Renovated Three-Unit
For Sale
$1,150,000
15 Hillhurst, Stamford, CT 06902
Fully occupied multifamily property with updated building systems and convenient access to Stamford Hospital, downtown, transit, and nearby amenities.
Property Size1,962 SF
Price / SF$544.51
Days on Market51
Property Features for 15 Hillhurst
General Information
Standard status
Active
Size
1,962 SF
Property subtype
3 Family
Occupancy
100%
Lease Term
Listing ID: 24203789, Standard Status: Active, MLS Status: Active, Property Subtype: 3 Family, 48 days on market
Units
Unit Mix
1 x 2BR, 2 x 3BR
Multifamily Units
3
Additional Details
Public Transit
Yes
Building Details
Building Size
1,962 SF
Year Built
1962
Year Renovated
2010
Buildings
1
Listing Agency:
Guy Bocicaut Real Estate
(203) 855-8200
Listed By:
Guy Bocicaut · License #REB.0757548
(203) 219-2908
Source:
Iverty
Added: Sep 2
Changed: Oct 21
Last Checked: Oct 20 at 9:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Guy Bocicaut Real Estate
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Investment Insights
Based on property information with market context.
This three-unit residential income property was built in 1962 and comprehensively rebuilt in 2010, including replacement plumbing and electrical systems. The unit mix includes one two-bedroom apartment and two three-bedroom apartments. All units are occupied, providing an established rental profile for an investor or owner-occupant.
The property is located at 15 Hillhurst Street in Stamford’s Stillwater neighborhood, directly behind the Stamford Hospital parking area. Stamford Hospital, downtown, UConn Stamford, restaurants, shopping, and public transportation are within walking distance. Walk Score is 96, Transit Score is 73, and Bike Score is 75.
The property is located at 15 Hillhurst Street in Stamford’s Stillwater neighborhood, directly behind the Stamford Hospital parking area. Stamford Hospital, downtown, UConn Stamford, restaurants, shopping, and public transportation are within walking distance. Walk Score is 96, Transit Score is 73, and Bike Score is 75.
Key Highlights
- Three‑unit property with one 2‑bedroom and two 3‑bedroom apartments
- All three units are currently occupied
- Interior gutted and rebuilt in 2010
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,640
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,800
$812.8K
Cap Rate 7%
$580,571
$580.6K
Cap Rate 9%
$451,556
$451.6K
Market Conditions
NOI Build-Up for 2,112 SF
Gross rent
$62.1K $29.40/SF
− Vacancy
−$4.0K −$1.91/SF
EGI
$58.1K $27.49/SF
− OpEx
−$17.4K −$8.25/SF
NOI
$40.6K $19.24/SF
Area
Stamford, CT
Vacancy
6.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,800
Cap Rate 7%
$580,571
Cap Rate 9%
$451,556
Alternative Uses
Best Use
Multifamily LT 5
$580.6K
$508.0K – $677.3K
NOI $40,640 @ 7.0% cap · market cap 3.53%
Second Best
Apartment 5plus
$519.3K
$454.4K – $605.8K
NOI $36,348 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$763.6K
$668.2K – $890.9K
NOI $53,455 @ 7.0% cap · market cap 4.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,761
Businesses Nearby
Explore this area
Business Placement
Demographics for 06902, CT
69,192
Population
30,142
Households
2.3
Avg Household Size
36
Median Age
44%
College-Educated
85%
High-School Grad
10.0 sq mi
ZIP Area
6,919
Density / Sq Mi
$92,527
Median Household Income
$48,285
Median Earnings
$2,139
Median Rent
$515,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied multifamily property with updated building systems and convenient access to Stamford Hospital, downtown, transit, and nearby amenities.
Where is this triplex located?
The property is located at 15 Hillhurst Stamford, CT.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Three‑unit property with one 2‑bedroom and two 3‑bedroom apartments; All three units are currently occupied; Interior gutted and rebuilt in 2010
