600 Silver
Stratford, CT 06614

Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 33 BR
Bathrooms: 22
Pets: Pets Unknown
Area: 2100 sq ft

Financials

Price: $1,490,000
Annual Taxes: $28,540
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Stephen Shapiro of Davis Owen Real Estate

Description

Calling all developers and investors, if you're looking for a nice safe investment in a mid-size project this is it! Previously marketed with just the 9 condos lots, seller is now willing to take offers on the entire development. The one existing finished house is not available. What you get are the rights to construct 9 brand new detached single-family condominiums. Each unit is 3 bedrooms, 2.5 baths and features vaulted ceilings, attached two car garage and a full basement. In addition, the 6-unit apartment building is now for sale as well. This building was the original church on the property. The building needs to be remodeled on the interior and some additional work to the exterior, but the bones are very solid, and conversion will be a very quick process compared to a new build. You can build and sell the condominiums, re-coup your capital and keep the 6-unit apartment building or build and keep the whole 15-unit project with great monthly cash flow. Come take advantage of this rare investment opportunity today.

Amenities

  • Central Air
  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -

Calling all developers and investors, if you're looking for a nice safe investment in a mid size project this is it !


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