Stratford, CT

DETAILS

NO. UNITS

7

APPROX. SF

7,800

PRICE / SF

PRICE / UNIT

PRICE

CONTACT

Daniel Shawah
203-521-6348

PROPERTY DESCRIPTION

Baldwin Pearson & Co, Inc. is excited to introduce 1874 Barnum Avenue Stratford, CT to the market. This property is a fully renovated, turn-key mixed-use property located on a highly visible and heavily trafficked corner — ideal for all investors. This impressive asset features 6 modern residential apartments above a ground-floor retail space, offering stable rental income and strong upside potential. The retail unit enjoys excellent street exposure and is perfect for a variety of tenant types. With updated systems, contemporary finishes, and immediate cash flow, this property is a rare find in a high-demand area.

Select Property Highlights:

  • Designer inspired apartment layouts that maximize space, functionality, and contain brand new appliances and finishes
  • Low maintenance asset and extremely energy efficient property featuring brand new windows
  • Excellent corner in one of Stratford’s most desirable rental locations, on the corner of Barnum Avenue and Barnum Terrace and minutes from downtown Stratford, beaches, shops, bars and restaurants
  • Diverse unit mix featuring five 3 bedroom apartments and one 1 bedroom apartment appeal to all tenant profiles
  • Expiring lease on the ground floor retail space allows a new owner to dramatically increase the rent roll
  • The building is entirely separately metered utilities for increase efficiency and lower landlord costs
  • This property can be sold together with 2336 Barnum Avenue, a fully renovated mixed use property a few blocks away on the corner of Barnum Avenue and Bruce Avenue