Rare opportunity for investors and developers in downtown Stamford.


Property

Website:https://www.nestseekers.com/5673092
Address:
12 Chestnut
Stamford, CT 06902
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 6 BR
Bathrooms: 2
Area: 2204 sq ft

Financials

Price:$555,000
Annual Taxes:$7,844

Description

Rare opportunity for investors and developers in downtown Stamford. This legally established two-family residence (Land Use Code 104: 2-Family Residence) sits on a 3,500 sq. ft. lot zoned R5, offering a solid income-producing or value-add foundation. The property offers 2,204 sq. ft. of living area (3,236 sq. ft. gross) across two stories, with 6 bedrooms, 2 full bathrooms, and 12 total rooms split between two units. Combination-fuel hot water baseboard heat, per town assessor records. The home is being offered as-is, an excellent candidate for renovation, repositioning as a two-unit rental, or redevelopment. Motivated seller.

Amenities

  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Patricia Rattray of William Pitt Sotheby's Int'l