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1874 Barnum Ave 6 Unit Apartment Building $2,861,636 CAD ($476,939 CAD/Unit) 7.26% Cap Rate Stratford, CT 06614
INVESTMENT HIGHLIGHTS
- Designer inspired apartment layouts that maximize space and functionality with brand new appliances and finishes
- Excellent corner location on heavily trafficked retail corridor
- Low maintenance asset and extremely energy efficient featuring brand new windows
- Separately metered
EXECUTIVE SUMMARY
Baldwin Pearson & Co, Inc. is excited to introduce 1874 Barnum Avenue Stratford, CT to the market. This property is a fully renovated, turn-key mixed-use property located on a highly visible and heavily trafficked corner — ideal for all investors. This impressive asset features 6 modern residential apartments above a ground-floor retail space, offering stable rental income and strong upside potential. The retail unit enjoys excellent street exposure and is perfect for a variety of tenant types. With updated systems, contemporary finishes, and immediate cash flow, this property is a rare find in a high-demand area.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 5 | - | 1,000 |
| 1+1 | 1 | - | 550 |
1 1
Walk Score®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | STRA-000309-000005-000007 | Total Assessment | $445,998 CAD (2025) |
| Land Assessment | $162,002 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $283,996 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
STRA-000309-000005-000007
Land Assessment
$162,002 CAD (2025)
Improvements Assessment
$283,996 CAD (2025)
Total Assessment
$445,998 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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1874 Barnum Ave
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