Bridgeport, CT 06610,33 Granfield Avenue
Bridgeport, CT 06610,33 Granfield Avenue
Bridgeport, CT 06610,33 Granfield Avenue
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$545,000
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5 Baths
1,848 SqFt
Price Dropped by $5K

33 Granfield Avenue Bridgeport, CT 06610

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Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 1,848 sqft

Price per Sqft $294

MLS Listing ID 24112070

Style Units on different Floors

Full Baths 5

Year Built 1887

Annual Tax Amount $6,071

Lot Size 3,484 Sqft

Property Sub-Type 5 Family+

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.

Location

State CT

County Fairfield

Zoning RC

Rooms

Basement Full, Unfinished

Interior

Heating Hot Air

Cooling None

Exterior

Waterfront Description Beach Rights

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Masonry

Sewer None

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed


Listed by Lisa Nussbaum • Top Tier Realty Group, LLC

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Frenchtown Elementary School

    Public | KG - 5

  • 7

    Multicultural Magnet School

    Public | KG - 8

  • 5

    Classical Studies Academy

    Public | KG - 7

  • 5

    Johnson House Elementary School

    Public | 2 - 6

  • 5

    Eli Whitney Elementary School

    Public | KG - 6

  • 5

    Lordship Elementary School

    Public | KG - 6

  • 5

    Wilcoxson Elementary School

    Public | KG - 6

  • 4

    Park City Magnet School

    Public | PK - 8

  • 4

    New Beginnings Inc. Family Academy

    Public | KG - 8

  • 4

    Waltersville School

    Public | PK - 8

  • 4

    Achievement First Bridgeport Academy

    Public | KG - 11

  • 4

    High Horizons Magnet School

    Public | KG - 8

  • 4

    Six-Six Magnet School

    Public | PK - 8

  • 4

    Franklin Elementary School

    Public | KG - 6

  • 3

    Nichols Elementary School

    Public | KG - 6

  • 2

    Geraldine Johnson School

    Public | PK - 8

  • 2

    Cross School

    Public | KG - 8

  • 2

    Hallen School

    Public | PK - 6

  • 2

    Barnum School

    Public | PK - 8

  • 2

    Hooker School

    Public | KG - 8

Middle Schools 8
  • 5

    Park City Preparatory Charter School

    Public | 6 - 8

  • 4

    David Wooster Middle School

    Public | 7 - 8

  • 4

    Harry B. Flood Middle School

    Public | 7 - 8

  • 2

    The Bridge Academy

    Public | 7 - 12

  • 0

    Developmental Learning Center (Dlc)

    Public | 6 - 12

  • 0

    Pride

    Public | 7 - 11

  • 0

    Centre School

    Private | 7 - 10

  • 0

    Secondary Steps Program

    Public | 7 - 11

High Schools 14
  • 5

    Burnell High School

    Public | 9 - 12

  • 5

    Stratford High School

    Public | 9 - 12

  • 2

    Bullard-Havens Technical High School

    Public | 9 - 12

  • 1

    Bassick High School

    Public | 9 - 12

  • 1

    Central High School

    Public | 9 - 12

  • 1

    Harding High School

    Public | 9 - 12

  • 0

    Rise Transitional Program

    Public | 12 - 12

  • 0

    Kolbe Cathedral High School

    Private | 9 - 12

  • 0

    Bridgeport Military Academy

    Public | 9 - 9

  • 0

    Zoological Science Research and Biotechnology High School

    Public | 9 - 10

  • 0

    Physical Sciences Engineering and Aerospace/Hydros

    Public | 9 - 10

  • 0

    Information Technology and Software Engineering High School

    Public | 9 - 10

  • 0

    Bridgeport International Academy

    Private | 9 - 12

  • 0

    Strive

    Public | 12 - 12

School and business data provided by Attom Data.

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James Corby

James Corby

Broker Associate | REB.REB.0794596

+1(860) 865-8197

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33 Granfield Avenue