Under Contract

12 Adams Avenue

Stamford CT, 06902

$685,000


$370.07 per sqft

Under Contract

5 Beds

2 Baths

1,851 sqft

Multi-family

Built in 1862

Exceptional Investment Alert: a standout multifamily property, has been repositioned to $685,000 - seize this remarkable investment opportunity. 12 Adams Avenue, a multi-family property situated in the bustling heart of downtown Stamford. Walking distance away from shopping centers, train station, bus lines, UCONN campus, restaurants, and serene Mill River Park. This income generating asset presents a lucrative opportunity for investors, savvy homebuyers looking to offset their mortgage with rental income, or multi-generational living. Both units have undergone renovations, featuring freshly painted interiors, recently finished gleaming hardwood floors, and updated modern eat in kitchen & baths. The Spacious and inviting front unit includes four generously sized bedrooms, living room, dining room, and a fully equipped kitchen. The rear unit with private entrance is updated & efficient with a kitchen and bedroom, ideal for tenants/ additional rental income. The generous backyard offers additional space for potential expansion, increasing the property's value and rental income possibilities. The generous side yard leaves ample room for the addition of a potential driveway. The basement accessible to both units provides substantial storage space. 12 Adams Avenue is more than just a property; it's a smart investment in one of Stamford's most desirable locations. Capitalize on this turnkey opportunity to own a piece of Stamford's vibrant community.

170622012

MLS ID

February 1, 2024

Listed

April 1, 2024

Updated

Map

12 Adams Avenue
Stamford CT, 06902

Interior Features

Bedrooms

5 Beds


Bathrooms

2 Baths


Appliances

Gas Water Heater


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Electric, Natural Gas, Radiant

Exterior/Building Features

Lot Size

0.15 Acres


Architectual Style

Other


Roof

Asphalt


Sewer

Public Sewer

School Information

High School

Westhill


Elementary School

Hart Magnet

Other Property Details

Area Name

West Side


Taxes

$9,257


Tax Frequency

Annually


Days on Market

54


Garage

No


Parking

On Street


View

Yes


View Description

City


County

Fairfield


Water Source

Public


Pool

No


Zoning

R5

Listing History

Date

Event

Price

3/3/2024

Under Contract

2/13/2024

Price Change

$685,000

-15%

2/6/2024

Active

Listed by Tara Chlupsa with Coldwell Banker Realty
Listing Contact: 2038298418 

The IDX display contains information sourced from the  Smart MLS, Inc as of 4/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 4/1/2024 at 7:10 PM UTC

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