1621 Stratford Avenue, Stratford, CT 06615

$699,900
10
BD
4
BA
4,938
SqFt
List Price
$699,900
Status
UNDER CONTRACT
MLS#
24044944
Year Built
1950
Style
Units on different Floors, Units are Side-by-Side
Bedrooms
10
Bathrooms
4
Acres
0.14
Living Area
4,938
Neighborhood
N/A

Property Description

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.

Additional Information

Taxes
$8,659
Lot Size
6,098
Waterfront Desc
Not Applicable
Heating
Hot Water
Fuel Type
Natural Gas
Cooling System Type
Window Unit
Sewer
Public Sewer Connected
Water Source
Public Water Connected
Basement
Full, Unfinished, Shared Basement, Concrete Floor
Exterior
Vinyl Siding
Parking Spaces
8
Elementary School
Per Board Of Ed
High School
Per Board Of Ed

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Sarah Doyle from Century 21 Scala Group

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