PRICE: $2,400,000

Stratford, CT

DETAILS

NO. UNITS

9

APPROX. SF

8,400

PRICE / SF

$286

PRICE / UNIT

$266,667

PRICE

$2,400,000

CONTACT

Daniel Shawah
203-521-6348

PROPERTY DESCRIPTION

Baldwin Pearson & Co, Inc. is excited to introduce 2336 Barnum Avenue Stratford, CT to the market. This rare, multi building property features a fully renovated, corner mixed use property containing five apartments and two ground floor retail units and a rear two family house containing two three bedroom apartments.

The unique opportunity features three income streams, with all spaces in both properties fully updated, and no deferred maintenance whatsoever. This property is located on a prime, high-traffic corner of Stratford and is perfect for investors seeking a low-maintenance, high-yield asset with built-in diversification.

Select Property Highlights:

  • Fully renovated, turn-key buildings with all major capital improvements completed and no deferred maintenance
  • Well crafted unit layouts appealing to a wide range of tenant profiles, ideal for professionals, students, or families
  • Newly signed 5- and 10-year leases secured on both commercial units, each backed by substantial security deposits and personal guarantees — offering the new owner long-term stability and reliable cash flow
  • All units in the property are separately metered for utilities reducing landlord expenses
  • This property can be sold together with 1874 Barnum Avenue, a renovated mixed use property, a few blocks away on the corner of Barnum Avenue and Barnum Terrace