1115 Essex Place

Stratford, CT 06615

$1,299,800
Price
13
Beds
6
Baths
6,680 Sq. Ft.
$195 / Sq. Ft.
6,680
Sq. Ft.
$195
per Sq. Ft.

Description

Highest and Best Offers Due Monday May 20th by 5pm This 5 Unit multi-family package (compromised of 1039, 1049, 1111, 1113, 1115 Essex Place) gives you your own small investment village! Situated on a 1/2 acre of prime Stratford real-estate, you'll be in the heart of the TOD zone (possibility for expansion). All units are currently rented to amazing long-term tenants who would like to stay. The package consists of two parcels that are side by side (on separate deeds). Building one is a Legally 3...Highest and Best Offers Due Monday May 20th by 5pm This 5 Unit multi-family package (compromised of 1039, 1049, 1111, 1113, 1115 Essex Place) gives you your own small investment village! Situated on a 1/2 acre of prime Stratford real-estate, you'll be in the heart of the TOD zone (possibility for expansion). All units are currently rented to amazing long-term tenants who would like to stay. The package consists of two parcels that are side by side (on separate deeds). Building one is a Legally 3 Family Home. Building two is a Legal 2 Family Home. All units have been updated with white shaker cabinets, stainless steel appliances, granite (or quartz) countertops, hardwood floors, and renovated bathrooms. All units have separate gas and electric meters. The property boasts off-street parking for over 11 cars (plus a 3 car garage). Centrally located close to Paradise Green and Downtown Stratford. Walk to schools, shopping, entertainment, and bus stops. Less than 2 minutes to Stratford's train station and I-95. Amazing cash flow / fantastic cap rate! Don't let this one pass you by. Inquire today! Broker/Owner
  1. Listed by Daniel Thomas • D. Thomas Homes
    P: (203) 520-7390 C: (203) 520-7390 daniel@dthomashomes.com

Property Details for 1115 Essex Place

Basement Description
Full
Direct Waterfront
No
Garages Number
3
Neighborhood
N/A
Style
Other
Garage Parking Info
Detached Garage, Paved, Off Street Parking
Swimming Pool
No

Location

Listing Courtesy of D. Thomas Homes, Daniel Thomas
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LISTING UPDATED: 05/21/2024 01:35 AM

Property Details for 1115 Essex Place

StatusUnder Contract
MLS #24002447
Days on Market8
Taxes$18,347 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built2020
Lot Size0.50 AC / 21,780 SF
CountyFairfield County

Location

Listing Courtesy of D. Thomas Homes, Daniel Thomas
Add your commute

Building Information for 1115 Essex Place

Stories-Residences5Year Built2020Building Size-Lot Size0.50 AC / 21,780 SF

Payment Calculator

$8,622 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,094

Property Taxes

$1,529

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1115 Essex Place

Summary
Property and Location
  • Acres Source: Approximate
  • Directions: Barnum Avenue to Essex Place. Essex Place is a one way street behind Stratford's Town Hall
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.197956
  • Longitude: -73.13362
  • Neighborhood Amenities: Library, Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • State: Connecticut
Parking
  • Parking Total Spaces: 11
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $18,347
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Walk-up
  • Cooling System: Central Air, Window Unit
  • Heat Type: Hot Water
  • Attic YN: Yes
  • Laundry Room Info: All Units Have Hook-Ups
  • Rooms Total: 26
Property
Property and Assessments
  • Construction Description: Frame, Stucco
  • Exterior Siding: Vinyl Siding, Stucco
  • Foundation Type: Concrete, Stone
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 2020
  • Year Built Source: Owner
  • Bank Owned Property: No
  • Sq Ft Description: Combination of Both Buildings
Lot Information
  • Lot Description: N/A
  • Parcel Number: 999999999
  • Sq Ft Est Heated Above Grade: 6680.0
  • Sq Ft Total: 6680.0
  • Zoning: LB (TOD Overlay)
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Other, Tankless Hotwater
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 5
  • Total Rooms Multi Family: 26
Unit 1
  • Lease: Monthly
  • Listing Key: 132A78230D984656E0631401100A3CEA
  • Unit Appliances: Gas Range,Microwave,Refrigerator,Dishwasher,Disposal
  • Unit Average Sq Ft: 990
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 05-21-2024
  • Unit Monthly Rent: $1,850
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Lease Expires: 03-31-2025
  • Listing Key: 132A78230D984656E0631401100A3CEA
  • Unit Appliances: Electric Range,Microwave,Refrigerator,Dishwasher,Disposal
  • Unit Average Sq Ft: 2300
  • Unit Entry Order: 1
  • Unit Full Baths: 2
  • Unit Modified Date: 05-21-2024
  • Unit Monthly Rent: $2,900
  • Unit Num Bedrms: 5
  • Unit Num Rooms: 8
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Monthly
  • Listing Key: 132A78230D984656E0631401100A3CEA
  • Unit Appliances: Gas Range,Microwave,Refrigerator,Dishwasher,Disposal
  • Unit Average Sq Ft: 1200
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 05-21-2024
  • Unit Monthly Rent: $1,495
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 4
  • Lease: Leased
  • Lease Expires: 09-30-2024
  • Listing Key: 132A78230D984656E0631401100A3CEA
  • Unit Appliances: Gas Range,Microwave,Refrigerator,Dishwasher,Disposal
  • Unit Average Sq Ft: 1200
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 05-21-2024
  • Unit Monthly Rent: $1,595
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 5
  • Lease: Leased
  • Lease Expires: 10-31-2025
  • Listing Key: 132A78230D984656E0631401100A3CEA
  • Unit Appliances: Gas Range,Microwave,Refrigerator,Dishwasher,Disposal
  • Unit Average Sq Ft: 990
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 05-21-2024
  • Unit Monthly Rent: $1,750
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant

Schools near 1115 Essex Place

This home is within Stratford School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Stratford Academy - Victoria Soto School
PublicPK to 1

Stratford Academy - Johnson House
Public2 to 6

David Wooster Middle School
Public7 to 8

Stratford High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of D. Thomas Homes, Daniel Thomas

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.