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Summer Street
Stamford, Connecticut
$1,300,000 Price
4 Bedrooms  
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Investment Sale: 3 condos for sale being sold as one entity and may not be spilt up Property Overview: Price: $1,300,000 Rent Roll: $ 6,675 (monthly) Total Beds: 6 Total Baths: 3 Approx. SF: 2,125 Monthly Maintenance Fee: $1,452 Annual Taxes: $9,789...

Investment Sale: 3 condos for sale being sold as one entity and may not be spilt up Property Overview: Price: $1,300,000 Rent Roll: $ 6,675 (monthly) Total Beds: 6 Total Baths: 3 Approx. SF: 2,125 Monthly Maintenance Fee: $1,452 Annual Taxes: $9,789 Units: 3 (2-bedroom,) Lease Types: One unit has a long-term lease. Two units have annual leases. Location: Downtown Stamford, a prime area for businesses, shopping, dining, and easy access to transit and New York City. Investment Potential: Rental Income: You'll benefit from steady cash flow with two units on annual leases and one on a long-term lease. This provides a balanced income structure, with flexibility if one lease term changes. Appreciation Potential: Stamford is experiencing urban development and is located close to New York City, which could lead to increased property values. Over time, the property could appreciate as the city continues to grow and improve. Diversification: The mix of lease types (long-term and annual) helps mitigate risks. You won't be locked into one kind of lease agreement, offering a hedge against potential market shifts. This property may offer a solid opportunity for an investor looking for steady income and potential long-term growth, especially given Stamford's proximity to NYC and its ongoing development.

Listing courtesy of Douglas Elliman Of Connecticut

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Stamford, Connecticut
Type: Condominium
Price: $1,300,000
Maintenance/CC: $1,452
Monthly real estate tax: $816
Approx. square footage: 2,125 sf
Approx. sqft: 2,125 sf
Web ID: 24077913

Info & Amenities

Type: Condominium
Rooms: 8.0
Bedrooms: 4
Bathrooms: 3.0
Built: 1961

Get to Know Stamford

Stamford is a welcoming, growing city defined by its mix of urban and suburban atmospheres. Though it was once a suburb of New York City, today it’s a thriving city—the second-largest in Connecticut—on the coast of the Long Island Sound. Diverse and boasting a strong sense of community, Stamford is also home to several Fortune 500 companies and many corporate headquarters.

More About Stamford

Neighborhood Guide to Stamford

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all descriptive information should be confirmed by customer. All rights to content, photographs and graphics are reserved to Brown Harris Stevens. Customer should consult with its counsel regarding all closing and tax costs. Broker represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent, in Connecticut, or , in New York State and New Jersey, a dual agent with designated or disclosed agents representing seller/owner and buyer/tenant. Broker represents the buyer/tenant when showing the exclusives of other real estate firms. In Florida, Broker acts as a Transaction Broker with all sellers and buyers, unless a different form of agency has been established in writing. If you are looking to purchase or rent housing, are using a screen reader, and are having problems using this website, please call 1-212-712-1163 for assistance. All phone charges will be reimbursed by Brown Harris Stevens. Broker actively supports Fair Housing and Equal Housing Opportunities. BHS has adopted the attached policy statement - Prior to showing a homebuyer a property or providing services: (1) BHS does not require identification from a prospective homebuyer, (2) BHS may require a written agreement from a homebuyer before showing properties; and (3) BHS does not require a pre-approval for a mortgage loan in order to show a homebuyer properties. However, based upon the requirements of the seller, the building in which the properties is located, or others, some or all of the foregoing items may be required. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2025 The Real Estate Board of New York, Inc., all rights reserved. RLS Data display by Brown Harris Stevens. Powered by Terra Holdings.