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Renovated Three-Family Residence

610 Hawley Avenue Bridgeport, CT 06606

610 Hawley Avenue, Bridgeport, CT, 06606
$749,000
For Sale
$749,000

Renovated three-family home with updated kitchens and bathrooms featuring hardwood floors throughout the first and second levels.

Property Size2,968 SF
Price / SF$252.36
Days on Market89

Property Features for 610 Hawley Avenue

General Information

Standard status
Active
Size
2,968 SF
Property subtype
3 Family

Building Details

Year Built
1917
Listing agency ARG Advisors
Listed by Raul Villacis
Source Lockandkeyre
Added: Apr 25 Updated: Jul 21 at 5:12AM Checked: Jul 22 at 4:53AM

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 ARG Advisors


Investment Insights

Based on property information with market context.

This renovated three-family residence is set up for either income-focused ownership or owner-occupied living with rental income potential. The first and second floors feature updated kitchens and bathrooms, along with hardwood floors.

The property is conveniently located near St. Vincent's Medical Center, shopping, dining, and Sacred Heart University, supporting a practical live-and-rent configuration.

As a turnkey option, it offers move-in-ready conditions for a buyer seeking a straightforward three-unit setup.

Key Highlights

  • Renovated three‑family home (built 1917) with updated kitchens and bathrooms on the first and second floors
  • Hardwood floors throughout the first and second levels
  • Move‑in ready with rental income potential

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 $58.8k $19.80
− Vacancy −$3.8k −$1.29
EGI $54.9k $18.51
− OpEx −$16.5k −$5.55
NOI $38.5k $12.96
2,968 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$549.5K
$480.8K – $641.1K (±1% cap)
NOI $38,463 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$498.7K
$436.4K – $581.9K (±1% cap)
NOI $34,912 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$847.1K
$741.2K – $988.3K (±1% cap)
NOI $59,299 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Gym & Fitness Center Acupuncture (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Skin Care Clinic Locksmith Travel Agency Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Renovated three-family home with updated kitchens and bathrooms featuring hardwood floors throughout the first and second levels.
Where is this triplex located?
The property is located at 610 Hawley Avenue 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: Renovated three‑family home (built 1917) with updated kitchens and bathrooms on the first and second floors; Hardwood floors throughout the first and second levels; Move‑in ready with rental income potential
Contact an agent
More about this property
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