12-Bedroom
New
For Sale
$679,900
536 Gregory, Bridgeport, CT 06604
Three residential units are arranged across a 12-bedroom property near two universities and Seaside Park.
Property Size1,930 SF
Lot Size0.07 Acres
Price / SF$202.71
Days on Market5
Property Features for 536 Gregory
General Information
Standard status
Active
Size
1,930 SF
Lot size
0.07 Acres
Property subtype
3 Family
Lease Term
Listing ID: 24214912, Standard Status: Coming Soon, MLS Status: Coming Soon, Property Subtype: 3 Family
Site & Location
Neighborhood
South End
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
3
Building Details
Building Size
1,930 SF
Year Built
1930
Listing Agency:
RE/MAX Right Choice
(203) 268-1118
Listed By:
Paul Ferreira · License #RES.0756087
(203) 209-8111
Source:
Iverty
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 7:11AM
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 RE/MAX Right Choice
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-family property at 536 Gregory in Bridgeport contains 15 rooms, 12 bedrooms and 3 bathrooms. The building has 3,354 square feet of living space within 5,054 total square feet, including 704 square feet of front and rear porches and 891 square feet of basement area. The lot measures 3,040 square feet, or 0.07 acres. Built in 1930, the property is offered for sale.
University of Bridgeport is 0.2 miles away, and Housatonic Community College is 0.6 miles away. Seaside Park is 0.4 miles from the property. I-95 is 0.98 miles away, major shopping is 0.91 miles away, and Bridgeport train station is 1.3 miles away. Bridgeport Yale New Haven Hospital is 3.3 miles away.
University of Bridgeport is 0.2 miles away, and Housatonic Community College is 0.6 miles away. Seaside Park is 0.4 miles from the property. I-95 is 0.98 miles away, major shopping is 0.91 miles away, and Bridgeport train station is 1.3 miles away. Bridgeport Yale New Haven Hospital is 3.3 miles away.
Key Highlights
- Three‑family property with 15 rooms, 12 bedrooms and 3 bathrooms
- 3,354 square feet of living space; 5,054 total square feet
- 704 square feet of front and rear porches and 891 square feet of basement space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,465
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,300
$869.3K
Cap Rate 7%
$620,929
$620.9K
Cap Rate 9%
$482,944
$482.9K
Market Conditions
NOI Build-Up for 3,354 SF
Gross rent
$66.4K $19.80/SF
− Vacancy
−$4.3K −$1.29/SF
EGI
$62.1K $18.51/SF
− OpEx
−$18.6K −$5.55/SF
NOI
$43.5K $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%
$869,300
Cap Rate 7%
$620,929
Cap Rate 9%
$482,944
Alternative Uses
Best Use
Multifamily LT 5
$620.9K
$543.3K – $724.4K
NOI $43,465 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$563.6K
$493.2K – $657.5K
NOI $39,452 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$957.3K
$837.6K – $1.12M
NOI $67,011 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
659
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units are arranged across a 12-bedroom property near two universities and Seaside Park.
Where is this triplex located?
The property is located at 536 Gregory Bridgeport, CT.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: Three‑family property with 15 rooms, 12 bedrooms and 3 bathrooms; 3,354 square feet of living space; 5,054 total square feet; 704 square feet of front and rear porches and 891 square feet of basement space
