Average Price Trend$/SF for Triplexes in Bridgeport, CT
Properties on Market for Triplexes in Bridgeport
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Eat-in kitchens, adaptable layouts, and a partially finished basement add practical features across the residential units.
Where is this triplex located?
The property is located at 48-50 Park Bridgeport, CT.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Three residential units in approximately 3,172 square feet of living space; Full basement is partially finished, with additional space and storage; Each unit has an eat‑in kitchen and a flexible layout
