Two-Family Residential Income
52-54 Clinton Avenue Bridgeport, CT 06605
For Sale
$479,500
Versatile two-family duplex with six bedrooms, two full baths, and an attic, sold as-is.
Property Size3,419 SF
Price / SF$140.25
Days on Market57
Property Features for 52-54 Clinton Avenue
General Information
- Standard status
- Active
- Size
- 3,419 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1901
Listing Agency:
Brown Harris Stevens
(917) 576-2629
Listed By:
William Ferguson
(917) 576-2629
Source:
Lockandkeyre
Added: May 28
Changed: Jul 22
Last Checked: Jul 23 at 5:12AM
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 Brown Harris Stevens
Investment Insights
Based on property information with market context.
This two-family residential income duplex features six bedrooms and two full baths, with an attic that provides added functional space. The property is offered as-is, and offers flexibility for buyers looking to refresh or expand the existing setup.
The roof is reported to be two years old. The remarks also indicate that mechanical systems are in working order.
The current configuration is designed to support two separate living units within one property, with room counts and bathroom count suited to multi-occupant use.
The roof is reported to be two years old. The remarks also indicate that mechanical systems are in working order.
The current configuration is designed to support two separate living units within one property, with room counts and bathroom count suited to multi-occupant use.
Key Highlights
- Versatile two‑family duplex with 6 bedrooms and 2 full baths
- Includes an attic for added potential
- Roof is 2 years old
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.1k | $22.56 |
| − Vacancy | −$4.0k | −$1.17 |
| EGI | $73.1k | $21.39 |
| − OpEx | −$32.9k | −$9.62 |
| NOI | $40.2k | $11.76 |
3,419 SF · lease $22.56/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$633.0K
$553.8K – $738.5K
NOI $44,307 @ 7.0% cap · market cap 9.24%
Second Best
Apartment 5plus
$574.5K
$502.7K – $670.3K
NOI $40,217 @ 7.0% cap · market cap 8.39%
Theoretical Best
Office A
$975.9K
$853.9K – $1.14M
NOI $68,310 @ 7.0% cap · market cap 14.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Versatile two-family duplex with six bedrooms, two full baths, and an attic, sold as-is.
Where is this duplex located?
The property is located at 52-54 Clinton Avenue Bridgeport, CT.
What is the asking price?
The asking price for this property is $479,500.
What are key features of this property?
This property features: Versatile two‑family duplex with 6 bedrooms and 2 full baths; Includes an attic for added potential; Roof is 2 years old