$1,045,000

About This Property

Rare riverfront 4-family compound on an oversized 0.20-acre lot along the scenic Mill River corridor, directly across from Scalzi Park! This grandfathered R-5 zoned gem is an exceptional find for Savvy Investors and House-Hackers seeking an income-producing property or Lifestyle Visionaries escaping the concrete blocks of NYC. Every unit features a highly rentable 1 loft-style BR (converted from 2 beds), FR, Kitchen & 1-bath. Two units on one wing are occupied by the owner - will deliver vacant at closing. An ultimate setup could be to live in one wing while letting the remaining 2 units pay your mortgage. The building stands 120 ft back from the watercourse, completely clearing Stamford's strict 100-ft regulated wetland buffer for hassle-free updates. 4 new gas meters (2024), 3 tankless water heaters (2015), updated electric panels (2012), 30 double-pane windows (2011). The level lot professionally curated & landscaped for over 25 years that is framed by mature plantings creates a profound sense of privacy and offers a tranquil backyard retreat sanctuary with guaranteed, permanent views. Located a short 0.5 to 1.5-mile stroll from downtown dining, the library, and the Stamford Train Station (~50 mins to NYC), this address perfectly serves the region's growing commuter and vibrant artist community seeking a peaceful, biophilic live-work atelier. More details on: MillRiverBrickBuilding.com