43 Granfield Ave Bridgeport, CT 06610
Four-unit property with income potential in a convenient location.
Lot size:
0.08 AcresProperty Features for 43 Granfield Ave
General Information
- Lot size
- 0.08 Acres
Building Details
- Year built
- 1877
Source:
Elliman
Listing 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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Bridgeport
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.1641844
- Latitude
- 41.1975272
Nearby Similar for Sale
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.