$2,199,000 ($333.23 per sqft)
Under Contract - Continue to Show
Est. Mortgage $11,852/mo *
19-21 Perry Street, Stamford, (West Side), CT, 06902
31 rooms
13 beds
6 Full baths
1930
Units on different Floors, Units are Side-by-Side
6,599 sqft
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. Act fast & schedule your private showing today! See supplements for information specific to each house. Back on market after buyer failed to perform.
Status:
Under Contract - Continue to Show
Town:
Stamford
Type:
Multi-family
Laundry Remarks:
Washer/Dryer Some Units
Units:
7
Zoning:
RMF
Subdivision:
N/A
Garage:
2-car Detached Garage, Driveway, Off Street Parking
Heating:
Baseboard, Hot Water
Cooling:
Ceiling Fans, Window Unit
Basement:
Full, Full With Walk-Out, Fully Finished, Heated, Walk-out
Acreage:
0.31
Est. Taxes:
$20,350
Assessment
$748,990
Lot Description:
Level Lot
Elementary School:
Stillmeadow
Middle School:
Cloonan
High School:
Westhill
Days on Market:
328
MLS #:
170574431
Community Info
School Info
Walk Score
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Listing courtesy of Tracy Giovanoni, Pinnacle R.E.& Management Srvc Email: tracygpinnacle@gmail.com