Back to Search
Fully Renovated Two-Family Home

74 Carleton Avenue Bridgeport, CT 06604

74 Carleton Avenue, Bridgeport, CT, 06604
$649,900
For Sale
$649,900

New floors and fresh paint update each unit, which includes a bright living room and in-unit laundry hookups.

Property Size2,849 SF
Price / SF$228.12
Days on Market240

Property Features for 74 Carleton Avenue

General Information

Standard status
Active
Size
2,849 SF
Property subtype
Multi-Family / 2 Family

Building Details

Year Built
1930
Listing agency YellowBrick Real Estate LLC
Listed by Rudy Pierre · License #REB.0792769
Source Compass
Added: Nov 24, 2025 Updated: Jul 21 at 3:03PM Checked: Jul 21 at 3:03PM

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.

This fully renovated two-family home features new floors and fresh paint throughout. Each unit offers a bright living room with high ceilings and in-unit laundry hookups, supporting day-to-day convenience. A full basement adds additional storage, and the property includes a two-car garage for secure parking.

The home is positioned close to schools, shopping, and public transportation, with access to Metro North and I-95 nearby. Grocery stores, restaurants, and bus lines are also within reach, and Fairfield amenities are described as nearby.

With a two-car garage, full basement storage, and in-unit laundry in both units, the layout supports straightforward residential income use while presenting a renovated interior throughout.

Key Highlights

  • Fully renovated two‑family home with new floors and fresh paint
  • 12 total rooms, with each unit featuring a bright living room and high ceilings
  • In‑unit laundry hookups available for each unit; laundry room hook‑ups included

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 $56.4k $19.80
− Vacancy −$3.7k −$1.29
EGI $52.7k $18.51
− OpEx −$15.8k −$5.55
NOI $36.9k $12.96
2,849 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$527.4K
$461.5K – $615.3K (±1% cap)
NOI $36,920 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$478.7K
$418.9K – $558.5K (±1% cap)
NOI $33,512 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$813.2K
$711.5K – $948.7K (±1% cap)
NOI $56,922 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

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

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

FAQs

What type of property is this?
Duplex - New floors and fresh paint update each unit, which includes a bright living room and in-unit laundry hookups.
Where is this duplex located?
The property is located at 74 Carleton Avenue Bridgeport, CT.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Fully renovated two‑family home with new floors and fresh paint; 12 total rooms, with each unit featuring a bright living room and high ceilings; In‑unit laundry hookups available for each unit; laundry room hook‑ups included
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message