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$ 1,150,000
Est. payment /mo
New
15 Hillhurst Street Stamford, CT 06902
8 Beds
3 Baths
2,112 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,112 sqft
Price per Sqft $544
MLS Listing ID 24203789
Style Units on different Floors
Bedrooms 8
Full Baths 3
Year Built 1962
Annual Tax Amount $10,412
Lot Size 4,791 Sqft
Property Sub-Type 3 Family
Property Description
Excellent investment opportunity at 15 Hillhurst Street in Stamford's desirable Stillwater neighborhood, conveniently located directly behind the Stamford Hospital parking area and within walking distance of Stamford Hospital, Downtown Stamford, UConn Stamford, restaurants, shopping, public transportation and other area amenities. This well-located three-family property was extensively renovated in 2010, when the interior was gutted and rebuilt, including new plumbing and electrical systems. All three units are currently occupied, providing immediate rental income with significant potential for future growth. The first unit offers 2 bedrooms and currently rents for $1,700/month. The second unit features 3 bedrooms and currently rents for $3,200/month with Section 8 participation. The third unit also offers 3 bedrooms and currently rents for $2,200/month. Current rents are believed to be below prevailing market levels, particularly the first and third units. Estimated market rents are approximately $2,400/month for the 2-bedroom unit and $3,300/month for each 3-bedroom unit, offering an attractive opportunity to increase future rental income subject to existing leases, applicable regulations and market conditions. An excellent opportunity for an investor or owner-occupant seeking a multifamily property in a highly convenient Stamford location with strong rental demand.
Location
State CT
County Fairfield
Zoning VC
Rooms
Basement None
Interior
Heating Hot Water
Cooling None
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Block, Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Guy Bocicaut • Guy Bocicaut Real Estate
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