520 Success Avenue Active Save Request In-Person Tour Request Virtual Tour
Stratford,CT 06610
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 7,504 sqft
Price per Sqft $219
MLS Listing ID 24046832
Style Units on different Floors
Bedrooms 2
Full Baths 2
Year Built 1959
Annual Tax Amount $11,819
Lot Size 0.640 Acres
Property Description
Current 6000+/- square foot commercial building with two residential additions and approvals for 38 total apartment units. 32 of the apartments are in Stratford with the remaining 6 in Bridgeport. Property will convey as-is at this price and it is the responsibility of the new party to finish the remaining additions and upfit to the current building. Convenient location on bus line and close to all major transportation, including two train stations and all highways/parkways. 2 units are built and complete and 18 are partially built. There is a lease on the current commercial space at $2,000 per month, which includes the garage bays, this is for another 5 years and has 3 5-year extension options. 9 residential units are approved to eventually replace the commercial space. Please reach out for an interior tour after having done a drive by, provided financials and all diligence. This is a great investment opportunity and a great price for a wonderful 38-unit apartment building in desirable Fairfield County.
Location
State CT
County Fairfield
Zoning RM-1
Interior
Heating Hot Air
Cooling Central Air
Exterior
Garage None
Waterfront Description Beach Rights
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed