Triplex Investment
34 Raymond Street Stamford, CT 06902
For Sale
$985,000
For-sale triplex in Stamford, offering a residential income structure for multi-unit ownership.
Property Size3,044 SF
Price / SF$323.59
Days on Market42
Property Features for 34 Raymond Street
General Information
- Standard status
- Active
- Size
- 3,044 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1958
Listing Agency:
William Pitt Sotheby's Int'l
(203) 981-4550
Listed By:
Wende Foreman
(203) 981-4550
Source:
Lockandkeyre
Added: Jun 12
Changed: Jul 10
Last Checked: Jul 23 at 9:43AM
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 Pitt Sotheby's Int'l
Investment Insights
Based on property information with market context.
This property is a residential income opportunity presented as a triplex, fitting the needs of buyers seeking a small, multi-unit multifamily asset. As a multi-family property, it provides an ownership structure built around multiple residential units within one investment property.
The triplex is located at 34 Raymond Street in Stamford, Connecticut. It is offered for sale, with the listing positioned as a multi-family investment opportunity for prospective buyers.
For an investor or owner-operator evaluating smaller multifamily holdings, a triplex can provide a straightforward platform for managing multiple households under one property umbrella. This offering may be suitable for buyers looking to add a residential income asset in Stamford to their portfolio, or for those exploring their first multi-unit acquisition. Prospective buyers should confirm unit configuration, current occupancy, and income/expense details directly as part of their due diligence.
The triplex is located at 34 Raymond Street in Stamford, Connecticut. It is offered for sale, with the listing positioned as a multi-family investment opportunity for prospective buyers.
For an investor or owner-operator evaluating smaller multifamily holdings, a triplex can provide a straightforward platform for managing multiple households under one property umbrella. This offering may be suitable for buyers looking to add a residential income asset in Stamford to their portfolio, or for those exploring their first multi-unit acquisition. Prospective buyers should confirm unit configuration, current occupancy, and income/expense details directly as part of their due diligence.
Key Highlights
- Triplex for sale in Stamford with residential income structure
- Built in 1958
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 | $89.5k | $29.40 |
| − Vacancy | −$5.8k | −$1.91 |
| EGI | $83.7k | $27.49 |
| − OpEx | −$25.1k | −$8.25 |
| NOI | $58.6k | $19.24 |
3,044 SF · lease $29.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$836.8K
$732.2K – $976.2K
NOI $58,574 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$748.4K
$654.9K – $873.2K
NOI $52,389 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$1.10M
$963.1K – $1.28M
NOI $77,044 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - For-sale triplex in Stamford, offering a residential income structure for multi-unit ownership.
Where is this triplex located?
The property is located at 34 Raymond Street Stamford, CT.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Triplex for sale in Stamford with residential income structure; Built in 1958
