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5-Unit Residential Income Property
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190 W Stafford Rd, Union, CT 06076

Five fully occupied units feature propane hot water, with separate tenant-paid utilities and off-street parking.

Property SizeContact for details
Days on Market123

Property Features for 190 W Stafford Rd

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Cap Rate 8.5%
Multifamily Units 5

Building Details

Tenancy Multi
Listing Agency: OXFORD REALTY
Listed By: Amanda Faroni-Sheehan · License #REB.0793328 CT
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 11:12PM

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 OXFORD REALTY

Investment Insights

Based on property information with market context.

This 5-unit residential income property includes one 3-bedroom unit, two 2-bedroom units, and two 1-bedroom units. All units are currently occupied by long-term tenants. The building is served by propane hot water for all units; propane heat is provided for four apartments and electric heat for one unit. Utilities are separate and tenant-paid.

The property is supported by well water and septic, and it notes no owner’s meter electric. Updates include windows that are approximately 12 years old and a roof approximately 10 years old. Two units were renovated within the last 2–3 years, and two additional units were renovated within the last 10 years.

Outside, the property offers a large rear yard with a storage shed and lots of off-street parking, supporting day-to-day tenant convenience in a more residential setting.

Key Highlights

  • 5‑unit investment property in Stafford with all units 100% occupied by long‑term tenants
  • Unit mix: one 3‑bed, two 2‑bed, and two 1‑bed apartments
  • Propane hot water for all units; propane heat for four units and electric heat for one unit

Property Analytics

Current Use

Coinstar Kiosk - Bitcoin ... Atm

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Building Supply Law Firm Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby

Demographics for 06076, CT

11,988
Population
5,216
Households
2.3
Avg Household Size
44
Median Age
27%
College-Educated
94%
High-School Grad
86.6 sq mi
ZIP Area
138
Density / Sq Mi
$96,944
Median Household Income
$52,204
Median Earnings
$1,122
Median Rent
$246,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five fully occupied units feature propane hot water, with separate tenant-paid utilities and off-street parking.
Where is this apartment building located?
The property is located at 190 W Stafford Rd Union, CT.
What are key features of this property?
This property features: 5‑unit investment property in Stafford with all units 100% occupied by long‑term tenants; Unit mix: one 3‑bed, two 2‑bed, and two 1‑bed apartments; Propane hot water for all units; propane heat for four units and electric heat for one unit
(203) 314-4219 Call to check price and availability
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