Coldwell Banker Res Brokerage
Christine Curry-Smith, Coldwell Banker Res BrokeragePhone: (203) 952-8405
Email: [email protected]
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listing
1 of 15
MultifamilyFor Sale
$550,000
33 Granfield Avenue
Bridgeport, CT 06610
Courtesy of Top Tier Realty Group, LLC
MLS: Smart MLS
0Beds
5Baths
1,848Sq Ft
Est. Mortgage
$2,939/mo

****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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Information courtesy of Top Tier Realty Group, LLC is subject to verification and is not guaranteed. Listing Data Last Updated 07/19/2025 11:05 PM
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