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    43 Granfield Ave Bridgeport, CT 06610

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    For Sale
    $450,000

    Four-unit property with income potential in a convenient location.

    Lot size:
    0.08 Acres

    Property Features for 43 Granfield Ave

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1877

    Source: Top Tier Realty Group, LLC Agent Lisa Nussbaum

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bridgeport Multifamily Investment Opportunity

    This is a detached four-family property located in Bridgeport. It features four units, each with a studio or junior one-bedroom layout. The property is currently generating income with all units occupied, presenting an opportunity to increase rents to market rate. The roof is five years old, and the structure is low maintenance. The property is being marketed as a value-add opportunity with a projected cap rate of up to 12.5% once stabilized. It is located near public transportation, shopping, and schools. This property is being sold as a package with 33-35 Granfield & 37-39 Granfield and can be sold individually.
    Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeport
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.1641844
    Latitude
    41.1975272

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property with income potential in a convenient location.
    Where is this quadplex located?
    The property is located at 43 Granfield Ave Bridgeport, CT.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - High Income Potential: Achieve a projected cap rate of up to 12.5% by increasing rents to market rate.; - Detached 4-Family Structure: Providing immediate income generation with all units currently occupied.; - Low Maintenance: Features a 5-year-old roof and a low-maintenance structure, keeping expenses under control.
    (203) 521-5339
    Request Owner's contact information
    43 Granfield Ave Bridgeport, CT 06610
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    Bridgeport, CT 06610
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    43 Granfield Ave Bridgeport, CT 06610
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