Stamford, Connecticut 06905
INTRODUCING 26 Nichols Avenue, an exceptional investment opportunity and the ONLY MULTI-FAMILY property located in Stamford's desirable Mid-Ridges neighborhood. COMPLETELY REBUILT to the studs in 2018, this turnkey 2-family/6-bedroom home offers approximately 2,486 square feet with two beautifully updated units, making it ideal for investors or owner-occupants seeking rental income. The 1st-floor unit features 3 bedrooms, 2 full baths, hardwood floors, updated kitchen, rear deck, and direct access to the level backyard. The upper duplex unit spans the 2nd and 3rd floors, offering 3 bedrooms/2 baths, plus a home office, including a private 3rd-floor primary suite with full bath. Both units feature central air, propane heat and cooking, separate utilities, private washer/dryers, stainless appliances, divided garage storage, and separate rear decks for outdoor entertaining. Exterior includes new roof and gutters, vinyl siding, new decks and rear stairways. Off-street parking accommodates 5 vehicles (2 front, 3 rear). Projected gross annual income of $80-$85,000 with current annual expenses of just $22,671 offers strong cash-flow potential. Conveniently located near shopping, dining, parks, public transportation, and major commuting routes.Whether you're expanding your investment portfolio or looking to offset your mortgage by living in one unit and renting the other, 26 Nichols Ave is a rare, fully renovated opportunity in one of Stamford's most sought-after neighborhoods.
On market 9 days
30-year fixed. Includes taxes; estimates only.
Map location is based on the property address.
Listing information is deemed reliable but not guaranteed and is sourced from the local MLS feed. Brokerage shown: 3548.
For Sale
Multi-Family
Stamford, Connecticut 06902
For Sale
Multi-Family
Stamford, Connecticut 06902
For Sale
Multi-Family
Stamford, Connecticut 06902
For Sale
Multi-Family
Stamford, Connecticut 06906
