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    Two-Family with In-Law Apartment Title is generated by Realmo AI

    251 Seaside Avenue, Stamford, CT 06902

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    For Sale
    $999,000

    Oversized two-family plus in-law setup with direct basement access, multiple bedrooms, and ample parking.

    Type:2 Family
    Property size:
    4,376 SF
    Price / SF:
    $228/SF
    Added:
    Jun 26, 2026
    Days on Market:
    11
    Last Refresh:
    Jul 1 at 3:26 am

    Property Features for 251 Seaside Avenue

    General Information

    Standard status
    Active
    Size
    4,376 SF
    Property subtype
    2 Family

    Building Details

    Year Built
    1953

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    Nick Jaku
    Nick Jaku

    Listing office William Raveis Real Estate

    Listing date Jun 26, 2026

    Source Lockandkeyre

    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 William Raveis Real Estate

    HighLights

    • Oversized 4,376 SF 2‑family plus in‑law apartment in a Cove location (Year built: 1953).
    • Unit #1: original cape style with large country kitchen, dining room, living room, main floor primary bedroom and bath, plus 2 bedrooms and bath on the 2nd floor.
    • Unit #1 includes direct basement access and laundry access.
    • Unit #2: 2‑room studio in‑law apartment.
    • Unit #3: oversized contemporary 3‑bedroom, 2.5‑bath townhouse set back from the road, with private deck and corner fireplace.
    • Ample parking and a new privacy fence.

    Overview

    This oversized two-family plus in-law apartment offers three distinct living areas within one property totaling 4,376 square feet. Front Unit #1 is an original cape-style home with a large country kitchen, dining room, living room, a main-floor primary bedroom and bath, and two bedrooms with a second-floor bath. It also has direct access to the basement and includes laundry within the unit.

    Middle Unit #2 is a two-room studio in-law apartment. Rear Unit #3 is an oversized contemporary-style 3-bedroom, 2.5-bath townhouse set back from the road, entered through a two-story foyer. Unit #3 includes a country kitchen with breakfast bar, an adjacent dining area, a step-down family room with a corner fireplace, Mexican tile flooring, a skylight, and a private deck. Additional features in this unit include a living room with a bow window, a powder room, a laundry room, and central air.

    The second floor of Unit #3 includes a primary bedroom suite with a walk-in closet and bath with a Jacuzzi, plus two additional bedrooms and a hall bath. The property provides ample parking and a new privacy fence. It is described as being within walking distance to Cove Island Park and the beach, marina, playground, and walking trails, with Chelsea Piers Sports and Entertainment Complex nearby and close access to I-95.

    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 $128.7k $29.40
    − Vacancy −$8.4k −$1.91
    EGI $120.3k $27.49
    − OpEx −$36.1k −$8.25
    NOI $84.2k $19.24
    4,376 SF · lease $29.40/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.20M
    $1.05M – $1.40M (±1% cap)
    NOI $84,204 @ 7.0% cap · market cap 8.43%
    Second Best
    Apartment 5plus
    $1.08M
    $941.4K – $1.26M (±1% cap)
    NOI $75,313 @ 7.0% cap · market cap 7.54%
    Theoretical Best
    Office A
    $1.58M
    $1.38M – $1.85M (±1% cap)
    NOI $110,757 @ 7.0% cap · market cap 11.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Skin Care Clinic Department Store Spa & Massage Center Pharmacy Bar & Pub Acupuncture Dental Office (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stamford
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.5094473
    Latitude
    41.0504338

    FAQs

    What type of property is this?
    Multifamily property - Oversized two-family plus in-law setup with direct basement access, multiple bedrooms, and ample parking.
    Where is this multifamily property located?
    The property is located at 251 Seaside Avenue Stamford, CT.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: Oversized 4,376 SF 2‑family plus in‑law apartment in a Cove location (Year built: 1953).; Unit #1: original cape style with large country kitchen, dining room, living room, main floor primary bedroom and bath, plus 2 bedrooms and bath on the 2nd floor.; Unit #1 includes direct basement access and laundry access.
    More about this property
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