14 N Water St - Apartments FOR SALE


Greenwich, CT 06830
$1,730,000 USD
203-940-2666
14 N Water St, Greenwich, CT for Sale
$1,730,000 USD
Apartments - FOR SALE
1/24
null | Request Cap Rate

14 N Water St
Greenwich, CT 06830


HIGHLIGHTS

  • Easy Access to Metro North Train
  • Downtown Byram (Brooklyn Like Area of Greenwich)
  • In Heart of Shopping and Emerging Area

OVERVIEW

In a Greenwich Market that sees very few 3 family homes, don't miss this rare opportunity in the downtown Byram area to create immediate cashflow and benefit from long term appreciation. The building consists of 3 Apartments; Unit 1: 1st Floor - 2 Bed/1 Bath | Unit 2: 2nd & 3rd Floor - 3 Bed/2 Bath | Unit 3: Lower Level - 1 Bed/1 Bath - For a savvy investor it's prime to achieve strong market rent of $9,500/m. Byram is emerging with a quickly growing demand for renters. It's because of its proximity to the train, access to all of the Greenwich amenities, and proximity to entertainment in Port Chester, NY. Live in one unit and rent out the rest to supplement your mortgage and enjoy extremely low taxes. In a commercial zone. Hold a valuable piece as Byram continues to emerge.

FOR SALE DETAILS

PRICE

$1,730,000 USD

PRICE/SF

$1,153 USD /SF

# OF UNITS

3

PRICE/UNIT

$576,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3 Unit Residential in Commercial Zone

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1894

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,009 SF

ZONING

LBR-2

APN/PARCEL ID

GREE-000004-000000-001486-S000000

ASK ABOUT THIS PROPERTY

Mike ParelliMike Parelli Real Estate LLCMore Info
203-940-2666

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Mike ParelliMike Parelli Real Estate LLCMore Info
203-940-2666

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.