Bridgeport Multifamily Investment
727 Iranistan Avenue Bridgeport, CT 06605
727 Iranistan Avenue, Bridgeport, CT, 06605
$569,000
For Sale
$569,000
Multifamily property in Bridgeport's West Side with income potential.
Property Size3,271 SF
Price / SF$173.95
Days on Market104
Property Features for 727 Iranistan Avenue
General Information
- Standard status
- Active
- Size
- 3,271 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1897
Listing agency
YellowBrick Real Estate LLC
(475) 266-0628
Listed by
Samahre Aidibe
(475) 266-0628
Source
Lockandkeyre
Added: Apr 10 Updated: Jul 10 at 1:13PM Checked: Jul 21 at 3:11AM
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 YellowBrick Real Estate LLC
Investment Insights
Based on property information with market context.
Located in the West Side of Bridgeport, 727 Iranistan Avenue presents a multifamily property suitable for investors seeking income potential. The property offers practical layouts with ample space and natural light. It is configured for management, featuring separate utilities. The property includes off-street parking and outdoor space. Its location provides access to local shops, restaurants, public transit, and commuter routes. The property is 3271 square feet. It can be delivered vacant.
Key Highlights
- Strong income potential and long‑term upside for investors.
- Desirable West Side location in Bridgeport, close to amenities and commuter routes.
- Separate utilities for easy management.
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 | $64.8k | $19.80 |
| − Vacancy | −$4.2k | −$1.29 |
| EGI | $60.6k | $18.51 |
| − OpEx | −$18.2k | −$5.55 |
| NOI | $42.4k | $12.96 |
3,271 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$605.6K
$529.9K – $706.5K
NOI $42,389 @ 7.0% cap · market cap 7.45%
Second Best
Apartment 5plus
$549.7K
$481.0K – $641.3K
NOI $38,476 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$933.6K
$816.9K – $1.09M
NOI $65,353 @ 7.0% cap · market cap 11.49%
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 - Multifamily property in Bridgeport's West Side with income potential.
Where is this duplex located?
The property is located at 727 Iranistan Avenue Bridgeport, CT.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Strong income potential and long‑term upside for investors.; Desirable West Side location in Bridgeport, close to amenities and commuter routes.; Separate utilities for easy management.
