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
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