Remodeled Two-Unit Residential
New
For Sale
$575,000
644-646 Hallett Street, Bridgeport, CT 06608
MULTI_FAMILY - Bridgeport, CT
Property Size2,138 SF
Lot Size0.06 Acres
Price / SF$268.94
Days on Market4
Property Features for 644-646 Hallett Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RC
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 2, Basement
Patio and Porch features
Porch
Exterior features
Balcony,Shed,Porch,Gutters,Lighting
Basement
Full, Partially Finished
Lot features
Level Lot
Elementary school
Per Board of Ed
High school
Per Board of Ed
Directions
Per GPS instructions
Subdivision
East End
Standard status
Active
Size
2,138 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5685
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1891
Architectural style
Other
Listing Agency:
Arlinda Gesner Realty LLC
(860) 973-8277
Listed By:
Dennis Torres
(860) 692-2041
Added: Jul 27
Last Checked: Jul 30 at 11:06AM
MLS# 24193718
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This remodeled two-unit residential income property includes two separate units with hardwood flooring throughout. The first-floor unit features two bedrooms and one bathroom, and the second-floor unit features four bedrooms and two bathrooms. Updates noted in the listing include electrical wiring and panels, as well as new appliances installed at the time of the remodel. A basement is described as having an additional bathroom already in place, which could support additional finished space.
Both units are currently fully leased, and the listing states tenants are under locked-in terms for two years with increases already negotiated. The first-floor unit has solar panels in place, which the listing describes as helping keep utility bills controlled. The property is listed for sale in Bridgeport, Connecticut, within RC zoning.
The property consists of a duplex-style layout at 644–646 Hallett Street, totaling 2,138 square feet as provided in the listing.
Both units are currently fully leased, and the listing states tenants are under locked-in terms for two years with increases already negotiated. The first-floor unit has solar panels in place, which the listing describes as helping keep utility bills controlled. The property is listed for sale in Bridgeport, Connecticut, within RC zoning.
The property consists of a duplex-style layout at 644–646 Hallett Street, totaling 2,138 square feet as provided in the listing.
Key Highlights
- 2‑family property fully remodeled about 3 years ago with hardwood flooring throughout
- 1st‑floor unit: 2 bedrooms, 1 bathroom; tenants have solar panels in place for utility savings
- 2nd‑floor unit: 4 bedrooms, 2 bathrooms
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 | $42.3k | $19.80 |
| − Vacancy | −$2.8k | −$1.29 |
| EGI | $39.6k | $18.51 |
| − OpEx | −$11.9k | −$5.55 |
| NOI | $27.7k | $12.96 |
2,138 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$395.8K
$346.3K – $461.8K
NOI $27,707 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$359.3K
$314.4K – $419.2K
NOI $25,149 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$610.2K
$534.0K – $711.9K
NOI $42,716 @ 7.0% cap · market cap 7.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,889
Businesses Nearby
Explore this area
Business Placement
Demographics for 06608, CT
14,312
Population
4,915
Households
2.9
Avg Household Size
33
Median Age
7%
College-Educated
67%
High-School Grad
1.0 sq mi
ZIP Area
14,312
Density / Sq Mi
$43,008
Median Household Income
$30,524
Median Earnings
$1,311
Median Rent
$222,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two fully leased units offer 2 beds on the first floor and 4 beds on the second, with hardwood flooring throughout.
Where is this duplex located?
The property is located at 644-646 Hallett Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2‑family property fully remodeled about 3 years ago with hardwood flooring throughout; 1st‑floor unit: 2 bedrooms, 1 bathroom; tenants have solar panels in place for utility savings; 2nd‑floor unit: 4 bedrooms, 2 bathrooms
