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$1,100,000   Price Analysis
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447 Cove Rd
Stamford, CT 06902
6 bed 4 bath 2,496 SqFt ($440/SqFt)
5,227SqFt lot. Built 1976
Listed 2024-04-17, Taxes $8,385
Ⓧ USDA Ineligible
due to price & location

near Stamford

Welcome to your dream investment opportunity in Stamford!

This remarkable multi-family home offers two roomy appointed 3-bedroom units, each complete with its own garage and parking in the back. Each unit has separate utilities. Whether you're looking for a lucrativ investment property or the perfect place while generating rental income, this property has it all.

Rents are a total of $7000 a month and room for increases. Unit 449 lease ends August 31st, 2024 and Unit 447 ends June 30th, 2024. Tenants pay for hot water, electricity, gas and heat. Landlo rd pays for cold water, landscaping, snow removal and trash.


Presented by Chris Carozza at
RE MAX Right Choice.
Listing Agent Photo

Property MLS #24011174 from SMARTMLS

Bedrooms: 6

Total Rooms: 10
Basement Description: Full, Unfinished, Storage, Garage Access, Interior Access, Walk-out

Total Bathrooms: 4
Full Bathrooms: 2
1/2 Bathrooms: 2

Laundry Features: Location: Basement, Basement Hook-Up(s)

Cooling Features: Window Unit
Heating Features: Heat Fuel Type: Natural Gas, Heat Type: Hot Air
Heating Fuel: Natural Gas

Beach Rights

Lot Description: Sloping Lot
Lot Size Acres: 0.12
Lot Size Square Feet: 5227

Garage Spaces: 2
Garage Description: Attached Garage

Elementary School: K.T. Murphy
High School: Westhill

K. T. Murphy School is a public elementary school located approximately 0.3 miles away.
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Stamford High School is a public high school located approximately 1.2 miles away.
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Rippowam Middle School is a public middle school located approximately 2.9 miles away.
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Yeshiva Bais Binyomin is a private high school located approximately 1.2 miles away.
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Gross Income: 84000

Number of Units: 2

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 11531
Source Listing Status: Active
County: Fairfield
Directions: Lockwood Ave or Seaside Ave to Cove Rd
Source Property Type: Multi-Family For Sale
Source Neighborhood: Cove
Postal Code Plus 4: 6123
Zoning: R6
Property Subtype: 2 Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$174,530 + $134,080
$308,610
$8,385
2021$174,530 + $134,080
$308,610
$8,314
2020$174,530 + $134,080
$308,610
$8,132
2019$174,530 + $134,080
$308,610
$8,132
2018$174,530 + $134,080
$308,610
$7,879
2017$155,800 + $104,930
$260,730
$7,011
2016$155,800 + $104,930
$260,730
$6,810
2015$155,800 + $104,930
$260,730
$6,630
2013$155,800 + $104,930
$260,730
$6,268
2006$124,820 + $52,490
$177,310
$5,440
2005$124,820 + $52,490
$177,310
$5,286
2004$124,820 + $52,490
$177,310
$5,170
2003$124,810 + $52,500
$177,310
$5,085

Listed 2024-04-17
$1,100,000
SMARTMLS
Listing removed 2024-02-03
$0
SMARTMLS
Price Changed 2023-11-02
$995,000
SMARTMLS
Listed 2023-10-05
$1,050,000
SMARTMLS
Sold 2013-11-19
$376,500
Public Record
Listing removed 2013-11-19
$455,000
SMARTMLS
Listed 2013-04-29
$455,000
SMARTMLS
Sold 1999-03-22
$260,000
Public Record

Net Operating Income: 69506
Operating Expense: 14494

Total Square Feet Living: 2496
Year Built: 1976
Above Grade Finished Area: 2496
Attic: Attic Description: Walk-up, Attic YN: Y
Building Exterior Type: Wood
Construction Materials: Frame
Foundation Details: Block
Property Age: 48
House Style: Units are Side-by-Side
Total Area Sqft: 2496

Sewer: Public Sewer Connected
Water Source: Public Water Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.