Golf Course
Address
19-21 Perry Street, Stamford, CT
Price
$ 2,199,000
Property Attributes
  • MLS#170574431
  • TypeMulti-Family
  • CountyFAIRFIELD
  • CityStamford
  • Zip06902
  • StyleUnits on different Floors,Units are Side-by-Side
  • Price$ 2,199,000
  • Bedrooms13
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage6599
  • Lot Size0.31 Acres
Data Source:
Smart MLS
Property Description

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.

Elementary School Middle School High School
Stillmeadow Elementary School Cloonan Middle School Westhill High School
Price History
6/2/2023 Listed $2,199,000

General Features

Exterior Features Gutters,Porch,Porch-Enclosed
Zoning RMF
Full Baths 6
Year Built 1930
Neighborhood West Side
Subdivision N/A
Style Units on different Floors,Units are Side-by-Side
Heater Type Baseboard,Hot Water
County Fairfield
Property SubType 5 Family+
Tax Year July 2020-June 2021
Net Operating Income 147615
Property Type Multi-Family For Sale
Status Under Contract - Continue to Show
Acres 0.31
Directions From I-95 S,exit 9 to E Main/Tresser. Left on Greenwich Ave/ W. Main. Right on Richmond Hill. Left on Fairfield,Left on Perry. From I-95 N,exit 6 to Baxter,Left on Fairfield,Right on Perry. From N St
High School Westhill
City Stamford
Street Name Perry
Elementary School Stillmeadow
Sq Ft Total 6599
DOM 271
Year Built Source Public Records

Interior Features

Cooling System Ceiling Fans,Window Unit
Basement Description Full,Full With Walk-Out,Fully Finished,Heated,Walk-out
Total Rooms 31
Hot Water 40 Gallon Tank,Natural Gas
Total Bathrooms 6
Total Bedrooms 13
Total Number of Units 7

Exterior Features

Water Source Public Water Connected
Garage Parking Detached Garage,Driveway,Off Street Parking
Lot Description Level Lot
Color Blue
WaterfrontDescription Beach Rights

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 06902

Price
AVG $1.51M
$2.2M
Visits
AVG 74
322
Data Provided by Inside Real Estate®
Year Built
AVG 1915
1930
Walkscore
AVG 80
80
Data Provided by Walkscore® not using MLS data

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