Property Description
National Multifamily is pleased to present 16 Wilson Street, a three-unit multifamily property located on the West Side of Stamford. The property is situated approximately one mile from the Stamford Train Station, a major regional transit hub providing convenient access to New York City via Metro-North, Amtrak, and local bus service.
The 3-unit multifamily property contains approximately 3,867 square feet of gross living area. Constructed in 1925, the building is situated on a 0.11-acre lot. There are 4 off-street parking spaces for the tenants. Tenants pay for heat and hot water through individual gas boilers and hot water heaters in two of the units and electric heat with gas hot water in one unit. In addition to the units there is a partially finished basement that is currently not in use.
The building offers strong value-add potential through natural unit renovations, the possibility to incorporate a partially built out basement to the 1st floor apartment, and the opportunity to generate additional income through parking, all within a highly accessible West Side location approximately one mile from Stamford Train Station.
