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.
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 Stamford. Washington Blvd S, to Richmond Hill...
This real estate listing for sale at 19-21 Perry has 13 bedrooms, 6 bathrooms, and was built in 1930. It is located in the Stamford, CT area with the 06902 zip code. For more info about the property at 19-21 Perry, Stamford, CT 06902 or if you would like to schedule a showing, please contact the listing agent above.
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Mortgage: $11,965
Taxes: $1,696
Insurance: $0
HOA: $0
Utilities: $0
Downpayment: $439,800
