144 Colonial Road

Great Investor Opportunity in as-is sale by Out -of-State Seller with Option of Owner backed financing at 4.5%-5% range w/25%-30% down. Owner inherited multi-family property and lives out-of- state will provide seller backed financing at lower than market mortgage rates. Home is updated to a move-in-ready condition. New Total Interior Fresh Paint, New Kitchens with Quartz countertops and LVP Flooring, New Bathrooms, both have Tubs and Shower combo w/Glass Sliding Doors, both units have New Appliances:2 Gas Ranges,2 Fridges, 2W/D, Newly refinished hardwood flooring, New Roof on home and on 2-car Garage, Garage also has New Vinyl Siding and New Garage doors, New Asphalt Driveway with New adjacent gravel parking for additional cars. Newly Floored Walk up attic for additional storage, 2 New Window unit A/C for each floor, Newly refurbished Windows, New Wood plank Blinds Throughout, New lighting fixtures. Everything has been refreshed so the new owner can step in with minimal work. The layout works well for several scenarios: live in one unit while accepting a secondary strong cash flow or as an investment property roughly grossing 8% return with market rent roll. Excellent location in the Glenbrook section of Stamford. Walking Distance to Glenbrook Train, The Congregation Agudath Sholom Orthodox Synagogue and The Young Israel of Stamford, easy access to healthcare, medical facilities, parks, beaches, restaurant, shopping, library, commuter friendly to all Stamford Amenities. Each Unit is 960 sf, with 2 bed, 1 bath, Kitchen, and Living/ Dining room combo. The Attic is accessible from the second floor landing, and is separate from the second floor unit. The door is adjacent to the 2nd floor unit. The owner finished the attic with flooring, so as to provide additional storage. This second floor unit , also has access to an exterior front facing balcony. The Basement is accessible from the rear entry landing, it is also separate of both units. It has this interior entry as well as an exterior Bilco door. The W/D are in the basement. The Hot Water Heaters were replaced in 8/2024. Out-of-State Owner is offering seller backed financing. Underground oil tank removed, and mostly remediated, with work on file . Please call broker for more info.