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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
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 -
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Somewhat bikeable
30/100
  • Listing ID: 42064551

  • Date on Market: 2026-09-05

  • Last Updated:

  • Address: 32 Josephine Evaristo Ave, Greenwich, CT 06830

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