****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.
For sale
$550,000
33 Granfield Avenue, Bridgeport, CT 06610
--beds
1,848sqft
Est.:
Multi Family
Built in 1887
-- sqft lot
$543,400 Zestimate®
$298/sqft
$-- HOA
What's special
New roof
- 23 days
- on Zillow |
- 385 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: July 16, 2025 at 11:32am
Listed by:
Lisa Nussbaum,
Top Tier Realty Group, LLC
Source: Smart MLS,MLS#: 24112070

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Full,Unfinished
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 1,848
- Total interior livable area: 1,848 sqft
- Finished area above ground: 1,848
Property
Parking
- Parking features: None
Features
- Waterfront features: Beach Access
Lot
- Size: 3,484.8 Square Feet
- Features: Level
Details
- Parcel number: 27875
- Zoning: RC
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Stone, Stucco
- Foundation: Masonry
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1887
Utilities & green energy
- Sewer: None
- Water: Public
Community & HOA
Community
- Subdivision: Mill Hill
HOA
- Has HOA: No
Location
- Region: Bridgeport
Financial & listing details
- Price per square foot: $298/sqft
- Tax assessed value: $139,720
- Annual tax amount: $6,071
- Date on market: 7/16/2025
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