This legal 5-family dwelling is a prime investment opportunity located on the West Side of Stamford, CT. Situated within close proximity to parks, Stamford Hospital, I-95, and a variety of shopping and dining options, this property offers a convenient and desirable location for tenants. Currently, all units are rented at significantly below-market rates, presenting an excellent opportunity for increased cash flow. Additionally, all tenants are on month-to-month leases, providing flexibility for adjustments to rental terms or occupancy. The property features five well-maintained units with functional layouts, ideal for long-term tenants or potential upgrades to maximize income. With off-street parking and easy access to major transportation routes, this property appeals to both tenants and investors alike. This versatile investment opportunity is perfect for those seeking to expand their portfolio or take advantage of Stamford's robust rental market.
Sold for $1,100,000
Zillow last checked:
Listing updated:
Bought with:
Joseph M. Pasquino, REB.0790849
Compass Connecticut, LLC
Source: Smart MLS,MLS#: 24070182
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2025 | Sold | $1,100,000-18.5%$232/sqft |
Source:  Smart MLS #24070182 Report a problem | ||
| 3/8/2025 | Pending sale | $1,350,000$284/sqft |
Source: Smart MLS #24070182 Report a problem | ||
| 1/22/2025 | Listed for sale | $1,350,000$284/sqft |
Source: Smart MLS #24070182 Report a problem | ||
Sell for more on Zillow
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$1,191,600
2% more
+$23,832
With Zillow Showcase(estimated)
$1,215,432
