Two-Unit
For Sale
$450,000
49 Perth, Bridgeport, CT 06606
Vacant lower-level residence pairs with a rented upper unit featuring three bedrooms and two full bathrooms.
Property Size1,822 SF
Price / SF$246.98
Days on Market33
Property Features for 49 Perth
General Information
Standard status
Active
Size
1,822 SF
Property subtype
2 Family
Building Details
Year Built
1927
Listing Agency:
CLS Group
(203) 340-2709
Listed By:
Tania Pinzon · License #RES.0812358
(860) 268-8882
Source:
Lockandkeyre
Added: Sep 20
Changed: Oct 21
Last Checked: Oct 20 at 9:48PM
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 CLS Group
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Investment Insights
Based on property information with market context.
Built in 1927, this 1,822-square-foot duplex contains two residential units. The first-floor residence is vacant and requires renovation, allowing a new owner to customize the space. The upper unit is occupied and includes three bedrooms and two full bathrooms; it is currently rented below market value.
The property is located at 49 Perth Street in Bridgeport, Connecticut. Its two-unit configuration supports an owner-occupant arrangement with a separate rented residence, or continued use as a residential income property. The existing vacancy and renovation needs provide a defined path for updating the lower unit while maintaining occupancy upstairs.
The property is located at 49 Perth Street in Bridgeport, Connecticut. Its two-unit configuration supports an owner-occupant arrangement with a separate rented residence, or continued use as a residential income property. The existing vacancy and renovation needs provide a defined path for updating the lower unit while maintaining occupancy upstairs.
Key Highlights
- Two‑unit duplex with 1,822 square feet
- Built in 1927
- Vacant first‑floor unit requires renovation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,611
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,220
$472.2K
Cap Rate 7%
$337,300
$337.3K
Cap Rate 9%
$262,344
$262.3K
Market Conditions
NOI Build-Up for 1,822 SF
Gross rent
$36.1K $19.80/SF
− Vacancy
−$2.3K −$1.29/SF
EGI
$33.7K $18.51/SF
− OpEx
−$10.1K −$5.55/SF
NOI
$23.6K $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%
$472,220
Cap Rate 7%
$337,300
Cap Rate 9%
$262,344
Alternative Uses
Best Use
Multifamily LT 5
$337.3K
$295.1K – $393.5K
NOI $23,611 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$306.2K
$267.9K – $357.2K
NOI $21,432 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$520.0K
$455.0K – $606.7K
NOI $36,403 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,461
Businesses Nearby
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Business Placement
Demographics for 06606, CT
48,427
Population
19,002
Households
2.5
Avg Household Size
36
Median Age
23%
College-Educated
82%
High-School Grad
5.3 sq mi
ZIP Area
9,137
Density / Sq Mi
$68,538
Median Household Income
$35,128
Median Earnings
$1,434
Median Rent
$272,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Vacant lower-level residence pairs with a rented upper unit featuring three bedrooms and two full bathrooms.
Where is this duplex located?
The property is located at 49 Perth Bridgeport, CT.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,822 square feet; Built in 1927; Vacant first‑floor unit requires renovation
