* Renovated 2-Family with Investor Upside in Prime Location * Welcome to 37-39 Granfield Avenue - a fully detached 2-family property offering long-term value and easy management. Each unit features a spacious studio or 1-bedroom/1-bath layout, ideal for consistent tenant demand in a strong rental market. Both units have been updated and are ready for immediate occupancy, allowing the next owner to secure tenants at current market rents. Recent improvements include two brand-new boilers (installed 04/2024) and a roof estimated at 8-9 years old. Tenants are responsible for their own electric and gas, keeping expenses low and predictable. A clean, income-producing asset with a projected cap rate of approximately 9.1% once stabilized - great opportunity for new or seasoned investors. This is being sold as a package with 33-35 Granfield & 43-45 Granfield or can be bought individually / Message me for a package price.
DAYS ON MARKET
|
1
|
LAST UPDATED
|
7/16/2025
|
YEAR BUILT
|
1930
|
COUNTY
|
Fairfield
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
Elementary School |
Per Board of Ed |
High School |
Per Board of Ed |
AIR |
None |
BASEMENT |
Full, Unfinished, Yes |
CONSTRUCTION |
Asbestos |
HEAT |
Forced Air, Natural Gas |
LOT |
3485 sq ft |
LOT DESCRIPTION |
Level |
PARKING |
None |
SEWER |
Public Sewer |
STYLE |
Units on different Floors |
TAXES |
4679 |
WATER |
Public |
WATERFRONT DESCRIPTION |
Beach Front |
ZONING |
RC |
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Listing courtesy of Top Tier Realty Group, LLC
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This IDX solution is (c) Diverse Solutions 2025.
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