196 Franklin St Stamford, CT, 06901

multi family home
$ 899,000 Sold Aug 29, 2023
129 days on market, 100% sale-to-list ratio
Map of 196 Franklin Street, Stamford, CT 06901 multi family home
explore the home

About the Home

If your looking for great real estate investment, look no further than 196 Franklin Street, situated right in the heart of downtown Stamford. Walking distance to all Stamford nightlife, eateries, shopping and cultural experiences. Two 3 bedroom, one bath units and a detached 2-car garage that is fully rented. Full basement with additional storage. This building generates 8% CAP rate and produces a great income stream. Hardwood floors, gas stoves for the home chefs and light and bright. This property is in great condition and there's nothing to do expect start collecting the rents!

Rooms & Interior

6 bedrooms beds
2 full baths
2,312 square feet sq ft

Home Features

Heating

  • Heating: baseboard
  • Heat fuel type: oil
  • Fuel tank: in basement

Cooling

  • None

Basement

  • Full
  • Unfinished
  • Concrete floor
  • Hatchway access

Laundry

  • Location: basement
  • Washer/dryer all units

Exterior Features

  • Patio

Property Details

Parking

  • Garage spaces: 2
  • Detached garage
  • Driveway
  • Off street parking

Waterfront

  • Beach rights

Lot Details

  • Lot surface: 0.08 acres
  • City views

Driveway

  • Private
  • Asphalt

Utilities

  • Water: public water connected
  • Sewage: pub. sewer connected

Near-by Amenities

  • Commuter bus
  • Health club
  • Library
  • Playground/tot lot
  • Shopping/mall

Construction Details

Style
units on different floors

Construction year
1930

Exterior Siding
aluminum

Foundation
block

Roof
asphalt shingle


Area & Town

This home is located in Downtown neighborhood, in the town of Stamford.

Finance & Listing Info

MLS ID #170594647
Status Closed
Listing date August 29, 2023
Closed date January 05, 2024
Days on market 129 days
List price $ 899,000
Close price $ 899,000
Sale-to-list ratio 100%
Tax amount $ 9,820
Financing used Cash


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