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$1,198,888
234 Days On Site

700 Summer Street
Stamford, CT 09605

For Sale|Condominium|Active
4
Beds
3
Total Baths
3
Full Baths
2,125
SqFt
$564
/SqFt
1961
Built
County:
Fairfield
Listing courtesy of Richard Esman of Douglas Elliman of Connecticut

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### **Downtown Stamford Investment Portfolio - 3 Income-Producing Condos**### **Offered as a Turnkey Package | Listing Price: $1,198,888** **Monthly Rental Income: $7,700 | Annual Income: $92,400** **Total Living Area: Approx. 2,125 Sq Ft | Monthly Maintenance: $1,452 | Annual Taxes: $5,929** **Property Overview:** An exceptional opportunity to acquire a portfolio of **three fully leased 2-bedroom, 1-bathroom condominiums** in the heart of **Downtown Stamford**. This rare package deal offers immediate cash flow, a diversified lease structure, and strong long-term appreciation potential in one of Connecticut's most vibrant urban markets. **Unit Breakdown:** - **Total Units:** 3 - **Lease Terms:** - 1 Unit: Long-Term Lease - 2 Units: Annual Leases **Investment Highlights:** - **Consistent Income Stream:** $7,700/month across all units - **Strong Tenant Mix:** Stable occupancy with a blend of long-term and annual leases - **Low Overhead:** Reasonable monthly maintenance and property tax obligations - **Prime Location:** - Steps from Stamford's premier shopping, dining, and entertainment - Easy access to Metro-North and Amtrak for seamless NYC and other destinations - High-demand rental area with strong appreciation trends **Why This Portfolio Stands Out:** This downtown goldmine is ideal for investors seeking a hands-off, income-generating asset in a thriving location.

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Listing Snapshot
Price 
$1,198,888
Days On Site 
234 Days
Bedrooms 
4
Inside Area (SqFt) 
2,125 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1961
MLS® Number 
24077913
Status 
Active
Property Tax 
$5,929
HOA/Condo/Coop Fees 
$1,452 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
3 months agoStatus changed to Active
3 months agoPrice changed to $1,198,888
8 months agoListing first seen on site
General Features
Levels 
One
Parking 
UnassignedNone
Parking Spaces 
2
Property Sub Type 
Condominium
Sewer 
Public Sewer
SqFt Total 
2125
Style 
Mid Rise
Water Source 
Public
Zoning 
MZN
Interior Features
Appliances 
DishwasherFreezerGas CooktopRangeOvenRefrigeratorGas Water Heater
Basement 
Full
Cooling 
Wall Unit(s)
Heating 
Natural GasHot Water
Laundry Features 
Common AreaIn Basement
Master Bedroom 
Level - Main
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Exterior Features
Construction Details 
Brick
Exterior 
Balcony
View 
City
Waterview 
City
Community Features
Association Dues 
1452
HOA Fee Frequency 
Monthly
Schools
School District
Unknown
Elementary School
Davenport Ridge
Middle School
Rippowam
High School
Westhill
Listing courtesy of Richard Esman of Douglas Elliman of Connecticut



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Last checked: 2025-11-04 07:48 AM UTC.

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