Updated Duplex in
124 Pine Hill Avenue Stamford, CT 06906
124 Pine Hill Avenue, Stamford, CT, 06906
$1,125,000
For Sale
$1,125,000
MULTI_FAMILY - Stamford, CT
Property Size3,034 SF
Lot Size0.14 Acres
Price / SF$370.80
Days on Market85
Property Features for 124 Pine Hill Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 4, Basement, Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2
- Parking
- 4
- Basement
- Full
- Standard status
- Active
- Size
- 3,034 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 11601
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1952
- Architectural style
- Other
Listing agency
Keller Williams Prestige Prop.
(203) 327-6700
Listed by
Aaron Ramkalawan
(917) 207-4306
Added: Apr 29 Updated: Jul 21 at 10:28PM Checked: Jul 22 at 10:06AM
MLS# 24171182
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained and updated two-family property is located in the Glenbrook neighborhood of Stamford. The side-by-side duplex features two spacious units, each with three bedrooms and one and a half bathrooms. The functional and modern layout is suitable for both owner-occupants and investors. Each unit includes a bright living room that flows into an open-concept dining area and kitchen. The kitchens feature white shaker cabinetry, stainless steel appliances, and granite countertops. Hardwood floors are present throughout both units, which also have central air and gas heating. Each of the three bedrooms per unit offers ample closet space. The property has a clean, well-kept facade with separate entrances for each unit, a large level front lawn, and an expansive backyard suitable for outdoor activities, entertaining, or potential future enhancements. Ample off-street parking is available with a wide driveway and additional rear parking area. The property is located within walking distance of the Glenbrook Metro-North train station and minutes from downtown Stamford, Stamford Hospital, major highways, shopping, and dining. The property size is 3034 square feet and the lot size is 0.14 acres. The property is zoned R6. This is a turnkey opportunity in a prime location with strong rental and long-term upside potential.
Key Highlights
- Well‑maintained, thoughtfully updated side‑by‑side 2‑family in Stamford’s Glenbrook neighborhood (built 1952).
- Two spacious 3BR/1.5BA units with open‑concept living, dining, and kitchen layouts.
- Kitchens feature white shaker cabinetry, stainless steel appliances, and granite countertops; hardwood floors throughout.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.2k | $29.40 |
| − Vacancy | −$5.8k | −$1.91 |
| EGI | $83.4k | $27.49 |
| − OpEx | −$25.0k | −$8.25 |
| NOI | $58.4k | $19.24 |
3,034 SF · lease $29.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$834.0K
$729.8K – $973.0K
NOI $58,381 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$745.9K
$652.7K – $870.3K
NOI $52,216 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$1.10M
$959.9K – $1.28M
NOI $76,791 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained 2-family property near Glenbrook train station.
Where is this duplex located?
The property is located at 124 Pine Hill Avenue Stamford, CT.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Well‑maintained, thoughtfully updated side‑by‑side 2‑family in Stamford’s Glenbrook neighborhood (built 1952).; Two spacious 3BR/1.5BA units with open‑concept living, dining, and kitchen layouts.; Kitchens feature white shaker cabinetry, stainless steel appliances, and granite countertops; hardwood floors throughout.
