List Price

$2,199,000

Status

Show

Type

Multi-Family

Beds

13

Baths

6

Sq. Ft.

6,599

Built

1930

Acres

0.31

$ / Sq. Ft.

$333

FeeKeeper

67

Style

Units on different Floors, Units are Side-by-Side

Taxes

$20,350

Nearby Schools
Neighborhood
Tranquility
Market Insights
Property History

Back on Market! Exciting Investment Property with Strong Cashflow, perfect for astute investors with upside potential and value add opportunities! The portfolio of two side-by-side houses, available for the first time in almost 20 years, is comprised of 7 units plus a garage. The fully leased property boasts an exceptional track record of consistent, proven & predictable cashflow. Most tenants are on month-to-month leases, allowing flexibility for new ownership to implement value-add changes. Recently updated units have achieved market rents; remaining units have long term tenants and present opportunity for improvements/ higher rents. Both have newer siding & roof (2022), newer windows & hot water heaters (2021), many updated appliances. Location is ideal for renters, less than 1 mile from 95, downtown Stamford, hospital, train station & public transp. Plentiful off-street parking with 13 spaces on freshly sealed and striped driveway. Green space in front and back adds strong curb appeal. Annual gross income $201k, op ex $49k, NOI $148k, cap rate 7%. More info in supplements. 19 Perry St: 4 x 2BR/ 1BA units + finished walkout basement21 Perry St: 1 x 3BR/ 1BA unit, 1 x 2BR/ 1BA unit, 1 x 1BR/ 1BA unit + finished walkout basement Garage space. Portfolio is offered at $2,199,000. Don't miss your chance to own this remarkable investment property with tremendous potential.

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You Keep The Fee

Estimated rebate calculated using List Price and co-broker commission offered on the MLS. Realtor commission rebates are not available where prohibited by law. See full Terms and Conditions .

$43,980

$2,199,000 • 2.00%

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Questions

FeeKeeper is here to help, reach out with any questions you may have.

(860) 310-1255

Brokered By

Tracy L. Giovanoni, Pinnacle R.E.& Management Srvc

  • Last Checked 1 Minute
  • Last MLS Update 65 Days

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