Skip To Content

196 Franklin Street

Stamford, CT 06901
  • $899,000
  • STATUS: Active Under Contract
  • ON SITE: 94 Days
  • MLS #: 170594647
Under Contract
UPDATED: 42 min ago
$899,000
  • 6
    BEDS
  • 0.08
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,312
    SQFT
  • $389
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Information

Elementary School:
High School:

Description

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!

Monthly Payment Calculator



The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc. Data last updated: 2023-12-02T15:10:23.257.
www.connecticutpropertyforsale.com/homes/142918363
Print Image

196 Franklin Street Stamford, CT 06901

  • Price: $899,000
  • Status: Active Under Contract
  • On Site: 94 Days
  • Updated: 42 min ago
  • MLS #: 170594647
6
Beds
2
Baths
0
½ Baths
0.08
Acres
2,312
SQFT
$389
$/SQFT
1930
Built
Neighborhood:
Mid City
County:
Fairfield
Area:
Stamford
Elementary School:
per board of ed
High School:
per board of ed
Property Description
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!
Exterior Features

Direct Waterfront YN No Driveway Type PrivateAsphalt Exterior Features Patio Exterior Siding Aluminum Garage And Parking Detached GarageDrivewayOff Street Parking Lot Description City Views Nearby Amenities Commuter BusHealth ClubLibraryPlayground/Tot LotShopping/Mall Parking Total Spaces 4 Roof Information Asphalt Shingle Style Units on different Floors Swimming Pool YN No Waterfront Description Beach Rights

Interior Features

Attic YN No Basement Description FullUnfinishedConcrete FloorHatchway Access Cooling System None Fireplaces Total 0 Heat Type Baseboard Laundry Room Info Washer/Dryer All Units Laundry Room Location Basement Sq Ft Est Heated Above Grade 2312 Sq Ft Total 2312 Total Rooms Multi Family 10

Property Features

Acceptable Financing FHAVACHFA Agent Owner YN No Bank Owned Property No Financing Used Cash Foundation Type Block Fuel Tank Location In Basement Gross Annual Expense 13290 Gross Annual Income 92400 Heat Fuel Type Oil Home Owners Assocation No Home Warranty Offered YN No Hot Water Description Oil Net Operating Income 79110 New Construction Type No/Resale Potential Short Sale No Property Sub Type 2 Family Sewage System Public Sewer Connected Total Number Of Units 2 Under Agreement Yn No Water Source Public Water Connected Zoning RMF

Listing information © 2023 Smart MLS
Listing provided courtesy of Ted Sibilia of William Raveis Real Estate: (203) 966-3555.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc. Data last updated: 2023-12-02T15:10:23.257.
 
https://bt-photos.global.ssl.fastly.net/ctmls/orig_boomver_1_170594647-1.jpg https://bt-photos.global.ssl.fastly.net/ctmls/orig_boomver_1_170594647-1.jpg https://bt-photos.global.ssl.fastly.net/ctmls/orig_boomver_1_170594647-1.jpg
Logo
Coldwell Banker Premiere Realtors
142 Queen Street
Southington CT, 06489