Triplex with Off-Street
55 Harborview Ave, Bridgeport, CT 06605
For Sale
$749,000
Two matching apartments have hardwood floors, spacious kitchens, living rooms, and flexible bonus nooks.
Property Size2,955 SF
Price / SF$253.47
Days on Market31
Property Features for 55 Harborview Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
off-street parking
laundry hook-ups
basement storage
Building Details
Year Built
Listing Agency:
William Raveis Real Estate
Listed By:
Austin Reid
(203) 583-1366
Source:
Yourcthomeguide
Added: Oct 10
Changed: Nov 8
Last Checked: Nov 8 at 6:46AM
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 William Raveis Real Estate
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Investment Insights
Based on property information with market context.
This 2,955-square-foot triplex contains two apartments, each with two bedrooms, a spacious kitchen, a large living room, hardwood floors, and a bonus nook. The third-floor unit has a renovated kitchen and bathroom, with natural light through the day. A full basement offers tenant storage and laundry hookups, and the repaved driveway provides off-street parking.
Harborview Market, Saint Mary's by the Sea, and Fairfield Avenue are within walking distance, and the property is a short distance from the water. The building was constructed in 1953.
Harborview Market, Saint Mary's by the Sea, and Fairfield Avenue are within walking distance, and the property is a short distance from the water. The building was constructed in 1953.
Key Highlights
- Three‑family property with two two‑bedroom apartments
- 2,955 square feet; built in 1953
- Third‑floor unit has a recently renovated kitchen and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,294
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$765,880
$765.9K
Cap Rate 7%
$547,057
$547.1K
Cap Rate 9%
$425,489
$425.5K
Market Conditions
NOI Build-Up for 2,955 SF
Gross rent
$58.5K $19.80/SF
− Vacancy
−$3.8K −$1.29/SF
EGI
$54.7K $18.51/SF
− OpEx
−$16.4K −$5.55/SF
NOI
$38.3K $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%
$765,880
Cap Rate 7%
$547,057
Cap Rate 9%
$425,489
Alternative Uses
Best Use
Multifamily LT 5
$547.1K
$478.7K – $638.2K
NOI $38,294 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$496.6K
$434.5K – $579.3K
NOI $34,759 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$843.4K
$738.0K – $984.0K
NOI $59,039 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
614
Businesses Nearby
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Business Placement
Demographics for 06605, CT
23,867
Population
10,799
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
10,377
Density / Sq Mi
$59,673
Median Household Income
$40,276
Median Earnings
$1,423
Median Rent
$273,100
Median Home Value
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Market
Average Price Trend$/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 - Two matching apartments have hardwood floors, spacious kitchens, living rooms, and flexible bonus nooks.
Where is this triplex located?
The property is located at 55 Harborview Ave Bridgeport, CT.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Three‑family property with two two‑bedroom apartments; 2,955 square feet; built in 1953; Third‑floor unit has a recently renovated kitchen and bathroom
