33-35 Granfield Ave, Bridgeport, CT 06610
- Baths
- 5
- Sqft
- 1,848
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
****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
Full feature list
Basic info
- Property type
- Multi-family
- Number of bathrooms
- 5
- Square feet
- 1,848
- Lot size (acres)
- 0.08
- Year built
- 1887
Interior features
- Basement
- Yes, Finished
Utilities
- Sewer
- Other
- Water
- Public Water
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Smart MLS MLS®#: 24112070 Last checked: …
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