CT > Stratford
Stratford, CT 06610,520 Success Avenue
Stratford, CT 06610,520 Success Avenue
Stratford, CT 06610,520 Success Avenue
Stratford, CT 06610,520 Success Avenue
Stratford, CT 06610,520 Success Avenue
Stratford, CT 06610,520 Success Avenue
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Felix Hernandez

Felix Hernandez

+1(347) 921-0999
$ 1,650,000
Est. payment | /mo

2 Beds

2 Baths

7,504 SqFt

Save
$ 1,650,000
Est. payment | /mo
Save

2 Beds

2 Baths

7,504 SqFt

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

Rooms

Basement Full

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

Listed by Stephen Shapiro • Davis Owen Real Estate

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520 Success Avenue

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