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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.
Features
Heating System:
Hot Air
Cooling System:
No
Basement:
Full, Unfinished
Foundation Type:
Masonry
Heat Fuel Type:
Natural Gas
Exterior Siding:
Stone, Stucco
Fireplaces Total:
0
Parking Total Spaces:
0
Hot Water Description:
Other
Lot Description:
Level Lot
Water Source:
Public Water Connected
Address Map
Street:
Granfield
Street Number:
33
Floor Number:
0
Longitude:
W74° 50′ 8.1”
Latitude:
N41° 11′ 51.3”
MLS Addon
Office Name:
Top Tier Realty Group, LLC
Agent Name:
Lisa Nussbaum
List Agent MLSID:
NUSSBAUML
List Office MLSID:
13578
Tax Year:
July 2025-June 2026
Directions:
Please use GPS
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
HOA Fee Amount:
$0
Parcel Number:
27875
Property Tax:
$6,071
Zoning:
RC

Multi-family For Sale

33 Granfield, Bridgeport, 06610

0 Bedrooms
5 Bathrooms
1,848 Sqft
$550,000
Listing ID #24112070
Basic Details
Property Type :
Multi-family For Sale
Listing Type :
For Sale
Listing ID :
24112070
Price :
$550,000
Bedrooms :
0
Baths Total :
5
Bathrooms :
5
Half Bathrooms :
0
Square Footage :
1,848 Sqft
Year Built :
1887
Lot Area :
0.08 Acre
City:
Bridgeport
Zipcode:
06610
Property Sub Type :
5 Family+
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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A full-time agent with RE/MAX for 17 years. Marketing Business Degree WCSU. Volunteer Danbury Hospital. RE/MAX Executive Club. Read More…