Property Description
National Multifamily is pleased to present a two-property, 6-unit multifamily portfolio located in Stamford, CT, consisting of 16 Wilson Street and 50 Alden Street. Both properties are 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.
16 Wilson Street is a 3-unit multifamily property containing 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.
50 Alden Street is a 3-unit multifamily property containing approximately 2,640 square feet of gross living area. Built in 2019, the property is situated on a 0.12-acre lot. There are 4 off-street parking spaces located in the rear. Tenants pay for heat and hot water through individual gas FHA systems and hot water heaters. Each unit also has central A/C. Coin-op laundry is located in the common basement.
The portfolio offers a compelling combination of value-add potential at 16 Wilson Street, new construction at 50 Alden Street, and the opportunity to generate additional income through parking, all within a highly accessible West Side location approximately one mile from Stamford Train Station.
