33 Granfield Avenue, Bridgeport, CT 06610

Local realty services provided by:ERA Insite Realty Services
33 Granfield Avenue,Bridgeport, CT 06610
$550,000
  • - Beds
  • 5 Baths
  • 1,848 sq. ft.
  • Multi-family
  • Active
Listed by:lisa nussbaum
Office:top tier realty group, llc
MLS#:24112070
Source:CT

Price summary

  • Price:$550,000
  • Price per sq. ft.:$297.62

About this home

****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.

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Home facts

  • Year built:1887
  • Listing ID #:24112070
  • Added:71 day(s) ago
  • Updated:September 20, 2025 at 11:29 AM

Rooms and interior

  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:1,848 sq. ft.

Heating and cooling

  • Heating:Hot Air

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1887
  • Building area:1,848 sq. ft.
  • Lot area:0.08 Acres

Schools

  • High school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$297.62
  • Tax amount:$6,071 (July 2025-June 2026)
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