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Portfolio of 3 Multi-Family Properties 3 Multifamily Properties Offered at $1,320,000 in Bridgeport, CT

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INVESTMENT HIGHLIGHTS

  • Fully Detached 11-Unit Multi-Family Portfolio in Bridgeport, CT / Owner Financing Avaialble
  • Mix of Studio & Junior 1-Bedroom Units in High-Occupancy Market
  • Projected Portfolio-Wide Cap Rate Up to 12.5% Once Stabilized
  • Owner Finance available ***Stabilized, Income-Producing Assets with Low Maintenance Requirements
  • Strategic Location Near Transit, Schools, Shopping & Major Roadways
  • Strong Cash Flow, Long-Term Value, and Investor-Friendly Management

EXECUTIVE SUMMARY

Presenting a rare opportunity to acquire a stabilized, income-producing portfolio of three fully detached multi-family properties located on Granfield Avenue in Bridgeport, Connecticut. This offering includes a total of 11 rental units across three low-maintenance assets, each featuring a mix of studio and junior one-bedroom layouts that cater to strong tenant demand in a high-occupancy rental market. The properties are strategically positioned near public transportation, shopping, schools, and major roadways, ensuring long-term rental stability and tenant convenience.
*** Owner Financing Available ***

The portfolio includes 43–45 Granfield Avenue, a fully detached four-unit building currently generating income with all units occupied. Featuring a five-year-old roof and low operating expenses, this property offers immediate upside through rent increases to market levels and is projected to achieve a cap rate of up to 12.5% once stabilized.
At 33–35 Granfield Avenue, investors will find a turnkey five-unit asset with strong fundamentals, including a brand-new boiler and roof installed in 2024. One unit has been fully renovated and is ready for occupancy. The property is serviced by gas and electric utilities. With rents still below market, this asset offers clear income growth potential and is projected to reach a 12.4% cap rate once stabilized.
Rounding out the portfolio is 37–39 Granfield Avenue, a fully detached two-family property that has been recently updated with two new boilers (installed April 2024) and a roof estimated at 8–9 years old. Both units are vacant and move-in ready, allowing investors to secure tenants at current market rents. Tenants are responsible for their own electric and gas, keeping owner expenses low and predictable. Once stabilized, this property is projected to deliver a cap rate of approximately 9.1%.
With 11 total units, recent capital improvements, and a combined stabilized cap rate projected up to 12.5%, this portfolio presents a compelling opportunity for both new and seasoned investors seeking strong cash flow, long-term value, and ease of management in one of Bridgeport’s most accessible and high-demand corridors.
Schedule your private tour today! OWNER FINANCING AVAILABLE

PROPERTY FACTS

Price $1,320,000
Price / SF $176.21 / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 7.53%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 7,491 SF
Total Land Area 0.23 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
33-35 Granfield Ave, Bridgeport, CT 06610 Multifamily 3,039 SF 1887 -
43-45 Granfield Ave, Bridgeport, CT 06610 Multifamily 2,754 SF 1877 -
37-39 Granfield Ave, Bridgeport, CT 06610 Multifamily 1,698 SF 1930 -
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  • Listing ID: 36758353

  • Date on Market: 7/16/2025

  • Last Updated:

  • Address: Portfolio of 3 Multi-Family Properties, Bridgeport, CT

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