$775,000
$850,000
8.8%For more information regarding the value of a property, please contact us for a free consultation.
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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Holly Hawes • Compass Connecticut, LLC
GET MORE INFORMATION
Broker | REB.0791464