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Stamford,CT 09605
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 2,125 sqft
Price per Sqft $611
MLS Listing ID 24077913
Style Mid Rise
Bedrooms 4
Full Baths 3
HOA Fees $1,452/mo
Year Built 1961
Annual Tax Amount $9,789
Property Sub-Type Condominium
Property Description
**Investment Opportunity: Portfolio of 3 Condos in Prime Downtown Stamford - Offered as a Single Package** **Listing Price:** $1,300,000 **Monthly Rent Roll:** $7,675 **Total Units:** 3 (All 2-Bedroom, 1-Bath) **Total Living Space:** Approx. 2,125 Sq Ft **Monthly Maintenance Fees:** $1,452 **Annual Property Taxes:** $9,789 **Lease Terms:** * 1 Unit: Long-Term Lease * 2 Units: Annual Leases **Property Overview:** An attractive investment package consisting of three income-producing condos, being sold as a single entity (not available individually). Located in the heart of **Downtown Stamford**, this offering provides immediate cash flow, diversification of lease terms, and long-term growth potential in one of Connecticut's most dynamic urban centers. **Prime Location:** Situated in Downtown Stamford, the property is surrounded by top-tier amenities including shopping, dining, and entertainment. With convenient access to major transit routes and a direct train line to New York City, this area is a hotbed for both residential demand and long-term appreciation. **Investment Highlights:** **Stable Income Stream:** $7,675/month in rental income across three units. With two annual leases and one long-term tenant in place, the current rent roll offers consistent cash flow with a balanced lease structure.
Location
State CT
County Fairfield
Zoning MZN
Rooms
Basement Full,Shared Basement
Interior
Heating Radiator
Cooling Wall Unit
Exterior
Exterior Feature Balcony
Parking Features None,Unassigned Parking
Waterfront Description Not Applicable
Building
Lot Description City Views
Sewer Public Sewer Connected
Water Public Water Connected
Level or Stories 1
Schools
Elementary Schools Davenport Ridge
Middle Schools Rippowam
High Schools Westhill
Others
Pets Allowed No