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32 Josephine Evaristo Ave 2 Unit Apartment Building Offered at $1,372,045 CAD at a 5.94% Cap Rate Greenwich, CT 06830



Executive Summary
Unique two-family opportunity offering immediate income and future redevelopment potential. The existing up/down two-family features 4 bedrooms, 2 baths and approximately 1,909 SF, plus basement and garage. Ideal for an investor, owner-occupant and or developer. The upper unit is currently rented at $3,000/month on a month-to-month basis, while the first-floor unit was previously rented for $2,650/month, offering potential gross annual income of $67,800. Situated on approximately .12 acres in the R-6 zone with public water and sewer. Potential redevelopment opportunity for a new side-by-side two-family residence, subject to zoning, Town approvals and buyer due diligence. An opportunity to generate income today while exploring the property's longer-term potential.
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$93,492
|
$48.97
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$93,492
|
$48.97
|
| Taxes |
$7,832
|
$4.10
|
| Operating Expenses |
$4,137
|
$2.17
|
| Total Expenses |
$11,969
|
$6.27
|
| Net Operating Income |
$81,523
|
$42.70
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $93,492 |
| Annual Per SF | $48.97 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $93,492 |
| Annual Per SF | $48.97 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,832 |
| Annual Per SF | $4.10 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $4,137 |
| Annual Per SF | $2.17 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $11,969 |
| Annual Per SF | $6.27 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $81,523 |
| Annual Per SF | $42.70 |
Property Facts
| Price | $1,372,045 CAD | Lot Size | 0.12 AC |
| Price Per Unit | $686,023 CAD | Building Size | 1,909 SF |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 5.94% | Year Built | 1906 |
| No. Units | 2 | Parking Ratio | 1.05/1,000 SF |
| Property Type | Multifamily |
| Price | $1,372,045 CAD |
| Price Per Unit | $686,023 CAD |
| Sale Type | Investment |
| Cap Rate | 5.94% |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.12 AC |
| Building Size | 1,909 SF |
| No. Stories | 3 |
| Year Built | 1906 |
| Parking Ratio | 1.05/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $3,654 CAD | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Somewhat bikeable
30/100
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32 Josephine Evaristo Ave
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