NOT LISTED FOR SALE
6 Beds
6 Baths
4,500 Sq Ft
0.25 Acres

Last Sold December 14, 2020

Last sale price $1,400,000 $311 Per Sq Ft

280 Days on Market

Highlights

  • Property is near public transit
  • Walking Distance to Water
  • Baseboard Heating
  • No HOA
  • Public Transportation
  • Private Driveway

About This Home

As of December 2020

Now is the chance to own this beautiful 6-unit stucco-building situated in one of the Northeast’s hottest rental markets. This low-maintenance opportunity offers 6 one-bedroom condo units at 750 square feet each. Each unit has washer/dryer in unit, with extensive updates throughout. Ample parking and storage unit is included for all tenants. Major capital improvements include windows, roof, and hot water heaters being replaced within the past five years. Tenants are responsible for all utilities, thus minimizing the expenses for the new owner. The tremendous location of this property speaks for itself (walking distance from the train station, night-life, shopping, downtown area, and more). A great value-add opportunity in a market that continues to appreciate each year!

Last Agent to Sell the Property

Nick Selca

Lakeshore Realty License #RES.0807545 Listed on: 02/03/2020

Last Buyer's Agent

Ann Rosati

William Raveis Real Estate License #RES.0584055

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,409

Year Built

  • Built in 1978

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Home Design

  • 4,500 Sq Ft Home
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Concrete Siding
  • Stucco Exterior

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Shared Basement
  • Basement Storage

Parking

  • 12 Car Garage
  • Private Driveway
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Exterior Lighting

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Additional Features

  • Public Transportation
  • Gross Income $117,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,409

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Neighborhood: Shippan
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 4500
  • Total Sq Ft: 4500
  • Year Built: 1978
  • Nearby Amenities: Medical Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: Each condo unit's PID, assessed value, and tax amount are as follows: #1: PID=11665, Assessed Value=$110,120, Taxes=$2,901 #2: PID=11666, Assessed Value=$110,120, Taxes=$2,901 #3: PID=11667, Assessed Value=$110,120, Taxes=$2,901 #4: PID=11668, Asses
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Tax Year Updated Dt: 02/03/2020
  • Directions: Use GPS 84 Wardwell Street, Stamford, CT
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement Description: Full With Walk-Out, Shared Basement, Walk-out, Storage
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: No
  • Street Number Modifier: 84

Exterior Features

  • Exterior Features: Lighting
  • Exterior Siding: Stucco
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Concrete, Stucco

Garage/Parking

  • Garage Parking Info: Off Street Parking, Parking Lot
  • Garages Number: 12
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.2500
  • Lot Description: Level Lot
  • Zoning: RMF

Multi Family

  • Gross Annual Income: 117600
  • Net Operating Income: 83563
  • Unit Count: 6
  • Total Multi Family: 18
  • Total Num Of Units: 6

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 17409
  • Total Assessed Value: 660720
  • Mil Rate Base: 25.330
  • Mil Rate Tax District: 1.020
  • Mil Rate Total: 26.350
  • Assessor Parcel Number: 999999999

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $1,400,000 -6.7% $311 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $1,500,000 -- $333 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170268996

SmartMLS