For Sale

Listed by Michael Heering and Derek Heering

Source: SmartMLS Connecticut #170472422

4/5 Peveril Rd, Stamford, CT, 06902

$1,150,000

6
6
0.32 ac.

MultiFam

30+ days on the market

What's around 4/5 Peveril Rd

About this property

Huge Investment opportunity! Perfect for owner-occupied investors or small business owners who are looking for more yard and driveway storage space. See attached rendering for parking space layout and a potential 4-car garage location. This 4 family investment property has amazing curb appeal and is located just off of the east main street in downtown Stamford. Corner lot with plenty of backyard space for all tenants! 3 Units have private decks and 1 unit has a private yard. All units have access to the backyard. A large private parking lot can fit 10+ vehicles. Property is currently set up with individual deeds for each unit. This is a huge advantage! Unit 1 is vacant (1bed/1Bath Private fenced yard). The building has two 1 bed, 1 bath units, and two 2 bed, 1.5 bath units featuring hardwood floors, spacious living rooms, and kitchens. All units were updated about 5 years ago and each unit has access to their own washer/dryer and storage in the basement. Two-bedroom units have a split design with one bedroom being on the 3rd floor. Rents have NOT been increased in many years! Leases are monthly or soon to expire and units should be priced much higher for the current market! Taxes shown are for 1 unit, total taxes for all 4 units can be provided. Property has LOTS of potential for a high cap rate and is currently set up with the ability to individually sell each unit in the future if desired! Finances and more information can be provided upon request to the listing agent.

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