Riverside Townhouses
Multi-Family
for Sale
| Catylist Listing ID: |
30678743 |
| Property Subtypes: |
Duplex/Fourplex
|
| Number of Units: |
4 Units |
| Building Size (RSF): |
14,000 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.54 Acres
|
| Sale Price: |
$5,965,000 |
| Unit Price: |
$1,491,250 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/25/2021 |
Overview / Comments
|
Academic co-Realty Services is proud to represent a cluster of four new luxury townhouses at 8 Sound Beach Avenue Extension in the Riverside neighborhood of Greenwich, Connecticut. The fully leased townhouses are available for $5.965M, at a capitalization rate of 6.0% on a pro forma basis. The large townhouses are 3,500 square feet each, featuring 4 bedrooms, large bonus room, 4.5 baths, central heat and air, two car garages, and backyards with privacy walls. The square footage includes a finished basement with full bath. Located in the heart of Riverside, the townhouses are in walking distance to Walgreens, Edge Fitness, Staples, and the shops at Riverside Commons, including Starbucks, Chipotle, CVS, US Post Office, and Acme Markets. Easy access to I-95, the Downtowns of Greenwich and Stamford via Route 1, and Old Greenwich via Sound Beach Ave, all just minutes away.
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Additional Details
| Nearest MSA: |
Bridgeport-Stamford-Norwalk |
| County: |
Fairfield |
| Tax ID/APN: |
12-1662/S |
| Zoning: |
R-6 |
| Percent Occupied: |
100% |
| Highway Access: |
Interstate 95, Exit 5 |
| Total Number of Buildings: |
2 |
| Property Condition: |
Excellent |
| Number of Stories: |
3 |
| Year Built: |
2019 |
| Roof Type: |
Gable |
| Construction/Siding: |
Stone, Wood Shingle |
| Parking Description: |
2 car garage per unit and one exterior space. |
| Total Parking Spaces: |
8 |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Fuel: |
Gas |
| Internet Access: |
Cable |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
19,224 |
112,963 |
199,898 |
| Median Age: |
38.18 |
38.07 |
38.4 |
| Households: |
6,866 |
43,979 |
74,806 |
|
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