****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.
Listed by Lisa Nussbaum
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Top Tier Realty Group, LLC
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(203) 521-5339
Last updated July 16, 2025
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Source: SmartMLS #24112070
Listing Facts
TypeMulti-family
NeighborhoodBoston Ave - Mill Hill
Bathrooms5
Days on Prevu52
Taxes$6,071/year
Size1,848 sqft
Price per sqft$298
Location
Mortgage Calculator
Listing History
07/16/2025
Listed by Top Tier Realty Group, LLC
$550,000
Property Details for 33 Granfield Avenue
Exterior
Construction
New Construction: No/Resale
Number Of Units Total: 5
Roof: Asphalt Shingle
Year Built: 1887
Year Built Details: Public Records
Architectural Style: Units on different Floors
Construction Materials: Masonry
Features
Waterfront Features: Beach Rights
Measurements
Lot Features: Level Lot
Lot Size Acres: 0.08
Financial
Taxes
Parcel Number: 27875
Tax Annual Amount: $6,071.00
Tax Year: 25
Interior
Measurements
Living Area: 1,848
Rooms
Basement: Full, Unfinished
Bathrooms Full: 5
Bathrooms Total Integer: 5
Rooms Total: 15
Schools
Elementary School
Elementary School: Per Board Of Ed
High School
High School: Per Board Of Ed
Utilities
Equipment
Heating: Hot Air
Water Source: Public Water Connected
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