1874 Barnum Ave - Apartments FOR SALE


Stratford, CT 06614- Trumbull/Upper Stratford/Shelton
$2,050,000 USD
203-335-5117
1874 Barnum Ave, Stratford, CT for Sale
$2,050,000 USD
Apartments - FOR SALE
1/8
null | 7.2% Cap Rate


HIGHLIGHTS

  • Designer inspired apartment layouts that maximize space and functionality with brand new appliances and finishes
  • Low maintenance asset and extremely energy efficient featuring brand new windows
  • Excellent corner location on heavily trafficked retail corridor
  • Separately metered

OVERVIEW

Baldwin Pearson & Co, Inc. is excited to introduce 1874 Barnum Avenue Stratford, CT to the market. This property is a fully renovated, turn-key mixed-use property located on a highly visible and heavily trafficked corner — ideal for all investors. This impressive asset features 6 modern residential apartments above a ground-floor retail space, offering stable rental income and strong upside potential. The retail unit enjoys excellent street exposure and is perfect for a variety of tenant types. With updated systems, contemporary finishes, and immediate cash flow, this property is a rare find in a high-demand area.

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$263 USD /SF

# OF UNITS

6

PRICE/UNIT

$341,667

CAP RATE

7.2%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

CA

APN/PARCEL ID

STRA-000309-000005-000007

ASK ABOUT THIS PROPERTY

Robert ShawahBaldwin Pearson & Company, Inc.More Info
203-335-5117

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Robert ShawahBaldwin Pearson & Company, Inc.More Info
203-335-5117

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.