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1874 Barnum Ave 6 Unit Apartment Building $1,999,999 ($333,333/Unit) 7.64% Cap Rate Stratford, CT 06614
Investment Highlights
- Designer inspired apartment layouts that maximize space and functionality with brand new appliances and finishes
- Excellent corner location on heavily trafficked retail corridor
- Low maintenance asset and extremely energy efficient featuring brand new windows
- Separately metered
Executive Summary
Baldwin Pearson & Co, Inc. is excited to introduce 1874 Barnum Avenue Stratford, CT to the market. This property is a fully renovated, turn-key mixed-use property located on a highly visible and heavily trafficked corner — ideal for all investors. This impressive asset features 6 modern residential apartments above a ground-floor retail space, offering stable rental income and strong upside potential. The retail unit enjoys excellent street exposure and is perfect for a variety of tenant types. With updated systems, contemporary finishes, and immediate cash flow, this property is a rare find in a high-demand area.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 5 | - | 1,000 |
| 1+1 | 1 | - | 550 |
1 1
Walk Score®
Very Walkable (85)
Property Taxes
| Parcel Number | STRA-000309-000005-000007 | Total Assessment | $317,590 (2025) |
| Land Assessment | $115,360 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $202,230 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
STRA-000309-000005-000007
Land Assessment
$115,360 (2025)
Improvements Assessment
$202,230 (2025)
Total Assessment
$317,590 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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1874 Barnum Ave
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