CT > Stamford
Stamford, CT 09605,700 Summer Street
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Akiba Watts

Akiba Watts

+1(475) 256-8828
$ 1,300,000
Est. payment | /mo

4 Beds

3 Baths

2,125 SqFt

Save
$ 1,300,000
Est. payment | /mo
Save

4 Beds

3 Baths

2,125 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 2,125 sqft

Price per Sqft $611

MLS Listing ID 24077913

Style Mid Rise

Bedrooms 4

Full Baths 3

HOA Fees $1,452/mo

Year Built 1961

Annual Tax Amount $9,789

Property Sub-Type Condominium

Property Description

**Investment Opportunity: Portfolio of 3 Condos in Prime Downtown Stamford - Offered as a Single Package** **Listing Price:** $1,300,000 **Monthly Rent Roll:** $7,675 **Total Units:** 3 (All 2-Bedroom, 1-Bath) **Total Living Space:** Approx. 2,125 Sq Ft **Monthly Maintenance Fees:** $1,452 **Annual Property Taxes:** $9,789 **Lease Terms:** * 1 Unit: Long-Term Lease * 2 Units: Annual Leases **Property Overview:** An attractive investment package consisting of three income-producing condos, being sold as a single entity (not available individually). Located in the heart of **Downtown Stamford**, this offering provides immediate cash flow, diversification of lease terms, and long-term growth potential in one of Connecticut's most dynamic urban centers. **Prime Location:** Situated in Downtown Stamford, the property is surrounded by top-tier amenities including shopping, dining, and entertainment. With convenient access to major transit routes and a direct train line to New York City, this area is a hotbed for both residential demand and long-term appreciation. **Investment Highlights:** **Stable Income Stream:** $7,675/month in rental income across three units. With two annual leases and one long-term tenant in place, the current rent roll offers consistent cash flow with a balanced lease structure.

Location

State CT

County Fairfield

Zoning MZN

Rooms

Basement Full, Shared Basement

Interior

Heating Radiator

Cooling Wall Unit

Exterior

Exterior Feature Balcony

Parking Features None, Unassigned Parking

Waterfront Description Not Applicable

Building

Lot Description City Views

Sewer Public Sewer Connected

Water Public Water Connected

Level or Stories 1

Schools

Elementary Schools Davenport Ridge

Middle Schools Rippowam

High Schools Westhill

Others

Pets Allowed No

Listed by Richard Esman • Douglas Elliman of Connecticut
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(475) 256-8828

soldbyakiba@gmail.com

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700 Summer Street