Under Contract - Continue...
19-21 Perry Street
Stamford CT, 06902
$2,199,000
$333.23 per sqft
Under Contract - Continue...
13 Beds
6 Baths
6,599 sqft
Multi-family
Built in 1930
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.
170574431
MLSⓇ ID
June 2, 2023
Listed
May 9, 2024
Updated
Map
19-21 Perry Street
Stamford CT, 06902
Interior Features
Bedrooms
13
Total Bathrooms
6
Full Bathrooms
6
Appliances
Gas Water Heater
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Window Unit(s)
Heating
Yes
Heating Description
Electric, Natural Gas, Baseboard, Hot Water
Exterior/Building Features
Lot Size
0.31 Acres
Lot Features
Level
Architectual Style
Units on different Floors, Units are Side-by-Side
Roof
Asphalt
Sewer
Public Sewer
School Information
High School
Westhill
Elementary School
Stillmeadow
Other Property Details
Area Name
West Side
Taxes
$20,350
Tax Frequency
Annually
Days on Market
270
Garage
Yes
Garage Spaces
2
Parking
Asphalt, Paved, Shared Driveway, Off Street
Parking Total
2
View
No
County
Fairfield
Water Source
Public
Pool
No
Waterfront
Yes
Zoning
RMF
Listing History
Date | Event | Price |
---|---|---|
2/21/2024 | Under Contract | — |
2/7/2024 | Active | — |
2/1/2024 | Active | — |
Listed by Tracy L. Giovanoni with Pinnacle R.E.& Management Srvc
Listing Contact: 2038428284
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Data last updated on 5/9/2024 at 7:09 AM UTC