700 Summer Street, Stamford, CT 09605
Local realty services provided by:ERA Blanchard & Rossetto, Inc.
700 Summer Street,Stamford, CT 09605
$1,198,888
- 4 Beds
- 3 Baths
- 2,125 sq. ft.
- Condominium
- Active
Listed by: richard esman
Office: douglas elliman of connecticut
MLS#:24077913
Source:CT
Price summary
- Price:$1,198,888
- Price per sq. ft.:$564.18
- Monthly HOA dues:$1,452
About this home
### **Downtown Stamford Investment Portfolio - 3 Income-Producing Condos**### **Offered as a Turnkey Package | Listing Price: $1,198,888** **Monthly Rental Income: $7,700 | Annual Income: $92,400** **Total Living Area: Approx. 2,125 Sq Ft | Monthly Maintenance: $1,452 | Annual Taxes: $5,929** **Property Overview:** An exceptional opportunity to acquire a portfolio of **three fully leased 2-bedroom, 1-bathroom condominiums** in the heart of **Downtown Stamford**. This rare package deal offers immediate cash flow, a diversified lease structure, and strong long-term appreciation potential in one of Connecticut's most vibrant urban markets. **Unit Breakdown:** - **Total Units:** 3 - **Lease Terms:** - 1 Unit: Long-Term Lease - 2 Units: Annual Leases **Investment Highlights:** - **Consistent Income Stream:** $7,700/month across all units - **Strong Tenant Mix:** Stable occupancy with a blend of long-term and annual leases - **Low Overhead:** Reasonable monthly maintenance and property tax obligations - **Prime Location:** - Steps from Stamford's premier shopping, dining, and entertainment - Easy access to Metro-North and Amtrak for seamless NYC and other destinations - High-demand rental area with strong appreciation trends **Why This Portfolio Stands Out:** This downtown goldmine is ideal for investors seeking a hands-off, income-generating asset in a thriving location.
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Home facts
- Year built:1961
- Listing ID #:24077913
- Added:245 day(s) ago
- Updated:November 15, 2025 at 12:31 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,125 sq. ft.
Heating and cooling
- Cooling:Wall Unit
- Heating:Radiator
Structure and exterior
- Year built:1961
- Building area:2,125 sq. ft.
Schools
- High school:Westhill
- Middle school:Rippowam
- Elementary school:Davenport Ridge
Utilities
- Water:Public Water Connected
Finances and disclosures
- Price:$1,198,888
- Price per sq. ft.:$564.18
- Tax amount:$5,929 (July 2024-June 2025)
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