Two-Family Residential
7 Horace Street Bridgeport, CT 06610
7 Horace Street, Bridgeport, CT, 06610
$449,000
Pending
For Sale
$449,000
Pending
Two separate apartments in a brick and stone duplex, each with two bedrooms and a front porch, plus off-street parking.
Property Size1,792 SF
Days on Market64
Property Features for 7 Horace Street
General Information
- Standard status
- Pending
- Size
- 1,792 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1917
Listing agency
eXp Realty
(203) 590-1979
Listed by
Jose Rivera
(203) 590-1979
Source
Lockandkeyre
Added: May 20 Updated: Jul 20 at 4:29PM Checked: Jul 21 at 3:26AM
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 eXp Realty
Investment Insights
Based on property information with market context.
This two-family residential building features a brick and stone exterior with a wood deck. Each floor offers a kitchen, dining room, living room, bathroom, and two bedrooms, with separate access to a front porch for each apartment.
Off-street parking is available for up to four cars, and the property includes a shed for outdoor tool storage.
The layout supports either owner-occupancy with rental income from the second unit or renting both apartments, depending on the buyer’s preference.
Off-street parking is available for up to four cars, and the property includes a shed for outdoor tool storage.
The layout supports either owner-occupancy with rental income from the second unit or renting both apartments, depending on the buyer’s preference.
Key Highlights
- 1917‑built brick and stone duplex with 2 separate apartments
- Each floor features 2 bedrooms, kitchen, dining room, living room, and bathroom
- Each apartment includes access to a front porch
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 | $35.5k | $19.80 |
| − Vacancy | −$2.3k | −$1.29 |
| EGI | $33.2k | $18.51 |
| − OpEx | −$10.0k | −$5.55 |
| NOI | $23.2k | $12.96 |
1,792 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$331.8K
$290.3K – $387.1K
NOI $23,223 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$301.1K
$263.5K – $351.3K
NOI $21,079 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$511.5K
$447.5K – $596.7K
NOI $35,803 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate apartments in a brick and stone duplex, each with two bedrooms and a front porch, plus off-street parking.
Where is this duplex located?
The property is located at 7 Horace Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 1917‑built brick and stone duplex with 2 separate apartments; Each floor features 2 bedrooms, kitchen, dining room, living room, and bathroom; Each apartment includes access to a front porch
