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$849,000
Est. payment /mo
4 Beds
5 Baths
3,667 SqFt
Under Contract
111 Grove Street Stamford, CT 06901
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Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,667 sqft
Price per Sqft $231
MLS Listing ID 24151409
Style Units on different Floors,Units are Side-by-Side
Bedrooms 4
Full Baths 5
Year Built 1897
Annual Tax Amount $10,716
Lot Size 9,147 Sqft
Property Sub-Type 4 Family
Property Description
Prime downtown Stamford redevelopment opportunity on a 0.21-acre lot located in an RMF zone. This 3,667 sq ft four-family building is being marketed primarily for its land value and long-term development potential, making it well-suited for builders, developers, and investors seeking to create new residential product in a high-demand urban location. The property is configured with four 1-bedroom, 1-bath units, with the fourth unit offering access to a finished attic that includes an additional full bathroom, providing flexibility in future design or redevelopment concepts. The site presents strong potential for townhouse-style or multi-unit redevelopment, subject to buyer due diligence, zoning verification, and City of Stamford approvals. Positioned in the heart of downtown, the property is located just minutes from the train station, Harbor Point, dining, shopping, and major commuter routes. Surrounded by ongoing residential and mixed-use development, this site offers a strategic opportunity to develop modern housing in one of Stamford's most active and growing areas, supporting strong long-term demand for both rental and for-sale housing.
Location
State CT
County Fairfield
Zoning RMF
Rooms
Basement Full, Unfinished, Full With Hatchway
Interior
Heating Hot Air, Hot Water
Cooling Window Unit
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Newfield
Middle Schools Rippowam
High Schools Stamford
Listed by Anthony Gaudiano • Compass Connecticut, LLC
Nearby Locations