Two-Family Residential Income
50 Victory Street Stamford, CT 06902
50 Victory Street, Stamford, CT, 06902
$599,000
For Sale
$599,000
Two-family home with private outdoor space, off-street parking, and separate unit layouts including in-unit laundry hookups.
Property Size1,656 SF
Price / SF$361.71
Days on Market57
Property Features for 50 Victory Street
General Information
- Standard status
- Active
- Size
- 1,656 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1930
Listing agency
Berkshire Hathaway NE Prop.
(203) 496-1115
Listed by
Megan Pavia
(203) 496-1115
Source
Lockandkeyre
Added: May 27 Updated: Jul 22 at 4:32AM Checked: Jul 22 at 4:32AM
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 Berkshire Hathaway NE Prop.
Investment Insights
Based on property information with market context.
This well-maintained two-family residence offers flexible living and income with private outdoor space for both units and off-street parking. The first-floor unit includes one bedroom and one full bath, with an efficient flow between the living room and kitchen, a covered patio off the kitchen, and in-unit laundry hookup. The second-floor unit features two bedrooms and 1.5 baths, including a sun-filled living room connected to an eat-in kitchen, a mudroom entry, and a dedicated laundry room with a half bath. Additional interior storage is supported by an attic storage area, and a wraparound porch extends outdoor living.
The property is located on Stamford’s West Side, close to downtown Stamford, Metro-North, I-95, parks, shopping, and restaurants.
The two distinct unit configurations provide separate bedroom and bath counts, along with multiple outdoor areas and laundry options to support everyday use.
The property is located on Stamford’s West Side, close to downtown Stamford, Metro-North, I-95, parks, shopping, and restaurants.
The two distinct unit configurations provide separate bedroom and bath counts, along with multiple outdoor areas and laundry options to support everyday use.
Key Highlights
- Two‑family home built in 1930 with private outdoor space and off‑street parking
- First‑floor unit: 1 bedroom, 1 full bath, living room‑to‑kitchen flow, updated bedroom flooring, in‑unit laundry hookup
- First‑floor unit includes a covered patio off the kitchen for additional private outdoor space
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 | $48.7k | $29.40 |
| − Vacancy | −$3.2k | −$1.91 |
| EGI | $45.5k | $27.49 |
| − OpEx | −$13.7k | −$8.25 |
| NOI | $31.9k | $19.24 |
1,656 SF · lease $29.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$455.2K
$398.3K – $531.1K
NOI $31,865 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$407.1K
$356.3K – $475.0K
NOI $28,500 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$598.8K
$523.9K – $698.6K
NOI $41,914 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family home with private outdoor space, off-street parking, and separate unit layouts including in-unit laundry hookups.
Where is this duplex located?
The property is located at 50 Victory Street Stamford, CT.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two‑family home built in 1930 with private outdoor space and off‑street parking; First‑floor unit: 1 bedroom, 1 full bath, living room‑to‑kitchen flow, updated bedroom flooring, in‑unit laundry hookup; First‑floor unit includes a covered patio off the kitchen for additional private outdoor space
