2336-2342 Barnum Ave - Apartments FOR SALE


Stratford, CT 06615- Trumbull/Upper Stratford/Shelton
$2,575,000 USD
203-335-5117
2336-2342 Barnum Ave, Stratford, CT for Sale
$2,575,000 USD
Apartments - FOR SALE
1/10
null | 7.45% Cap Rate

2336-2342 Barnum Ave
Stratford, CT 06615
Trumbull/Upper Stratford/Shelton


HIGHLIGHTS

  • Two fully renovated turn key properties
  • Well crafted unit layouts featuring brand new appliances and finishes
  • Newly signed 5 and 10 year retail leases on both ground floor retail units
  • Separately metered utilities

OVERVIEW

Baldwin Pearson & Co, Inc. is excited to introduce 2336 Barnum Avenue Stratford, CT to the market. This rare, multi building property features a fully renovated, corner mixed use property containing five apartments and two ground floor retail units and a rear two family house containing two three bedroom apartments. The unique opportunity features three income streams, with all spaces in both properties fully updated, and no deferred maintenance whatsoever. This property is located on a prime, high-traffic corner of Stratford and is perfect for investors seeking a low-maintenance, high-yield asset with built-in diversification.

FOR SALE DETAILS

PRICE

$2,575,000 USD

PRICE/SF

$515 USD /SF

# OF UNITS

-

CAP RATE

7.45%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

RM-1

APN/PARCEL ID

STRA-000209-000003-000024

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.