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Investment Highlights

  • Desirable Mirror Side by Side Units
  • Close to Metro North Train
  • Each Have Central Air, Laundry, and 2-Car Garages

Executive Summary

Cap is Proforma - Well-maintained side-by-side two-family in Byram featuring two mirror-image units, each offering 2 bedrooms and 1.1 baths. Spacious layouts include living rooms, eat-in kitchens with breakfast areas, and private outdoor space. Each unit offers hardwood floors, central air, in-unit laundry, and a 2-car tandem garage with driveway. Benefit from Greenwich's extremely low property taxes while living in one unit and offsetting costs with rental income from the other. Ideally located in Byram, one of Greenwich's fastest-growing areas, just minutes to Metro-North for an easy NYC commute, with continued upside and long-term value.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $181,830 $53.61
Other Income - -
Vacancy Loss $5,455 $1.61
Effective Gross Income $176,375 $52.00
Taxes $9,253 $2.73
Operating Expenses $19,069 $5.62
Total Expenses $28,321 $8.35
Net Operating Income $148,054 $43.65

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $181,830
Annual Per SF $53.61
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $5,455
Annual Per SF $1.61
Effective Gross Income (CAD)
Annual $176,375
Annual Per SF $52.00
Taxes (CAD)
Annual $9,253
Annual Per SF $2.73
Operating Expenses (CAD)
Annual $19,069
Annual Per SF $5.62
Total Expenses (CAD)
Annual $28,321
Annual Per SF $8.35
Net Operating Income (CAD)
Annual $148,054
Annual Per SF $43.65

Property Facts

Price $2,686,125 CAD
Price Per Unit $1,343,063 CAD
Sale Type Investment
Cap Rate 6%
No. Units 2
Property Type Multifamily
Building Size 3,392 SF
No. Stories 3
Year Built 1995
Parking Ratio 1.77/1,000 SF
Zoning R6 - R6 - The Greenwich Multifamily Zone

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 1 $6,888 CAD 1,696
2+1.5 1 $8,265 CAD 1,696
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
GREE-000007-000000-001863-S000000
Land Assessment
$728,780 CAD (2025)
Improvements Assessment
$313,478 CAD (2025)
Total Assessment
$1,042,258 CAD (2025)
Annual Taxes
$9,253 CAD ($2.73 CAD/SF)
Tax Year
2026
  • Listing ID: 40194911

  • Date on Market: 2026-04-17

  • Last Updated:

  • Address: 21 Division St, Greenwich, CT 06830

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