Property

Ownership: Condo
Type: Condo
Bedrooms: 4 BR
Bathrooms: 3
Pets: Pets No
Area: 2125 sq ft

Financials

Price:$1,300,000
Annual Taxes:$5,929
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Richard Esman of Douglas Elliman of Connecticut

Description

**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.

Amenities

  • Balcony
  • Dishwasher
  • Elementary School - Davenport Ridge
  • Freezer
  • Gas Cooktop
  • High School - Westhill
  • Intermediate School - Per Board of Ed
  • Oven/Range
  • Refrigerator
  • Wall Unit

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 ...


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