Two-Family Duplex with Rental
For Sale
$899,000
93 George, Stamford, CT 06902
Two-family property with one unit leased month-to-month and convenient access to downtown Stamford amenities.
Property Size2,900 SF
Price / SF$310
Days on Market67
Property Features for 93 George
General Information
Standard status
Active
Size
2,900 SF
Property subtype
2 Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Building Details
Year Built
1950
Buildings
1
Listing Agency:
Coldwell Banker Realty
(203) 322-2300
Listed By:
Mary Valenton · License #RES.0829136
(203) 957-1108
Source:
Lockandkeyre
Added: Aug 9
Changed: Oct 13
Last Checked: Oct 12 at 7:24PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Built in 1950, this 2,900-square-foot duplex contains two residential units and offers a flexible ownership configuration. Unit 2 is occupied under a month-to-month rental arrangement, while the property can accommodate continued leasing or owner occupancy of that unit.
The home is located at 93 George Street in Stamford, Connecticut, near Downtown Stamford, Metro-North, shopping, restaurants, parks, healthcare, major commuter routes, and other local amenities. Its two-unit layout supports separate residential use within one property and provides an established tenancy at closing.
The home is located at 93 George Street in Stamford, Connecticut, near Downtown Stamford, Metro-North, shopping, restaurants, parks, healthcare, major commuter routes, and other local amenities. Its two-unit layout supports separate residential use within one property and provides an established tenancy at closing.
Key Highlights
- Two‑unit residential property at 93 George Street, Stamford, CT 06902
- 2,900 square feet across the duplex
- Unit 2 is rented month‑to‑month
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,803
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,116,060
$1.1M
Cap Rate 7%
$797,186
$797.2K
Cap Rate 9%
$620,033
$620.0K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$85.3K $29.40/SF
− Vacancy
−$5.5K −$1.91/SF
EGI
$79.7K $27.49/SF
− OpEx
−$23.9K −$8.25/SF
NOI
$55.8K $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%
$1,116,060
Cap Rate 7%
$797,186
Cap Rate 9%
$620,033
Alternative Uses
Best Use
Multifamily LT 5
$797.2K
$697.5K – $930.1K
NOI $55,803 @ 7.0% cap · market cap 6.21%
Second Best
Apartment 5plus
$713.0K
$623.9K – $831.8K
NOI $49,910 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$1.05M
$917.5K – $1.22M
NOI $73,400 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
422
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family property with one unit leased month-to-month and convenient access to downtown Stamford amenities.
Where is this duplex located?
The property is located at 93 George Stamford, CT.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two‑unit residential property at 93 George Street, Stamford, CT 06902; 2,900 square feet across the duplex; Unit 2 is rented month‑to‑month
