7 unit Investment Opportunity at an 8%+ CAP. Value Add Opportunity, Rent Upside Potential, Separate, Tenant Paid Utilities, and ATTRACTIVE OWNER FINANCING UP TO 85% LTV all makes this an excellent opportunity for both investors or owner occupants! 2 Adjacent Parcels on a corner lot totaling .31 acres. 2190 Barnum Ave is comprised of 2 single family homes, each with 3 beds, 1 bath, washer and dryer, and a covered front porch. One home was totally renovated 5 years ago, the other is in need of renovation. The second parcel, 2178 Barnum Ave, is on a corner lot and consists of (3) 2 bedrooms, (1) 1 Bedroom and (1) Studio. The studio and 1 bedroom unit have newer windows, boilers and appliances. The (3) 2 bedrooms each have washer and dryer hookups, vinyl replacement windows, and secure storage area for each unit in the basement. There is ample off street parking for the corner lot with a 1-car detached garage currently being used as storage by the owner.
Off market
Street View
Zestimate®
$717,600
2178 Barnum Ave, Stratford, CT 06615
--beds
0baths
3,905sqft
MultiFamily
Built in 1890
-- sqft lot
$717,600 Zestimate®
$184/sqft
$2,514 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Gas
Cooling
- None
Features
- Windows: Thermopane Windows
- Basement: Unfinished, Full
Interior area
- Total interior livable area: 3,905 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Shingle (Not Wood), Brick
- Waterfront features: Not Applicable
Lot
- Features: Level, Corner Lot
Details
- Zoning: CA
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
Materials
- Roof: Asphalt
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Stratford
HOA & financial
Other financial information
- Total actual rent: 715000
Other
Other facts
- Sewer: Public Sewer
- Heating: Forced Air, Natural Gas, Hot Water
- Roof: Asphalt
- GarageYN: true
- Basement: Unfinished, Full
- AssociationYN: 0
- HeatingYN: true
- ConstructionMaterials: Frame, Brick, Shingle Siding
- NumberOfUnitsTotal: 7
- LandLeaseAmountFrequency: Monthly
- LotFeatures: Level, Corner Lot
- Zoning: CA
- ParkingFeatures: Off Street, Detached Garage, On Site
- YearBuiltSource: Public Records
- WindowFeatures: Thermopane Windows
- FoundationDetails: Concrete
- WaterSource: Public Water Connected
- WaterfrontFeatures: Not Applicable
- ArchitecturalStyle: Units on different Floors
- TotalActualRent: 715000.00
- GrossIncome: 89490
- NetOperatingIncome: 57216
- OperatingExpense: 32274
- MlsStatus: Show
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$717,600
2% more+$14,352
With Zillow Showcase(estimated)$731,952