520 William Street, Bridgeport, CT 06608
Two separate units feature hardwood floors, three full baths, and a finished third level for added flexibility.
- Added:
- Jun 5, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 10 at 1:46 am
Property Features for 520 William Street
General Information
- Standard status
- Active
- Size
- 2,525 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1889
Listing agent Yasmina Delacruz-Bailey License #RES.0802521 (646) 938-4879
Listing office BHGRE Gaetano Marra Homes (646) 938-4879
Listing date Jun 5, 2026
Source Lockandkeyre
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 BHGRE Gaetano Marra Homes
HighLights
- Two‑family home built in 1889 with separate living spaces and original architectural details, including decorative fireplaces, wood trim, and a turret‑style exterior
- Hardwood floors and spacious kitchens in both units, plus three full baths total
- Second‑floor unit includes access to a finished third level with additional living space, storage, and a kitchenette area
- Large unfinished basement with substantial storage and utility space, plus direct first‑floor unit access to the basement
- Exterior amenities include covered front porch, paved driveway, vinyl fencing, low‑maintenance yard space, and a detached garage
- Convenient to East Main Street shopping and dining, neighborhood parks, public transportation, and major commuter routes including I‑95, Route 8, and Route 25
Overview
The home includes a large unfinished basement that can support substantial storage and utility needs, with future possibilities noted in the marketing description. Exterior features include a covered front porch, vinyl fencing, a paved driveway, a detached garage, and low-maintenance yard space.
This property is a practical fit for an owner-occupant looking for flexibility, including multi-generational living, or for an investor evaluating a residential income asset. Off-street parking and garage space support tenant convenience, while proximity to East Main Street shopping, restaurants, neighborhood parks, public transportation, and major commuter routes can help reduce daily commute friction for residents. Minutes to downtown Bridgeport and key destinations including the train station, Steelpointe Harbor, Seaside Park, and Bridgeport Hospital.
Local Financial Insights For Multifamily LT 5
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 | $50.0k | $19.80 |
| − Vacancy | −$3.2k | −$1.29 |
| EGI | $46.7k | $18.51 |
| − OpEx | −$14.0k | −$5.55 |
| NOI | $32.7k | $12.96 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bridgeport
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.1853657
- Latitude
- 41.1913661
