700 Summer Street Stamford, CT $ 1,198,888
700 Summer Street
$ 1,198,888
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700 Summer Street

Stamford, CT, 09605
$ 1,198,888
Bedrooms4 Baths3.0 Sq 2,125

Monthly Estimate*

$ 7,480

700 Summer Street, Stamford, CT 09605 - Image 1

Condo for sale in Stamford, CT

for $1,198,888 with 4 bedrooms and 3 full baths. This 2,125 square foot condo was built in 1961.

### **Downtown Stamford Investment Portfolio - 3 Income-Producing Condos**### **Offered as a Turnkey Package | Listing Price: $1,198,888** **Monthly Rental Income: $7,700 | Annual Income: $92,400** **Total Living Area: Approx. 2,125 Sq Ft | Monthly Maintenance: $1,452 | Annual Taxes: $5,929** **Property Overview:** An exceptional opportunity to acquire a portfolio of **three fully leased 2-bedroom, 1-bathroom condominiums** in the heart of **Downtown Stamford**. This rare package deal offers immediate cash flow, a diversified lease structure, and strong long-term appreciation potential in one of Connecticut's most vibrant urban markets. **Unit Breakdown:** - **Total Units:** 3 - **Lease Terms:** - 1 Unit: Long-Term Lease - 2 Units: Annual Leases **Investment Highlights:** - **Consistent Income Stream:** $7,700/month across all units - **Strong Tenant Mix:** Stable occupancy with a blend of long-term and annual leases - **Low Overhead:** Reasonable monthly maintenance and property tax obligations - **Prime Location:** - Steps from Stamford's premier shopping, dining, and entertainment - Easy access to Metro-North and Amtrak for seamless NYC and other destinations - High-demand rental area with strong appreciation trends **Why This Portfolio Stands Out:** This downtown goldmine is ideal for investors seeking a hands-off, income-generating asset in a thriving location. Summary: Whether you're expanding your portfolio or entering the Stamford market, this three-unit condo package delivers a balanced investment with strong upside potential. With stable tenants in place and a location poised for continued growth, this is a smart move for any serious investor.

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Condo Active

Price

$ 1,198,888

Bedrooms

4

Full Bath

3

Property Type

Condo

Taxes

$ 5,929

Style

Year Built

1961

Town/City

Stamford

MLS | Web ID

24077913

Features
General
Zoning MZN
Neighborhood Mid City
County Fairfield
Tax Year July 2024-June 2025
Property Type Condo/Co-Op For Sale
Status Active
Directions 700 Summer Street Stamford Public Street Parking available
High School Westhill
City Stamford
Elementary School Davenport Ridge
Sq Ft Total 2125
DOM 221
Year Built 1961
Complex Summer Condominium (700)
Style Mid Rise
Year Built Source Public Records
Association Fee Includes Grounds Maintenance Trash Pickup Heat
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Interior
Cooling System Wall Unit
Total Number of Units 113
Total Rooms 8
Basement Description Full Shared Basement
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Exterior
Water Source Public Water Connected
Lot Description City Views
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* Excluded Features
List By
Richard Esman

Listing Agent

Douglas Elliman Of Connecticut

Broker

Richard.Esman@Elliman.com

Email

Affordability Calculator

$7,974
Per Month
94%
6%
0%
Monthly Principal & Interest
$7,480
Monthly Property Taxes
$494
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3041930 Elementary School
4769969 Middle School
Westhill High School High School
Pricing History
DatePricePrice ChangeDescription
8/1/2025$1,198,888 -7.78% Price Down
6/25/2025$1,300,000 Listed Price

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700 Summer Street, Stamford, CT, 09605 is a Condo for sale at $1,198,888 with 2,125 sqft. 700 Summer Street has 4 bedrooms, 3.0 baths, and was built in 1961. The property's zip code is 09605 which is in Stamford, CT