Mixed-Use Four-Unit Corner
1845 Summer Street Stamford, CT 06905
MULTI_FAMILY - Stamford, CT
Property size:
3,924 SFLot size:
0.10 AcresPrice / SF:
$347/SF- Added:
- Dec 13, 2025
- Days on Market:
- 209
- Last Refresh:
- Jul 10 at 6:06 am
Property Features for 1845 Summer Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- CL
- Bedrooms
- 9
- Bathrooms
- 5
- Rooms
- Bedroom 4, Bathroom 2, Basement, Bedroom 2, Bathroom 1, Bedroom 8, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 1, Bathroom 4, Bedroom 3, Bedroom 9, Bathroom 5, Bedroom 7
- Basement
- Unfinished, Full
- Standard status
- Active
- Size
- 3,924 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 10239
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1910
- Architectural style
- Other
Listing agent Monica Osorio License #RES.0788735 (203) 943-8831
Listing office Realty ONE Group Connect 123 Water Street, Unit 3, Monroe, CT (203) 590-1111
Listing date Dec 13, 2025
MLS# 24126987
Listing URL
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 corner-lot building at 1845 Summer Street contains four total units: three residential units and one unit currently configured and used as office space. The property is arranged to support mixed-use occupancy, giving an investor or operator a combination of residential income-producing units and an office component under the same roof. A major capital item has been addressed, with the roof replaced this year.
The building’s location on Summer Street and its corner position provide direct street exposure and convenient access for both residential and office users. With a manageable lot size and zoning identified as CL, the site is designed to accommodate a multi-unit, mixed-use setup while keeping ownership and upkeep straightforward.
For tenants and buyers evaluating a building that already includes office space alongside residential units, this configuration can support flexible leasing and potential re-tenanting strategies over time. The recently completed roof work reduces near-term building risk, while the existing office layout provides an immediately usable space should you prefer to keep the current mixed-use arrangement.
The building’s location on Summer Street and its corner position provide direct street exposure and convenient access for both residential and office users. With a manageable lot size and zoning identified as CL, the site is designed to accommodate a multi-unit, mixed-use setup while keeping ownership and upkeep straightforward.
For tenants and buyers evaluating a building that already includes office space alongside residential units, this configuration can support flexible leasing and potential re-tenanting strategies over time. The recently completed roof work reduces near-term building risk, while the existing office layout provides an immediately usable space should you prefer to keep the current mixed-use arrangement.
Key Highlights
- Corner‑lot building at 1845 Summer Street with 4 total units: 3 residential/income‑producing units plus 1 unit used as office space
- Roof replaced this year, completing a major capital improvement and reducing near‑term operating risk
- Public water and public sewer connected
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 | $115.4k | $29.40 |
| − Vacancy | −$7.5k | −$1.91 |
| EGI | $107.9k | $27.49 |
| − OpEx | −$32.4k | −$8.25 |
| NOI | $75.5k | $19.24 |
3,924 SF · lease $29.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$943.8K – $1.26M
NOI $75,507 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$964.8K
$844.2K – $1.13M
NOI $67,534 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M
NOI $99,317 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Par Enterprises Inc
Insurance Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Four-unit property with three residential units and one office space, benefiting from a recently replaced roof.
Where is this office units located?
The property is located at 1845 Summer Street Stamford, CT.
What is the asking price?
The asking price for this property is $1,365,000.
What are key features of this property?
This property features: Corner‑lot building at 1845 Summer Street with 4 total units: 3 residential/income‑producing units plus 1 unit used as office space; Roof replaced this year, completing a major capital improvement and reducing near‑term operating risk; Public water and public sewer connected
