Price Reduced 2.73%

$535,000 ($289.50 per sqft)

Under Contract

Est. Mortgage $2,635/mo *

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Listing courtesy of Lisa Nussbaum (203) 521-5339, Top Tier Realty Group, LLC (203) 521-5339

Price History

$550,000
7/16/2025

$545,000
1/7/2026

$535,000
2/3/2026

33-35 Granfield Avenue, Bridgeport, (Mill Hill), CT, 06610

33-35 Granfield Avenue, Bridgeport, (Mill Hill), CT, 06610
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9 rooms

0 beds

3 Full baths

1887

Units on different Floors

1,848 sqft

****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.

Status:

Under Contract

Town:

Bridgeport

Type:

Multi-family

Units:

5

Zoning:

RC

Heating:

Hot Air

Cooling:

None

Basement:

Full, Unfinished

Acreage:

0.08

Est. Taxes:

$6,071

Assessment

$139,720

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

205

MLS #:

24112070

Community Info

School Info

Walk Score

Mass Transit

Yelp

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