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2178 Barnum Ave

Stratford CT 06615

1
3905 sq. ft.
0.14 ac.
Multi-Family
Currently for sale - view listing

Overview

7 unit Investment Opportunity at an 8%+ CAP. Value Add Opportunity, Rent Upside Potential, Separate, Tenant Paid Utilities, and ATTRACTIVE OWNER FINANCING UP TO 85% LTV all makes this an excellent opportunity for both investors or owner occupants! 2 Adjacent Parcels on a corner lot totaling .31 acres. 2190 Barnum Ave is comprised of 2 single family homes, each with 3 beds, 1 bath, washer and dryer, and a covered front porch. One home was totally renovated 5 years ago, the other is in need of renovation. The second parcel, 2178 Barnum Ave, is on a corner lot and consists of (3) 2 bedrooms, (1) 1 Bedroom and (1) Studio. The studio and 1 bedroom unit have newer windows, boilers and appliances. The (3) 2 bedrooms each have washer and dryer hookups, vinyl replacement windows, and secure storage area for each unit in the basement. There is ample off street parking for the corner lot with a 1-car detached garage currently being used as storage by the owner.

Features

1 carspace
1 garage space
3905 sq. ft. floor area
0.14 ac. lot size
Multi-Family

Happy sellers in Stratford

90%
90% of sellers in Stratford reported that their sale price either exceeded or met their price expectations.

Stratford stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Stratford over the last 12 months.

Local market activity for multi families in Stratford

In the last 12 months, 1 multi family similar to 2178 Barnum Ave, have been sold.

This represents a 50% increase in multi families sales when compared to the previous 12 months.

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