Stamford, CT 06907,19 Ryan Street

$775,000

$850,000

8.8%
Est.Price: ?

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Est. payment /mo

1 Bath

1,978 SqFt


SOLD DATE : 10/04/2024

Key Details

Sold Price $775,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 1,978 sqft

Price per Sqft $391

MLS Listing ID 24041784

Sold Date 10/04/24

Full Baths 1

Year Built 1910

Annual Tax Amount $7,988

Lot Size 5,662 Sqft

Property Description

Welcome to 19 Ryan Street - a unique opportunity with MG Zoning, a rarity in Stamford. This property features a versatile 2-bay garage and single-family home situated on a .13 acre lot. The single-family home includes 2 bedrooms and 1 bathroom within its 978 square feet of living space. While the home is in need of repair, it presents an excellent canvas for customization, or further use of the lot. Currently, the home is rented month-to-month for $1400, providing immediate rental income. The standout feature of this property is the impressive 2-bay garage. Equipped with phase 3 power, 14-foot ceilings, propane heat, air-conditioning, and office space, this garage is ideal for landscapers, welders, auto shops, laundromat, and a plethora of many more industrial/ commercial uses. The garage and parking space are rented month-to-month for $2800, adding to the property's income potential. The property also includes a storage container, which is included. With both structures rented below market rent, there is significant potential for rental increase. All buyers to verify all listing details, building specifications, and zoning usage. Don't miss this rare find with versatile zoning and multiple income streams!

Location

State CT

County Fairfield

Zoning MG

Interior

Heating Hot Air, Radiator

Cooling Central Air

Exterior

Utilities Available Gas

Roof Type Flat

Building

Lot Description Level Lot

Sewer Public Sewer Connected

Water Public Water Connected

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Listed by Stephen Lasko • Compass Connecticut, LLC
Bought with Holly Hawes • Compass Connecticut, LLC

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Osi Rosenberg

Broker | REB.0791464

+1(203) 738-5999

2051 Main St, Stratford, CT, 06615

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