39 Ann and 125 Richmond Multi-Family FOR SALE


$1,500,000 USD
203-461-0099
, Stamford, CT for Sale
$1,500,000 USD
Multi-Family - FOR SALE
1/2
null | 8.12% Cap Rate

39 Ann and 125 Richmond
Stamford, CT
Newfield-Westover-Turn of River


HIGHLIGHTS

  • Two duplexes immediately adjacent to each other
  • Fully occupied by stable long term tenants
  • Well kept exteriors
  • Shared surface parking lot

OVERVIEW

39 Ann Street and 125 Richmond Hill Avenue in Stamford are two townhouse-style duplex residential buildings with a basement. Both have well kept exteriors and share a surface lot with abundant parking. The interiors of both duplexes are somewhat dated because the tenants haven't moved in 10 years. The current rents are very low as the owners' employees and a cousin reside there. Pro forma's show current rents and market rents. The ask for both properties is $1,500,000 or $750,000 if sold seprately. They are adjacent to each other. The Cap Rate for 39 Ann is 4.99% and the Cap Rate for 125 Richmond Hill is 3.12%.

ASK ABOUT THIS PROPERTY

Ronald CzebiniakAegis Realty GroupMore Info
203-461-0099

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Ronald CzebiniakAegis Realty GroupMore Info
203-461-0099

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