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125 Richmond Hill Ave
Stamford, CT 06902
39 Ann and 125 Richmond · Multifamily Property For Sale
INVESTMENT HIGHLIGHTS
- Two duplexes immediately adjacent to each other
- Well kept exteriors
- Fully occupied by stable long term tenants
- Shared surface parking lot
EXECUTIVE SUMMARY
39 Ann Street and 125 Richmond Hill Avenue in Stamford are two townhouse-style duplex residential buildings with a basement. Both have well kept exteriors and share a surface lot with abundant parking. The interiors of both duplexes are somewhat dated because the tenants haven't moved in 10 years. The current rents are very low as the owners' employees and a cousin reside there. Pro forma's show current rents and market rents. The ask for both properties is $1,500,000 or $750,000 if sold seprately. They are adjacent to each other. The Cap Rate for 39 Ann is 4.99% and the Cap Rate for 125 Richmond Hill is 3.12%.
PROPERTY FACTS
| Price / SF | $279.17 / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 2 |
| Cap Rate | 8.12% | Total Building Size | 5,373 SF |
| Sale Type | Investment | Total Land Area | 0.25 AC |
| Status | Active |
| Price / SF | $279.17 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 8.12% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 5,373 SF |
| Total Land Area | 0.25 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 125 Richmond Hill Ave, Stamford, CT 06902 | Multifamily | 2,741 SF | 1920 | $750,000 |
| 39 Ann St, Stamford, CT 06902 | Multifamily | 2,632 SF | 1880 | $750,000 |
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