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56 Elizabeth Street

Bridgeport, Connecticut 06610

PENDING$550,000
Beds
4
Baths
2
SqFt
2,588
Acres
0.11
Year Built
1917
Matt Caiola

Matt Caiola

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About This Home

Excellent investment opportunity in the heart of Bridgeport! This well-maintained 2-family property offers immediate rental income with both units currently occupied and additional upside potential for investors looking to increase cash flow over time. Current rents are below market value, providing an opportunity to enhance future returns. The first-floor unit features 2 bedrooms and 1 full bathroom, gas forced-air heat, central air conditioning, an oil-fired water heater, and access to laundry in the basement. The second-floor unit offers 2 bedrooms, 1 full bathroom, electric heat, electric water heater, and additional living or storage space with access to an unfinished attic. The property also includes a detached 2-car garage, offering additional storage, parking, or potential rental value. Recent improvements include a newer roof, adding peace of mind for future ownership. Conveniently located near shopping, restaurants, schools, parks, and public transportation. Just minutes from Downtown Bridgeport, Bridgeport Hospital, and the East Side commercial corridor. Whether you're an experienced investor or looking to expand your portfolio, this income-producing property combines stable occupancy, desirable amenities, and future income growth potential in a convenient location. Don't miss this opportunity to own a value-add multi-family investment in Connecticut's largest city.

Key Facts

City/Town
Bridgeport
Neighborhood
Mill Hill
Property / Style
Multi-Family · Units on different Floors
Year Built
1917
Days on Market
53 days
Beds
4
Baths
2 full
Living Area
2,588 sq ft
Lot Size
0.11 acres
Garage / Parking
2 garage
Property Taxes
$7,067 / Annually

Market Snapshot

The Bridgeport Market

Multi-Family · trailing 12 months

Median Days on Market

29

65 active listings

Median $ / Sq Ft

$226

65 active listings

Sale-to-List Ratio

100.0%

259 sales

How this home compares

List Price

$550,000

vs $660,000 median

16.7% below median

Price / Sq Ft

$213

vs $226 median

5.8% below median

Days on Market

53 days

vs 29 days median

24 days longer than median

Based on 65 active and 259 closed sales (trailing 12 mo) of multi-family in Bridgeport. Source: SmartMLS · As of July 28, 2026.

Location

56 Elizabeth Street, Bridgeport, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,576

per month

  • Principal & Interest$2,804
  • Property Taxes$589
  • Insurance$183
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Bridgeport
Neighborhood
Mill Hill
County
Fairfield

Residence

Property Type
Multi-Family
Subtype
Duplex
Style
Units on different Floors
Year Built
1917
New Construction
No/Resale
Living Area
2,588 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Air
Heat Fuel
Natural GasOil
Cooling
None
Basement
FullUnfinished

Exterior & Lot

Lot Size
0.11 acres
Zoning
LI
Garage / Parking
2 garage spacesDetached Garage
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl Siding
Color
blue
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Level Lot

Listing & Financials

Property Taxes
$7,067 / Annually
Days on Market
53
MLS #
24180286
MLS Status
Under Contract

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Yasmina Delacruz-Bailey

(646) 938-4879

BHGRE Gaetano Marra Homes

(203) 627-8726

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 7/28/2026 at 7:05 AM UTC.