26 Nichols Ave, Stamford, CT

House

For Sale

Listed price in listed location currency (USD).

$1,100,000

646

MLS® 24203535

Overview

Key Facts

Type Duplex

Levels Residential Income

Size 2486 sqft

Garage

Taxes $14,600

Days Active 0

Lot Size 0.14 Acres

Approx. Age 1927

Avg. Price Per Sqft $442

MLS® Number 24203535

Property Address: 26 Nichols Ave, Stamford, CT, 06905-2226

Average square foot calculated using Size range provided by listing agent.

Description

INTRODUCING 26 Nichols Avenue, an exceptional investment opportunity and the ONLY MULTI-FAMILY property located in Stamford's desirable Mid-Ridges neighborhood. COMPLETELY REBUILT to the studs in 2018, this turnkey 2-family/6-bedroom home offers approximately 2, 486 square feet with two beautifully updated units, making it ideal for investors or owner-occupants seeking rental income. The 1st-floor unit features 3 bedrooms, 2 full baths, hardwood floors, updated kitchen, rear deck, and direct access to the level backyard. The upper duplex unit spans the 2nd and 3rd floors, offering 3 bedrooms/2 baths, plus a home office, including a private 3rd-floor primary suite with full bath. Both units feature central air, propane heat and cooking, separate utilities, private washer/dryers, stainless appliances, divided garage storage, and separate rear decks for outdoor entertaining. Exterior includes new roof and gutters, vinyl siding, new decks and rear stairways. Off-street parking accommodates 5 vehicles (2 front, 3 rear). Projected gross annual income of $80-$85, 000 with current annual expenses of just $22, 671 offers strong cash-flow potential. Conveniently located near shopping, dining, parks, public transportation, and major commuting routes.Whether you're expanding your investment portfolio or looking to offset your mortgage by living in one unit and renting the other, 26 Nichols Ave is a rare, fully renovated opportunity in one of Stamford's most sought-after neighborhoods.

MLS® Number24203535

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1927

BasementFull, Storage, Partially Finished, Walk-out, Concrete Floor

DrivewayParking Lot, Off Street Parking, Driveway

Garage Spaces

HeatPropane, Hot Air

A/CCentral Air, Heat Pump

Extras

Map

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