Outstanding value add opportunity in Stamford !


Property

Website:https://www.nestseekers.com/5707026
Address:
604 Fairfield
Stamford, CT 06902
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 6 BR
Bathrooms: 2
Area: 2378 sq ft

Financials

Price:$999,000
Annual Taxes:$10,924

Description

Outstanding value-add opportunity in Stamford! This spacious two-family property offers approximately 2,378 SF of currently recorded living area, with each unit presently laid out with 3 bedrooms, a living room and a dining room, providing significantly more functional space than the original configuration. What truly sets this property apart is its renovation potential. The seller has renovation plans and a building permit supporting improvements to both the basement and third-floor/attic areas. The basement has an approximately 1,181 SF footprint, with the permitted scope including 1 bedroom, 1 full bath and wet bar as an extension of the first-floor unit. The permit also provides for connection of the attic to the second floor for storage. With 2,378 SF of existing recorded living area plus substantial additional basement and attic/storage space, this property presents tremendous upside for investors, owner-occupants or buyers looking to renovate and maximize a multi-family asset. Located in an established Stamford residential neighborhood with convenient access to shopping, restaurants, transportation, downtown Stamford and major commuting routes. A rare opportunity to acquire a two-family property with existing space, renovation plans, permits and significant value-add potential. Buyer to perform due diligence regarding plans, permits, approvals & allowable sqft.

Amenities

  • Elementary School - Roxbury
  • High School - Westhill
  • Intermediate School -
  • Window Unit

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Mei Ling Cheung of BHGRE Shore & Country