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24 Hoyt St 4 Unit Apartment Building $2,495,000 ($623,750/Unit) 6.53% Cap Rate Stamford, CT 06905
Executive Summary
Exceptional four-unit investment opportunity in one of Stamford's most convenient neighborhoods. This unique two-building package features two established and move in ready units in the front building and two brand new townhomes in the back all fully leased with tenants in place and generating $195,300 in annual gross income. The rear townhomes offer modern finishes, central air conditioning, all new appliances, and two dedicated garage parking spots. With 5,826 square feet of total living space across 12 bedrooms and 9 bathrooms, this property delivers exceptional scale and rental appeal. Investors will appreciate the low annual taxes of just $22,074 and a zoning designation of RMF, supporting long-term income stability. This is a true turnkey asset. Leases are in place, nothing needs to be done simply collect your return from day one with happy tenants in place.
Property Facts Under Contract
| Price | $2,495,000 | Building Class | C |
| Price Per Unit | $623,750 | Lot Size | 0.23 AC |
| Sale Type | Investment or Owner User | Building Size | 5,800 SF |
| Cap Rate | 6.53% | No. Stories | 2 |
| No. Units | 4 | Year Built/Renovated | 1896/2024 |
| Property Type | Multifamily | Parking Ratio | 1.72/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | RMF - RMF | ||
| Price | $2,495,000 |
| Price Per Unit | $623,750 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.53% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 5,800 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1896/2024 |
| Parking Ratio | 1.72/1,000 SF |
| Zoning | RMF - RMF |
Amenities
Unit Amenities
- Air Conditioning
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | STAM-000001-000000-004529 | Improvements Assessment | $459,530 |
| Land Assessment | $400,050 | Total Assessment | $859,580 |
Property Taxes
Parcel Number
STAM-000001-000000-004529
Land Assessment
$400,050
Improvements Assessment
$459,530
Total Assessment
$859,580
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24 Hoyt St
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