Two-Family Residential Income
92 Burwood Avenue Stamford, CT 06902
92 Burwood Avenue, Stamford, CT, 06902
$1,425,000
For Sale
$1,425,000
Well-maintained two-family home with updated interiors and outdoor decks, including one unit on a signed August lease.
Property Size4,212 SF
Price / SF$338.32
Days on Market31
Property Features for 92 Burwood Avenue
General Information
- Standard status
- Active
- Size
- 4,212 SF
- Property subtype
- Multi-Family / 2 Family
Building Details
- Year Built
- 1961
Listing agency
Compass
(917) 443-1147
Listed by
Irina Baskakova · License #RES.0814093
(917) 443-1147
Source
Compass
Added: Jun 22 Updated: Jul 22 at 10:28AM Checked: Jul 22 at 10:28AM
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 Compass
Investment Insights
Based on property information with market context.
This two-family duplex has been thoughtfully renovated and updated throughout, offering modern kitchens, renovated bathrooms, and stylish flooring in both units. The upper residence features three bedrooms along with an oversized foyer and a bright sunroom/office, plus a large private deck. The lower unit (#1) also offers three bedrooms and includes a finished basement with ample storage, a bar area, a separate walk-out exit, and access to the garage, along with its own private outdoor deck overlooking the backyard.
The property is located on a quiet street in Stamford’s Waterside neighborhood. The upper unit is currently rented under a signed lease that starts on August 15th, and the lower unit is rented on a month-to-month basis.
With multiple outdoor living spaces and finished basement access, this is a move-in-ready income property designed to support flexible day-to-day living arrangements.
The property is located on a quiet street in Stamford’s Waterside neighborhood. The upper unit is currently rented under a signed lease that starts on August 15th, and the lower unit is rented on a month-to-month basis.
With multiple outdoor living spaces and finished basement access, this is a move-in-ready income property designed to support flexible day-to-day living arrangements.
Key Highlights
- Two‑family home built in 1961 with central air and baseboard heat
- 11 total rooms with 1 fireplace; attic access via hatch
- Upper unit: 3 bedrooms with oversized foyer and sunroom/office plus a private deck; leased at $4,300/month starting Aug 15 (lease signed)
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 | $123.8k | $29.40 |
| − Vacancy | −$8.0k | −$1.91 |
| EGI | $115.8k | $27.49 |
| − OpEx | −$34.7k | −$8.25 |
| NOI | $81.0k | $19.24 |
4,212 SF · lease $29.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.16M
$1.01M – $1.35M
NOI $81,049 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$1.04M
$906.1K – $1.21M
NOI $72,490 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$1.52M
$1.33M – $1.78M
NOI $106,607 @ 7.0% cap · market cap 7.48%
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 - Well-maintained two-family home with updated interiors and outdoor decks, including one unit on a signed August lease.
Where is this duplex located?
The property is located at 92 Burwood Avenue Stamford, CT.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Two‑family home built in 1961 with central air and baseboard heat; 11 total rooms with 1 fireplace; attic access via hatch; Upper unit: 3 bedrooms with oversized foyer and sunroom/office plus a private deck; leased at $4,300/month starting Aug 15 (lease signed)
