32 Josephine Evaristo Ave - Apartments FOR SALE


Greenwich, CT 06830- Downtown Greenwich
$995,000 USD
203-940-2666
32 Josephine Evaristo Ave, Greenwich, CT for Sale
$995,000 USD
Apartments - FOR SALE
1/7
null | 5.94% Cap Rate

32 Josephine Evaristo Ave
Greenwich, CT 06830
Downtown Greenwich


OVERVIEW

Unique two-family opportunity offering immediate income and future redevelopment potential. The existing up/down two-family features 4 bedrooms, 2 baths and approximately 1,909 SF, plus basement and garage. Ideal for an investor, owner-occupant and or developer. The upper unit is currently rented at $3,000/month on a month-to-month basis, while the first-floor unit was previously rented for $2,650/month, offering potential gross annual income of $67,800. Situated on approximately .12 acres in the R-6 zone with public water and sewer. Potential redevelopment opportunity for a new side-by-side two-family residence, subject to zoning, Town approvals and buyer due diligence. An opportunity to generate income today while exploring the property's longer-term potential.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$521 USD /SF

# OF UNITS

2

PRICE/UNIT

$497,500

CAP RATE

5.94%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1906

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R6

APN/PARCEL ID

GREE-000003-000000-001639-S000000

ASK ABOUT THIS PROPERTY

Mike ParelliMike Parelli Real Estate LLCMore Info
203-940-2666

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Mike ParelliMike Parelli Real Estate LLCMore Info
203-940-2666

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