Two-Family Duplex with Private
New
For Sale
$599,000
75-77 Wilson, Bridgeport, CT 06605
Both residences have month-to-month tenants, with updated kitchens and bathrooms in the building.
Property Size1,980 SF
Price / SF$261.12
Days on Market4
Property Features for 75-77 Wilson
General Information
Standard status
Active
Size
1,980 SF
Property subtype
2 Family
Lease Term
Listing ID: 24207671, Standard Status: Active, MLS Status: Active, Property Subtype: 2 Family, 2 days on market
Additional Details
Public Transit
Yes
Multifamily Units
2
Building Details
Building Size
1,980 SF
Year Built
1980
Buildings
1
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty
(203) 254-7100
Listed By:
Pamela Albini · License #RES.0770202
(203) 520-0274
Source:
Iverty
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 6:13AM
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 Coldwell Banker Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-family duplex contains 2,294 square feet, with six bedrooms and two bathrooms across the residences. Built in 1980, the property features updated kitchens and baths, hardwood flooring, tiled bathrooms, and a full unfinished basement. Access is available from the front entrance or the backyard deck, and a private driveway serves the property. Outdoor areas include front and rear yards.
The property is within walking distance of train service, shops, restaurants, live music venues, coffee shops, and St. Mary’s by the Sea. Both floors are occupied by month-to-month tenants.
The property is within walking distance of train service, shops, restaurants, live music venues, coffee shops, and St. Mary’s by the Sea. Both floors are occupied by month-to-month tenants.
Key Highlights
- Two‑family property with six bedrooms and two bathrooms
- 2,294 square feet; built in 1980
- Updated kitchens and baths, hardwood flooring, and tiled bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,728
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,560
$594.6K
Cap Rate 7%
$424,686
$424.7K
Cap Rate 9%
$330,311
$330.3K
Market Conditions
NOI Build-Up for 2,294 SF
Gross rent
$45.4K $19.80/SF
− Vacancy
−$3.0K −$1.29/SF
EGI
$42.5K $18.51/SF
− OpEx
−$12.7K −$5.55/SF
NOI
$29.7K $12.96/SF
Area
Bridgeport, CT
Vacancy
6.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,560
Cap Rate 7%
$424,686
Cap Rate 9%
$330,311
Alternative Uses
Best Use
Multifamily LT 5
$424.7K
$371.6K – $495.5K
NOI $29,728 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$385.5K
$337.3K – $449.7K
NOI $26,984 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$654.8K
$572.9K – $763.9K
NOI $45,833 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,298
Businesses Nearby
Explore this area
Business Placement
Demographics for 06605, CT
23,867
Population
10,799
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
10,377
Density / Sq Mi
$59,673
Median Household Income
$40,276
Median Earnings
$1,423
Median Rent
$273,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have month-to-month tenants, with updated kitchens and bathrooms in the building.
Where is this duplex located?
The property is located at 75-77 Wilson Bridgeport, CT.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two‑family property with six bedrooms and two bathrooms; 2,294 square feet; built in 1980; Updated kitchens and baths, hardwood flooring, and tiled bathrooms
