1. Connecticut
  2. Bridgeport
  3. 33 Granfield Avenue
$550,000

33 Granfield Avenue, Bridgeport, CT 06610

  • 5 baths |
  • 1,848 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1887
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $298/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

****Turnkey 5-Unit Investment Property with Major Upside *** Welcome to 33-35 Granfield Avenue - a fully detached five-family asset offering strong fundamentals and excellent income growth potential. The layout includes a mix of studios and junior one-bedrooms, ideal for long-term rental stability in a high-demand area. One unit has been fully renovated and is ready for occupancy. Recent upgrades include a brand-new boiler installed in 2024 and a new roof, minimizing near-term capital expenses. The property is serviced by both gas and electric utilities. Current rents are below market, presenting a clear opportunity to increase cash flow over time. Once stabilized, the property is projected to deliver a cap rate of approximately 12.4%, making it a compelling option for investors seeking value and long-term upside. Conveniently located near public transportation, shopping, and major roadways, this low-maintenance, income-producing property is a smart addition to any portfolio.

Listing Status:
Active
Date Added:
July 16, 2025 at 06:29PM
Listing Office:
Top Tier Realty Group, LLC : (203) 521-5339
Listing Agent:
Lisa Nussbaum : (203) 521-5339
MLS ID:
24112070
  • Basement: FullUnfinished
  • A/C: None
  • Heating: Hot AirNatural Gas
  • Fireplace: Fireplaces: 0

This listing courtesy of Lisa Nussbaum, Top Tier Realty Group, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Edison School

115 Boston Ter, Bridgeport, CT, 06610

Grades KG-6

0.17 miles away

H

High Horizons Magnet School

700 Palisade Ave, Bridgeport, CT, 06610

Grades PK-8

0.47 miles away

W

Warren Harding High School

379 Bond St, Bridgeport, CT, 06610

Grades 9-12

0.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

43 Granfield Avenue, Bridgeport, CT 06610
Multi-Family Home For Sale

$450,000

  • 4 bath |
  • 1,752 sqft |
  • 3,485 sqft lot
43 Granfield Avenue Bridgeport, CT 06610

#24112075 - Top Tier Realty Group, LLC