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Three-Family Home with Finished Lower Level
New
For Sale
$750,000

77-79 Sixth, Bridgeport, CT 06607

The 15-room property includes nine bedrooms and a private backyard.

Property Size3,741 SF
Price / SF$200.48
Days on Market7

Property Features for 77-79 Sixth

General Information

Standard status Active
Size 3,741 SF
Property subtype 3 Family

Additional Details

Highway Access Yes
Multifamily Units 3

Building Details

Year Built 1908
Listing Agency: Rosana Melo Realty
Listed By: Rosania Melo · License #REB.0795867
Source: Lockandkeyre
Added: Oct 16 Changed: Oct 21 Last Checked: Oct 20 at 10:35PM

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 Rosana Melo Realty

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Investment Insights

Based on property information with market context.

This legal three-family property in Bridgeport contains 3,741 square feet of living space across 15 rooms, including nine bedrooms. A finished lower level adds to the building’s existing interior space, and the property includes a private backyard. Built in 1908, the home is configured for three residential households.

Major highways are nearby, providing access for regional commuting.

Key Highlights

  • Legal three‑family property
  • 3,741 square feet with 15 rooms and 9 bedrooms
  • Finished lower level

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,480
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$969,600 $969.6K
Cap Rate 7%
$692,571 $692.6K
Cap Rate 9%
$538,667 $538.7K
Market Conditions
NOI Build-Up for 3,741 SF
Gross rent
$74.1K $19.80/SF
− Vacancy
−$4.8K −$1.29/SF
EGI
$69.3K $18.51/SF
− OpEx
−$20.8K −$5.55/SF
NOI
$48.5K $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%
$969,600
Cap Rate 7%
$692,571
Cap Rate 9%
$538,667

Alternative Uses

Best Use
Multifamily LT 5
$692.6K
$606.0K – $808.0K (±1% cap)
NOI $48,480 @ 7.0% cap · market cap 6.46%
Second Best
Apartment 5plus
$628.6K
$550.1K – $733.4K (±1% cap)
NOI $44,005 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$1.07M
$934.3K – $1.25M (±1% cap)
NOI $74,743 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

856
Businesses Nearby

Demographics for 06607, CT

8,690
Population
2,696
Households
3.2
Avg Household Size
33
Median Age
7%
College-Educated
75%
High-School Grad
1.2 sq mi
ZIP Area
7,242
Density / Sq Mi
$49,555
Median Household Income
$32,000
Median Earnings
$1,398
Median Rent
$218,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The 15-room property includes nine bedrooms and a private backyard.
Where is this triplex located?
The property is located at 77-79 Sixth Bridgeport, CT.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Legal three‑family property; 3,741 square feet with 15 rooms and 9 bedrooms; Finished lower level
More about this property
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