Stamford Multifamily Investment
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 Market73
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
(203) 984-7907
Listed by
Chris Sinatra · License #RES.0803010
(203) 984-7907
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
NOI $72,524 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$926.7K
$810.8K – $1.08M
NOI $64,866 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
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
Similar For Sale Nearby
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.