33 Granfield Ave Bridgeport, CT 06610
North Bridgeport NeighborhoodEstimated payment $3,391/month
Total Views
237,778
--
Bed
5
Baths
1,848
Sq Ft
$298
Price per Sq Ft
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,071
Year Built
- Built in 1887
Lot Details
- 3,485 Sq Ft Lot
- Level Lot
Home Design
- Asphalt Shingled Roof
- Stone Siding
- Stucco Exterior
- Masonry
Interior Spaces
- 5 Full Bathrooms
- 1,848 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Additional Features
- Beach Access
- Heating System Uses Natural Gas
Community Details
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 27875
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | For Sale | $550,000 | -- | $298 / Sq Ft |
Source: SmartMLS
About the Listing Agent
Lisa Nussbaum is a real estate broker with Top Tier Realty Group, serving Bridgeport, CT and nearby areas. She works with tenants, buyers, landlords, and sellers, offering responsive service and clear communication. Lisa focuses on understanding client needs and delivering results, whether helping find the right home or marketing a property to sell or rent.
Lisa's Other Listings
Source: SmartMLS
MLS Number: 24112070
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