Fully Renovated
755 Ogden Street Bridgeport, CT 06608
755 Ogden Street, Bridgeport, CT, 06608
$1,100,000
For Sale
$1,100,000
Turnkey four-family property with renovated 3- and 4-bedroom apartments and tenant-paid utilities.
Property Size4,659 SF
Price / SF$236.10
Days on Market25
Property Features for 755 Ogden Street
General Information
- Standard status
- Active
- Size
- 4,659 SF
- Property subtype
- 4 Family
Building Details
- Year Built
- 1897
Listing agency
Baldwin Pearson & Co., Inc
(203) 521-6348
Listed by
Daniel Shawah · License #RES.0829215
(203) 521-6348
Source
Lockandkeyre
Added: Jun 29 Updated: Jul 21 at 1:47PM Checked: Jul 23 at 5:39AM
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
Investment Insights
Based on property information with market context.
755 Ogden Street is a fully renovated four-family residential income property offering a unit mix of spacious 3- and 4-bedroom apartments. The interiors have been updated and the building is presented in turnkey condition.
According to the information provided, tenants are responsible for all utilities, supporting minimal operating expenses. The property is described as being on Bridgeport’s East Side near major transportation routes, shopping, schools, and employment centers.
This quadplex configuration is designed to appeal to renters seeking larger living spaces, with an emphasis on strong rental demand and long-term cash flow potential based on the stated tenant-paid utilities and updated condition.
According to the information provided, tenants are responsible for all utilities, supporting minimal operating expenses. The property is described as being on Bridgeport’s East Side near major transportation routes, shopping, schools, and employment centers.
This quadplex configuration is designed to appeal to renters seeking larger living spaces, with an emphasis on strong rental demand and long-term cash flow potential based on the stated tenant-paid utilities and updated condition.
Key Highlights
- Fully renovated four‑family property built in 1897
- Unit mix includes spacious 3- and 4‑bedroom apartments
- Tenants are responsible for all utilities
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 | $92.2k | $19.80 |
| − Vacancy | −$6.0k | −$1.29 |
| EGI | $86.3k | $18.51 |
| − OpEx | −$25.9k | −$5.55 |
| NOI | $60.4k | $12.96 |
4,659 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Turnkey four-family property with renovated 3- and 4-bedroom apartments and tenant-paid utilities.
Where is this quadplex located?
The property is located at 755 Ogden Street 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; Unit mix includes spacious 3- and 4‑bedroom apartments; Tenants are responsible for all utilities
