1. Connecticut
2. Stamford
3. 700 Summer Street

700 Summer Street, Stamford, CT 09605

• 4 beds |
• 3 baths |
• 2,125 sqft

Property Description

**Investment Opportunity: Portfolio of 3 Condos in Prime Downtown Stamford - Offered as a Single Package** **Listing Price:** $1,300,000 **Monthly Rent Roll:** $7,675 **Total Units:** 3 (All 2-Bedroom, 1-Bath) **Total Living Space:** Approx. 2,125 Sq Ft **Monthly Maintenance Fees:** $1,452 **Annual Property Taxes:** $5,929 **Lease Terms:** * 1 Unit: Long-Term Lease * 2 Units: Annual Leases **Property Overview:** An attractive investment package consisting of three income-producing condos, being sold as a single entity (not available individually). Located in the heart of **Downtown Stamford**, this offering provides immediate cash flow, diversification of lease terms, and long-term growth potential in one of Connecticut's most dynamic urban centers. **Prime Location:** Situated in Downtown Stamford, the property is surrounded by top-tier amenities including shopping, dining, and entertainment. With convenient access to major transit routes and a direct train line to New York City, this area is a hotbed for both residential demand and long-term appreciation. **Investment Highlights:** **Stable Income Stream:** $7,675/month in rental income across three units. With two annual leases and one long-term tenant in place, the current rent roll offers consistent cash flow with a balanced lease structure.

Listing Status:

Active

Date Added:

March 15, 2025 at 04:02AM

Listing Office:

Douglas Elliman of Connecticut : (203) 622-4900

Listing Agent:

Richard Esman : (914) 715-4227

MLS ID:

24077913

Interior

• Appliances: Gas CooktopOven/RangeRefrigeratorFreezerDishwasher
• Laundry: Common Laundry Area
• Basement: FullShared Basement
• A/C: Wall Unit
• Heating: RadiatorNatural Gas
• Fireplace: Fireplaces: 0

Exterior

Location

Lot

Utilities

This listing courtesy of Richard Esman, Douglas Elliman of Connecticut