Active
600 Silver Lane
Stratford CT, 06614
$1,390,000
$661.90 per sqft
Active
33 Beds
22 Baths
2,100 sqft
Multi-family
Built in 1967
Calling all developers and investors, if you're looking for a nice safe investment in a mid-size project this is it! Previously marketed with just the 9 condos lots, seller is now willing to take offers on the entire development. The one existing finished house is not available. What you get are the rights to construct 9 brand new detached single-family condominiums. Each unit is 3 bedrooms, 2.5 baths and features vaulted ceilings, attached two car garage and a full basement. In addition, the 6-unit apartment building is now for sale as well. This building was the original church on the property. The building needs to be remodeled on the interior and some additional work to the exterior, but the bones are very solid, and conversion will be a very quick process compared to a new build. You can build and sell the condominiums, re-coup your capital and keep the 6-unit apartment building or build and keep the whole 15-unit project with great monthly cash flow. Come take advantage of this rare investment opportunity today.
24032962
MLSⓇ ID
July 16, 2024
Listed
October 1, 2024
Updated
Map
600 Silver Lane
Stratford CT, 06614
Interior Features
Bedrooms
33
Total Bathrooms
22
Full Bathrooms
22
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
2.2 Acres
Architectual Style
Other
Roof
Shingle
Sewer
Public Sewer
School Information
High School
Per Board of Ed
Elementary School
Per Board of Ed
Other Property Details
Area Name
Bunnell
Taxes
$28,540
Tax Frequency
Annually
Days on Market
59
Garage
No
Parking
None
View
No
County
Fairfield
Water Source
Public
Pool
No
Zoning
C-8
Listing History
Date | Event | Price |
|---|---|---|
9/13/2024 | Price change | $1,390,000 -7% |
Listed by Stephen Shapiro with Davis Owen Real Estate
Listing Contact: 2036101545
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Data last updated on 10/1/2024 at 11:52 PM UTC