10 Elmwood Street
Stamford, Connecticut

Description:

*H&B due by Tuesday, June 24 at Noon* Welcome to a true unicorn of an investment opportunity - 10 Elmwood Street. This rare 3-family property features three side-by-side townhouse-style units, each offering 3 bedrooms, 1.5 baths, private entrances, and over 1,115 sq ft of living space. Each unit includes finished or finishable basement space with laundry. Long-term tenants are in place, all on leases through October 2025, and consistently pay on time. While current rents are well below market value, each unit has the potential to generate over $3,000/month with updates - plus, there's an additional garage on the property that offers extra potential rental income. Investors, this is your chance to own a multi-family property with tons of upside and imagination. New gutters installed in 2024 as well as new kitchen floors in each unit. The property needs some TLC, but the bones are strong and the income potential is huge. Properties like this simply don't hit the market often - especially at this price point. Whether you're looking to hold, renovate, or maximize profits, 10 Elmwood Street checks every box. See it quickly-this one won't last!

Listing Courtesy of William Raveis Real Estate