Two-Family Residential Income
664-666 Iranistan Avenue Bridgeport, CT 06604
664-666 Iranistan Avenue, Bridgeport, CT, 06604
$575,000
For Sale
$575,000
MULTI_FAMILY - Bridgeport, CT
Property Size3,635 SF
Lot Size0.12 Acres
Price / SF$158.18
Days on Market84
Property Features for 664-666 Iranistan Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RC
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2, Basement, Bedroom 3, Bedroom 4
- Parking
- 2
- Basement
- Unfinished, Full
- Standard status
- Active
- Size
- 3,635 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 7461
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1900
- Architectural style
- Other
Listing agency
US Asset Realty
(800) 913-1936
Listed by
Angela Nieto
(203) 545-5090
Added: Apr 30 Updated: Jul 19 at 7:22AM Checked: Jul 22 at 2:06AM
MLS# 24170733
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 two-family residential income property features two separate units, each offering two bedrooms, a living room, dining room, and a full bathroom. Hardwood floors run throughout the home. In addition, the finished third floor includes two additional bedrooms plus a bonus room, providing extra flexible space.
The property is located near schools, public transportation, and major highways and commuting routes, offering convenient access for daily needs.
The sale is AS-IS. The property is identified as 664–666 Iranistan Avenue in Bridgeport, Connecticut 06604.
The property is located near schools, public transportation, and major highways and commuting routes, offering convenient access for daily needs.
The sale is AS-IS. The property is identified as 664–666 Iranistan Avenue in Bridgeport, Connecticut 06604.
Key Highlights
- Two‑family home built in 1900 with public water and public sewer.
- Two units each feature 2 bedrooms, a living room, dining room, and a full bathroom.
- Finished third floor adds 2 additional bedrooms plus a bonus room for flexible use.
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 | $72.0k | $19.80 |
| − Vacancy | −$4.7k | −$1.29 |
| EGI | $67.3k | $18.51 |
| − OpEx | −$20.2k | −$5.55 |
| NOI | $47.1k | $12.96 |
3,635 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$672.9K
$588.8K – $785.1K
NOI $47,106 @ 7.0% cap · market cap 8.19%
Second Best
Apartment 5plus
$610.8K
$534.5K – $712.6K
NOI $42,758 @ 7.0% cap · market cap 7.44%
Theoretical Best
Office A
$1.04M
$907.8K – $1.21M
NOI $72,626 @ 7.0% cap · market cap 12.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit home with hardwood floors and two bedrooms per unit, plus additional finished space on the third floor.
Where is this duplex located?
The property is located at 664-666 Iranistan Avenue 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: Two‑family home built in 1900 with public water and public sewer.; Two units each feature 2 bedrooms, a living room, dining room, and a full bathroom.; Finished third floor adds 2 additional bedrooms plus a bonus room for flexible use.
