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Stamford Multifamily Investment Opportunity

275 Long Ridge Road Stamford, CT 06905

275 Long Ridge Road, Stamford, CT, 06905
$999,997
For Sale
$999,997

Legal 4-family property with add-value potential in Bulls Head.

Property Size3,769 SF
Price / SF$265.32
Days on Market72

Property Features for 275 Long Ridge Road

General Information

Standard status
Active
Size
3,769 SF
Property subtype
Multi-Family / 4 Family

Building Details

Year Built
1925
Listing Agency Higgins Group Real Estate
Listed by Chris Sinatra · License #RES.0803010
Source Compass
Added: May 6 Checked: Jul 16 at 5:21 am

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 Higgins Group Real Estate


Investment Insights

Based on property information with market context.

Located in the Bulls Head section of Stamford, 275 Long Ridge Road is a legal 4-family property featuring separate structures. The property offers over 3,700 sq. ft. of living space and presents an investment opportunity with significant add-value potential. The front building contains two units. Unit A, on the first floor, is a 2-bedroom, 1-bath unit with an eat-in kitchen, living room, and a large 3-season porch, as well as access to basement laundry and a 1-car garage. Unit B, on the second floor, is a large 1-bedroom, 1-bath unit with an eat-in kitchen with pantry and living room. The rear building also contains two units. Unit C, on the left side, is a 1-bedroom, 1-bath unit with an eat-in kitchen and living room, plus access to a shed. Unit D, on the right side, is a 2-floor unit featuring 3-bedrooms and 2-baths with a large eat-in kitchen, living room, and a large enclosed porch. Paved parking is available for 15 cars. The property utilizes oil heat (with a 3-year-old furnace and hot water heater) and propane (for stoves). Electric, municipal water, and sewer are included in the rent and paid by the owner. Situated on a bus line, the property is within walking distance to Bulls Head and upper Summer Street shopping and restaurants, approximately 1.5 miles from the Merritt Parkway, and 2.5 miles from Stamford Metro Station and I-95.

Key Highlights

  • Legal 4‑family property in Stamford's Bulls Head section.
  • Tremendous "add‑value" potential as a fixer‑upper.
  • Over 3,700 sq. ft. of living space across separate structures.

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 $110.8k $29.40
− Vacancy −$7.2k −$1.91
EGI $103.6k $27.49
− OpEx −$31.1k −$8.25
NOI $72.5k $19.24
3,769 SF · lease $29.40/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.04M
$906.6K – $1.21M (±1% cap)
NOI $72,524 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$926.7K
$810.8K – $1.08M (±1% cap)
NOI $64,866 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,394 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office Parking Lot & Garage Auto Parts Store Pharmacy Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Computer & Electronic Repair Building Supply Veterinary Clinic Grocery & Convenience Store

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

FAQs

What type of property is this?
Quadplex - Legal 4-family property with add-value potential in Bulls Head.
Where is this quadplex located?
The property is located at 275 Long Ridge Road Stamford, CT.
What is the asking price?
The asking price for this property is $999,997.
What are key features of this property?
This property features: Legal 4‑family property in Stamford's Bulls Head section.; Tremendous "add‑value" potential as a fixer‑upper.; Over 3,700 sq. ft. of living space across separate structures.
Contact an agent
More about this property
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