1621 Stratford Avenue Under Contract Save Request In-Person Tour Request Virtual Tour
Stratford,CT 06615
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 4,938 sqft
Price per Sqft $141
MLS Listing ID 24044944
Style Units on different Floors,Units are Side-by-Side
Bedrooms 10
Full Baths 4
Year Built 1950
Annual Tax Amount $8,659
Lot Size 6,098 Sqft
Property Description
Nestled in Connecticut's desirable Stratford community, this ten bedroom property offers prime investment opportunity. The current owner has invested sweat equity into the home ensuring the next owner will have nothing to do but enjoy the benefits. Featuring a legal four family setup, the 4 distinct rental incomes combined generate a desirable positive cash flow. Each unit, within the residence, is generously sized with a convenient laundry hookup on premises. The roof has been recently updated and is in excellent condition and some units have updated vinyl plank flooring both which minimize future maintenance concerns. Whether you're a seasoned investor seeking consistent rental income or an owner-occupier looking to live mortgage-free while enjoying the rental income, this property is an exceptional choice. Fully occupied with reliable tenants, It offers both versatility and comfort, making it a standout in the market.
Location
State CT
County Fairfield
Zoning E-14
Rooms
Basement Full,Unfinished,Shared Basement,Concrete Floor
Interior
Heating Hot Water
Cooling Window Unit
Exterior
Garage None,Off Street Parking
Waterfront Description Not Applicable
Roof Type Flat
Building
Lot Description Corner Lot
Foundation Masonry
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed