700 Summer Street, Stamford, CT 09605
Local realty services provided by:Better Homes and Gardens Real Estate Shore & Country Properties
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 Goldmine: 3 Condos, $7,700 Monthly Income, One Smart Investment **Investment Opportunity: Portfolio of 3 Condos in Prime Downtown Stamford - Offered as a Single Package** **Listing Price:** $1,198,888 **Monthly Rent Roll:** $7,700 **Total Units:** 3 (All 2-Bedroom, 1-Bath) **Total Living Space:** Approx. 2,125 Sq Ft **Monthly Maintenance Fees:** $1,452 **Annual Property Taxes:** $5,929 **Lease Terms:** * 1 Unit: Long-Term Lease * 2 Units: Annual Leases **Property Overview:** An attractive investment package consisting of three income-producing condos, being sold as a single entity (not available individually). Located in the heart of **Downtown Stamford**, this offering provides immediate cash flow, diversification of lease terms, and long-term growth potential in one of Connecticut's most dynamic urban centers. **Prime Location:** Situated in Downtown Stamford, the property is surrounded by top-tier amenities including shopping, dining, and entertainment. With convenient access to major transit routes and a direct train line to New York City, this area is a hotbed for both residential demand and long-term appreciation. **Investment Highlights:** **Stable Income Stream:** $7,790/month in rental income across three units. With two annual leases and one long-term tenant in place, the current rent roll offers consistent cash flow with a balanced lease structure.
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Home facts
- Year built:1961
- Listing ID #:24077913
- Added:194 day(s) ago
- Updated:September 20, 2025 at 11:29 AM
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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