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Price $1,300,000
Status Active
Beds 4
Baths 3 Baths
Home size 2,125 sqft
Lot Size n/a
Days on Market 120
**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:** $5,929 **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.
Property Type(s): Condo/Townhouse/Co-Op
Last Updated 3/14/2025 Year Built 1961
County Fairfield

SCHOOLS

Elementary School Davenport Ridge
Jr. High School Rippowam
High School Westhill

Additional Details

AIR Wall Unit(s)
AIR CONDITIONING Yes
AMENITIES Trash
APPLIANCES Dishwasher, Freezer, Gas Cooktop, Gas Water Heater, Oven, Range, Refrigerator
BASEMENT Full, Yes
CONSTRUCTION Brick
EXTERIOR Balcony
HEAT Hot Water, Natural Gas
HOA DUES 1452
LOT 0
PARKING Unassigned, None
SEWER Public Sewer
STORIES 1
STYLE Mid Rise
TAXES 5929
VIEW Yes
VIEW DESCRIPTION City
WATER Public
ZONING MZN
 

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Listing courtesy of Douglas Elliman of Connecticut
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