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Three-Unit Residential Property

55 Lockwood Avenue, Stamford, CT 06902

For Sale
New
$949,000

Multi-Family For Sale, 3updown - Unit(s) per Floor, Stamford, CT

Property Size2,645 SF
Lot Size0.09 Acres
Price / SF$358.79
Days on Market2

Property Features for 55 Lockwood Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bathroom 4, Bedroom 1, Bathroom 1, Bedroom 7, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 5, Bedroom 6, Bedroom 3, Basement
Basement Full
Lot features Corner Lot, City Views, Level Lot
Elementary school Toquam Magnet
High school Stamford
Directions On the corner of Lockwood Ave and Frank Street.
Subdivision Cove
Standard status Active
Size 2,645 SF
Lot size 0.09 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 10113

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating)
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1887
Architectural style Other
Listing Agency: BHGRE Shore & Country
Listed By: Robyn-Anne Blosio
Added: Nov 14 Last Checked: Nov 15 at 3:06AM
MLS# 24199943

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This three-family residential property contains 2,645 square feet on a 0.09-acre lot. Built in 1887, it has original moldings on the first floor and high ceilings. Heating is provided by hot water, with window units for cooling. Public water and sewer serve the property, which is zoned R5.

The property is at 55 Lockwood Avenue in Stamford, Connecticut. Its location provides access to downtown Stamford, shopping, restaurants, major highways, and public transportation. The reported room inventory includes seven bedrooms, four bathrooms, and a basement.

Key Highlights

  • Three‑family property with 2,645 square feet
  • 0.09‑acre lot; zoned R5
  • Built in 1887

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,896
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,017,920 $1.0M
Cap Rate 7%
$727,086 $727.1K
Cap Rate 9%
$565,511 $565.5K
Market Conditions
NOI Build-Up for 2,645 SF
Gross rent
$77.8K $29.40/SF
− Vacancy
−$5.1K −$1.91/SF
EGI
$72.7K $27.49/SF
− OpEx
−$21.8K −$8.25/SF
NOI
$50.9K $19.24/SF
Area
Stamford, CT
Vacancy
6.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,017,920
Cap Rate 7%
$727,086
Cap Rate 9%
$565,511

Alternative Uses

Best Use
Multifamily LT 5
$727.1K
$636.2K – $848.3K (±1% cap)
NOI $50,896 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$650.3K
$569.0K – $758.7K (±1% cap)
NOI $45,522 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$956.4K
$836.8K – $1.12M (±1% cap)
NOI $66,946 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,456
Businesses Nearby

Demographics for 06902, CT

69,192
Population
30,142
Households
2.3
Avg Household Size
36
Median Age
44%
College-Educated
85%
High-School Grad
10.0 sq mi
ZIP Area
6,919
Density / Sq Mi
$92,527
Median Household Income
$48,285
Median Earnings
$2,139
Median Rent
$515,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Triplexes in Fairfield County, CT

$255 Jul
$267 Aug
$268 Sep
$264 Oct

Properties on Market for Triplexes in Fairfield County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three occupied dwellings feature original moldings, high ceilings, and public water and sewer service.
Where is this triplex located?
The property is located at 55 Lockwood Avenue Stamford, CT.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Three‑family property with 2,645 square feet; 0.09‑acre lot; zoned R5; Built in 1887
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