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39 Ann St Stamford, CT 06902

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For Sale
$1,500,000

Two properties with five units, value-add opportunity.

Property size:
1,888 SF
Lot size:
0.13 Acres

Property Features for 39 Ann St

General Information

Standard status
Active
Size
1,888 SF
Lot size
0.13 Acres

Building Details

Year built
1880

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Listing Contact
Jennifer Lynne
Jennifer Lynne
Source: Corcoran

Listing Agency: Coldwell Banker Realty Listing Agent: Jennifer Lynne

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Multifamily Package in Stamford, CT

Two properties are being sold together as a package. One property, located at 39 Ann Street, is a three-unit multifamily home. It features two units with two bedrooms and one bathroom each, and an additional one-bedroom, one-bathroom unit in the lower level. The interior needs some updating but is well-cared for. The property includes a detached two-car garage. The second property, located at 125 Richmond Hill, is an adjacent property with two units. One unit has three bedrooms and one bathroom, while the other has two bedrooms and one bathroom. The total property size is 1888 square feet. Rents are below market due to long-term tenants, and all leases are month-to-month, presenting an excellent value-add opportunity. The owner may consider selling each property separately.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

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  • Local Demand
City
Stamford
County
Fairfield
State
Connecticut
Longitude
-73.5487858
Latitude
41.0483791

FAQs

What type of property is this?
Apartment building - Two properties with five units, value-add opportunity.
Where is this apartment building located?
The property is located at 39 Ann St Stamford, CT.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: - Two properties being sold together (39 Ann Street and 125 Richmond Hill) for a total of 5 units.; - **Value-add opportunity with below-market rents** due to long-term tenants.; - All leases are month-to-month (MTM) providing flexibility.
More about this property
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