Four-Family Residential
For Sale
$1,100,000
755 Ogden St, Bridgeport, CT 06608
Fully renovated four-family offering spacious 3- and 4-bedroom units with tenant-paid utilities.
Property Size4,659 SF
Price / SF$236.10
Days on Market110
Property Features for 755 Ogden St
General Information
Standard status
Active
Size
4,659 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
East Side
Additional Details
Multifamily Units
4
Building Details
Year Built
1897
Tenancy
Multi
Listing Agency:
Baldwin Pearson & Co., Inc
Listed By:
Daniel Shawah · License #RES.0829215
(203) 521-6348
Source:
Homesbyshoshana
Added: Jul 8
Changed: Oct 3
Last Checked: Oct 7 at 5:25PM
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 Baldwin Pearson & Co., Inc
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Investment Insights
Based on property information with market context.
Baldwin Pearson & Co, is pleased to present 755 Ogden Street, a fully renovated four-family residential building offering spacious 3- and 4-bedroom apartments. The property is described as turnkey, with updated interiors and an apartment mix designed around larger rental living space. Tenants are responsible for all utilities, supporting minimal operating expenses for ownership.
Located on Bridgeport’s East Side, 755 Ogden Street is presented as conveniently positioned near major transportation routes, shopping, schools, and employment centers. Walkability and access to transit are indicated by the provided walkScore and transitScore figures.
The building’s current configuration provides a straightforward four-unit setup in renovated condition, positioned for rental occupancy with a unit mix that features both 3- and 4-bedroom layouts.
Located on Bridgeport’s East Side, 755 Ogden Street is presented as conveniently positioned near major transportation routes, shopping, schools, and employment centers. Walkability and access to transit are indicated by the provided walkScore and transitScore figures.
The building’s current configuration provides a straightforward four-unit setup in renovated condition, positioned for rental occupancy with a unit mix that features both 3- and 4-bedroom layouts.
Key Highlights
- Fully renovated four‑family property built in 1897 with a unit mix of 3- and 4‑bedroom apartments
- Spacious 3- and 4‑bedroom units designed for strong tenant demand for larger living spaces
- Tenants responsible for all utilities, supporting minimal operating expenses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,376
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,207,520
$1.2M
Cap Rate 7%
$862,514
$862.5K
Cap Rate 9%
$670,844
$670.8K
Market Conditions
NOI Build-Up for 4,659 SF
Gross rent
$92.2K $19.80/SF
− Vacancy
−$6.0K −$1.29/SF
EGI
$86.3K $18.51/SF
− OpEx
−$25.9K −$5.55/SF
NOI
$60.4K $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%
$1,207,520
Cap Rate 7%
$862,514
Cap Rate 9%
$670,844
Alternative Uses
Best Use
Multifamily LT 5
$862.5K
$754.7K – $1.01M
NOI $60,376 @ 7.0% cap · market cap 5.49%
Second Best
Apartment 5plus
$782.9K
$685.0K – $913.4K
NOI $54,803 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $93,085 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,902
Businesses Nearby
Explore this area
Business Placement
Demographics for 06608, CT
14,312
Population
4,915
Households
2.9
Avg Household Size
33
Median Age
7%
College-Educated
67%
High-School Grad
1.0 sq mi
ZIP Area
14,312
Density / Sq Mi
$43,008
Median Household Income
$30,524
Median Earnings
$1,311
Median Rent
$222,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully renovated four-family offering spacious 3- and 4-bedroom units with tenant-paid utilities.
Where is this quadplex located?
The property is located at 755 Ogden St Bridgeport, CT.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Fully renovated four‑family property built in 1897 with a unit mix of 3- and 4‑bedroom apartments; Spacious 3- and 4‑bedroom units designed for strong tenant demand for larger living spaces; Tenants responsible for all utilities, supporting minimal operating expenses
