Pending

Under Contract

1621 Stratford Avenue

Stratford CT, 06615

$699,900


$141.74 per sqft

Pending

Under Contract

10 Beds

4 Baths

4,938 sqft

Multi-family

Built in 1950

Nestled in Connecticut's desirable Stratford community, this ten bedroom property offers prime investment opportunity. The current owner has invested sweat equity into the home ensuring the next owner will have nothing to do but enjoy the benefits. Featuring a legal four family setup, the 4 distinct rental incomes combined generate a desirable positive cash flow. Each unit, within the residence, is generously sized with a convenient laundry hookup on premises. The roof has been recently updated and is in excellent condition and some units have updated vinyl plank flooring both which minimize future maintenance concerns. Whether you're a seasoned investor seeking consistent rental income or an owner-occupier looking to live mortgage-free while enjoying the rental income, this property is an exceptional choice. Fully occupied with reliable tenants, It offers both versatility and comfort, making it a standout in the market.

24044944

MLS ID

September 7, 2024

Listed

October 1, 2024

Updated

Map

1621 Stratford Avenue
Stratford CT, 06615

Interior Features

Bedrooms

10


Total Bathrooms

4


Full Bathrooms

4


Laundry Description

In Basement


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Natural Gas, Hot Water

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

Corner Lot


Architectual Style

Units on different Floors, Units are Side-by-Side


Sewer

Public Sewer

School Information

High School

Per Board of Ed


Elementary School

Per Board of Ed

Other Property Details

Area Name

N/A


Taxes

$8,659


Tax Frequency

Annually


Days on Market

5


Garage

No


Parking

Off Street, None


Parking Total

8


View

No


County

Fairfield


Water Source

Public


Pool

No


Zoning

E-14

Listing History

Date

Event

Price

9/23/2024

Pending

9/14/2024

Active

Listed by Sarah Doyle with Century 21 Scala Group

Listing Contact: 2035378923 

The IDX display contains information sourced from the  Smart MLS, Inc as of 10/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/1/2024 at 11:53 PM UTC

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