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Three-Unit Residential Income

80-82 Poplar Street Bridgeport, CT 06605

80-82 Poplar Street, Bridgeport, CT, 06605
$890,000
For Sale
$890,000

MULTI_FAMILY - Bridgeport, CT

Property Size3,530 SF
Lot Size0.11 Acres
Price / SF$252.12
Days on Market13

Property Features for 80-82 Poplar Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RC
Bedrooms
10
Bathrooms
5
Rooms
Bedroom 4, Bedroom 2, Bedroom 10, Bathroom 4, Bedroom 9, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 5, Basement, Bedroom 6, Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 8, Bedroom 5
Parking
5
Exterior features
Balcony
Basement
Partially Finished, Full
Standard status
Active
Size
3,530 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
7538

Utilities

Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public

Building Details

Year built
1920
Architectural style
Other
Listing Agency US Asset Realty
611 Access Road, Stratford, CT
Listed by Alexia Andrade · License #RES.0815052
Added: Jul 8 Updated: Jul 19 at 8:08 pm Checked: Jul 20 at 3:06 pm
MLS# 24189856 Listing URL

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained three-family property features two units on the first and second floors with 3 bedrooms and 1 full bathroom each, plus a third-floor unit with 2 bedrooms and 1 full bathroom. The units have been updated with modern kitchens and bathrooms and include hardwood floors throughout. A finished basement provides additional living space, with the possibility for an in-law setup subject to buyer due diligence regarding permitted uses. Each unit also has its own dedicated parking space located at the rear of the property.

Located in Bridgeport, CT in the Black Rock area, the property offers easy access to I-95, the Fairfield Metro Train Station, downtown Bridgeport, Seaside Park, St. Mary’s by the Sea, the University of Bridgeport, and nearby Fairfield. The surrounding area includes shopping, restaurants, parks, schools, public transportation, and major employers. Zoning is listed as RC.

Key Highlights

  • Three‑family property with finished basement and 3 units: first and second floors each have 3 bedrooms and 1 full bath, third floor has 2 bedrooms and 1 full bath
  • Current gross monthly rental income of $8,600
  • Updated kitchens and bathrooms in all units, plus hardwood floors throughout

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 $69.9k $19.80
− Vacancy −$4.5k −$1.29
EGI $65.4k $18.51
− OpEx −$19.6k −$5.55
NOI $45.7k $12.96
3,530 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$653.5K
$571.8K – $762.4K (±1% cap)
NOI $45,746 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$593.2K
$519.0K – $692.1K (±1% cap)
NOI $41,523 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$1.01M
$881.6K – $1.18M (±1% cap)
NOI $70,528 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Acupuncture Bakery (Bike/Boat/Book/etc) Store Locksmith Cafe & Coffee Shop Gym & Fitness Center (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?
Triplex - Well-maintained three-family property with separate rear parking for each unit and updated kitchens and bathrooms.
Where is this triplex located?
The property is located at 80-82 Poplar Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Three‑family property with finished basement and 3 units: first and second floors each have 3 bedrooms and 1 full bath, third floor has 2 bedrooms and 1 full bath; Current gross monthly rental income of $8,600; Updated kitchens and bathrooms in all units, plus hardwood floors throughout
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