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33 Granfield Avenue, 
Bridgeport, CT 06610

$550,000


Bed


5

Baths


1,848

Sq Ft


Multi-Family

Active

Listed by

Lisa Nussbaum

Top Tier Realty Group, LLC.

Last updated:

July 16, 2025, 07:37 PM

MLS#

24112070

Source:

CT

About This Home

33 Granfield Avenue

****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.

Home Facts

Multi-Family

5 Baths

Built in 1887

Price Summary

550,000

$297 per Sq. Ft.

MLS #:

24112070

Last Updated:

July 16, 2025, 07:37 PM

Added:

7 day(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5

Interior

Living Area:

1,848 Sq. Ft.


Structure

Structure

Building Area:

1,848 Sq. Ft.

Year Built:

1887


Lot

Lot Size (Sq. Ft):

3,484


Finances & Disclosures

Finances

Price:

$550,000

Price per Sq. Ft:

$297 per Sq. Ft.

Source:CT
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