Prevu by reAlpha
BuySellBlogBrowse Listings
700 Summer Street, Stamford CT 09605
Connecticut>Stamford>Downtown Stamford Historic District

700 Summer StreetStamford, CT 09605

For Sale

$1,198,888

Smart Buyer Rebate $11,989

### **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.

Listed by Richard Esman

·

Douglas Elliman of Connecticut

·

(914) 715-4227

Last updated October 10, 2025

·

Source: SmartMLS #24077913

Listing Facts

  • TypeCondo
  • NeighborhoodDowntown Stamford Historic District
  • Bedrooms4
  • Bathrooms3
  • Days on Prevu282
  • HOA/Maint. Fees$1,452/month
  • Taxes$5,929/year
  • Size2,125 sqft
  • Price per sqft$564

Amenities

  • Laundry in Building

Location

Mortgage Calculator

Listing History

08/02/2025
Price Decreased
$1,198,888
03/03/2025
Listed by Douglas Elliman of Connecticut
$1,300,000

Property Details for 700 Summer Street

Association

Fees

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Heat

Exterior

Construction

  • New Construction: No/Resale
  • Number Of Units Total: 113
  • Year Built: 1961
  • Year Built Details: Public Records
  • Architectural Style: Mid Rise
  • Construction Materials: Brick
  • Exterior Features: Balcony

Features

  • Waterfront Features: Not Applicable

Measurements

  • Lot Features: City Views

Financial

Taxes

  • Parcel Number: 999999999
  • Tax Annual Amount: $5,929.00
  • Tax Year: 24

Interior

Features

  • Appliances: Gas Cooktop, Oven/Range, Refrigerator, Freezer, Dishwasher

Rooms

  • Basement: Full, Shared Basement
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • Rooms Total: 8

Parking

Parking

  • Attached Garage: None, Unassigned Parking
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Davenport Ridge

High School

  • High School: Westhill

Middle or Junior School

  • Middle Or Junior School: Rippowam

Utilities

Equipment

  • Cooling: Wall Unit
  • Heating: Radiator
  • Laundry Features: Common Laundry Area
  • Sewer: Public Sewer Connected
  • Water Source: Public Water Connected

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 4 bedrooms and 3 bathrooms in this condo at 700 Summer Street.

What schools are nearby to 700 Summer Street?

Nearby schools include the Davenport Ridge Elementary School, Rippowam Middle School, and Westhill High School.

Does this condo have parking?

Yes, there are 2 parking spaces available for 700 Summer Street.

What are the annual taxes for 700 Summer Street?

Annual taxes for this condo are estimated at $5,929.

How does 700 Summer Street compare to other condos in Downtown Stamford Historic District?

This condo is listed 8% below the average price for condos in Downtown Stamford Historic District and has been on the market for 265 more days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the Summer Condominium (700) building.

What is the square footage on this condo?

According to the MLS, this listing is 2,125 sqft.

700 Summer Street is a 4-bedroom, 3-bath condo for sale in Stamford CT 09605. On Prevu for 282 days at $1,198,888. This includes a recent price decrease of $101,112. This residence features 2,125 square feet of living space, located in Stamford. The median listing price for condos in this area is $1,300,000. Nearby schools include Davenport Ridge Elementary School, Rippowam Middle School, and Westhill High School. Additional amenities include laundry in building. View other condo listings in Stamford.

The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.