88 Horton Street, Stamford CT 06902

Welcome to 88 Horton Street. 1st time on market. Located in the Heart of the Cove, a beautiful & popular waterfront section of Stamford w/in walking distance to Cove Island Park, Beach, Ice Rink, Softball, walking paths, boat launch, etc. Minutes to Chelsea Piers, downtown Stamford, RR station & I-95. Each spacious apt has 3 bedrooms, living & dining room, eat-in kitchen, bathroom, deck & laundry hookups. Upper apt has access to full attic, lower apt has access to huge unfinished walkout basement. Huge walkout Basement (with Bathroom) is perfect for a handy person containing a work room & large craftmans table, tools, etc. Separate Utilities: gas heat, gas hot water heaters (50gal) & electric meters. There is plenty of parking with the private driveway & street parking on both sides of Horton St. This perfectly located home is a great opportunity for an investment property renting both units (est: 7.5% ROI), owner occupant with rental income to help pay the costs of ownership or the multi-generational family living in both units. An incredible opportunity to own real estate. Sale is subject to Probate Approval and is sold in As Is Where Is condition.

Financial Analysis (ROI) is based on Estimated Rental Monthly Income of $3,500 per unit; estimated expenses of $17,000 (taxes, prop.ins., water, sewer)and Net Income of $67,000.