This legal 5-family dwelling is a prime investment opportunity located on the West Side of Stamford, CT. Situated within close proximity to parks, Stamford Hospital, I-95, and a variety of shopping and dining options, this property offers a convenient and desirable location for tenants. Currently, all units are rented at significantly below-market rates, presenting an excellent opportunity for increased cash flow. Additionally, all tenants are on month-to-month leases, providing flexibility for adjustments to rental terms or occupancy. The property features five well-maintained units with functional layouts, ideal for long-term tenants or potential upgrades to maximize income. With off-street parking and easy access to major transportation routes, this property appeals to both tenants and investors alike. This versatile investment opportunity is perfect for those seeking to expand their portfolio or take advantage of Stamford's robust rental market.
MLS# | 24070182 |
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Listing Type | For Sale |
Style | Town House |
Status | Active |
Year | 1920 |
Days On Site | 19 |
Listing Provided By | Compass Connecticut, LLC | Joseph Pasquino |
Bed(s) | 9 |
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Bath(s) | 6 Total |
SQ Feet | 4,746 |
Basement | Y |
Units | 5 |
Zoning | RMF |
Acreage | 0.20 |
Water Front | Yes |
State | CT |
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County | Fairfield |
City | Stamford |
Zip Code | 06902 |
Area | Fairfield |
School District | Per Board of Ed |
Elementary School | Per Board of Ed |
Middle School | Per Board of Ed |
High School | Per Board of Ed |
Listing VS Median (in 06902) | |
Price: $1,350,000 low | high Med: $20,000 SqFt: 4,746 low | high Med: 4,178 $ / SqFt: $284 low | high Med: $5 On Site: 19 low | high Med: 28.000000 |