109 Oaklawn Avenue
Property Description
TURNKEY INCOME-PRODUCING ASSET + VALUE-ADD OPPORTUNITY IN STAMFORD'S DESIRABLE BULLS HEAD! Just minutes from Downtown Stamford, 109 Oaklawn Ave is a rare legal 2-unit property plus In-Law Apartment offering strong income, modern updates and exceptional future potential. Unit 1 features 3 Bedrooms, 1.5 Baths, spacious Living Room, Eat-in Kitchen and Primary Bedroom with en-suite Half Bath. Unit 2 offers 3 Bedrooms and Full Bath, while Unit 3 is a bright Studio with brand-new Kitchen and beautifully renovated Full Bath. Units 1 & 2 have new in-unit washers/dryers; all units feature new flooring and fresh paint. The partially finished, heated Basement offers potential for a 4th unit (do your due diligence), with separate side/rear entrances, plumbing and laundry already in place. The boiler and hot water heater have been replaced with brand-new high-efficiency on-demand wall units. Level backyard, oversized driveway with ample parking and detached 2-car Garage. All units are leased through mid-2027. Rents include heat, hot water, gas, water, garbage, snow removal, grounds and exterior maintenance. Unit 1 includes Garage use. A compelling investment with immediate income, significant upgrades and built-in value-add potential!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $975,000 |
| Year Built: | 1920 |
| Lot Size: | 3,167.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 4 |
ID: 3yd-CTMLS-24212226
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
277-279 Garden Street
Hartford, Connecticut
277-279 Garden Street
Hartford, Connecticut
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout