BEDS4
BATHS5 full
SQUARE FEET3,667
MLS#24151409
STATUSUnder Contract
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished, Full With Hatchway
Cooling: Window Unit
Fuel Type: Natural Gas
Heating: Hot Air, Hot Water
Home Style: Units on different Floors, Units are Side-by-Side
Lot Size: 0.21 Acres
Roof Type: Asphalt Shingle
Taxes: $10,716
Year Built: 1897
Feature Descriptions
Days on Site: 124
Lot: Corner Lot
Sewer: Public Sewer Connected
Units: 4
Water: Public Water Connected
Waterfront: Not Applicable
Local Schools
High School: Stamford
Elementary School: Newfield
Listed By / Shown By
Listing By
Agency Name: Compass Connecticut, LLC
Agent Name: Anthony Gaudiano
Agency Phone: (203) 3430141
Shown By
Agency Title: Bain Real Estate
Agency Phone: (860) 927-4646
Estimate Your Payment
Estimated Payment
$ 3,030.13 per month $1,889.51 Principal & Interest $893.00 Property Tax $247.63 Homeowner's Insurance
111 Grove | MLS# 24151409
This multi-family property located at 111 Grove, Stamford, CT 06901 is currently listed for sale with an asking price of $849,000. Search Stamford real estate on www.bainrealestate.com today.