Great Investor Opportunity in as-is sale by Out -of-State Seller with Option of Owner backed financing at 4.5%-5% range w/25%-30% down. Owner inherited multi-family property and lives out-of- state will provide seller backed financing at lower than market mortgage rates. Home is updated to a move-in-ready condition. New Total Interior Fresh Paint, New Kitchens with Quartz countertops and LVP Flooring, New Bathrooms, both have Tubs and Shower combo w/Glass Sliding Doors, both units have New Appliances:2 Gas Ranges,2 Fridges, 2W/D, Newly refinished hardwood flooring, New Roof on home and on 2-car Garage, Garage also has New Vinyl Siding and New Garage doors, New Asphalt Driveway with New adjacent gravel parking for additional cars. Newly Floored Walk up attic for additional storage, 2 New Window unit A/C for each floor, Newly refurbished Windows, New Wood plank Blinds Throughout, New lighting fixtures. Everything has been refreshed so the new owner can step in with minimal work. The layout works well for several scenarios: live in one unit while accepting a secondary strong cash flow or as an investment property roughly grossing 8% return with market rent roll. Excellent location in the Glenbrook section of Stamford. Walking Distance to Glenbrook Train, The Congregation Agudath Sholom Orthodox Synagogue and The Young Israel of Stamford, easy access to healthcare, medical facilities, parks, beaches, restaurant, shopping, library, commuter friendly to all Stamford Amenities.
Each Unit is 960 sf, with 2 bed, 1 bath, Kitchen, and Living/ Dining room combo. The Attic is accessible from the second floor landing, and is separate from the second floor unit. The door is adjacent to the 2nd floor unit. The owner finished the attic with flooring, so as to provide additional storage. This second floor unit , also has access to an exterior front facing balcony. The Basement is accessible from the rear entry landing, it is also separate of both units. It has this interior entry as well as an exterior Bilco door. The W/D are in the basement. The Hot Water Heaters were replaced in 8/2024. Out-of-State Owner is offering seller backed financing. Underground oil tank removed, and mostly remediated, with work on file . Please call broker for more info.
Glenbrook, located between Downtown Stamford and Springdale, is a residential and commuter-friendly Stamford neighborhood with a rail station and a walkable village strip. The neighborhood’s character concentrates around Hope Street near Glenbrook Station, where corner delis, bakeries, and low-key eateries keep the sidewalks active. Pillars include the Avon Theatre Film Center, Stamford Center for the Arts (The Palace Theatre), and Half Full Brewery for nights out beyond the immediate blocks. Housing leans to mid-century capes and colonials with pockets of small multifamily buildings. Tree-lined streets meet busier corridors with everyday services. Parks and school fields add open space to the street grid.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Full shared basement with storage, interior access, concrete floor, and hatchway
Floored walk-up attic with storage
Two-family home with 8 total rooms
Bedrooms
4 bedrooms
Bathrooms
2 full bathrooms
Laundry & utility
Common laundry area with washer and dryer for all units
Heating & cooling
Hot water heat with natural gas
Window-unit cooling
Exterior features
Balcony
Beach rights
Level and sloping lot
Yellow exterior
Home design
Two-family home
Parking
Detached 2-car garage
Paved asphalt driveway
4 parking spaces
Construction
Frame and stone construction
Stone foundation
Vinyl and aluminum siding
Asphalt shingle roof
Utilities
Public water
Public sewer
Domestic natural gas hot water
Thermopane windows
Other
Nearby health club, library, medical facilities, park, and shopping
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of this district is to set aside and protect areas which have been or may be developed predominantly for one family or two family detached family Dwellings on separate Lots. It is the intent of these regulations to stabilize such neighborhoods and preserve the type of Dwelling Units and Density provided for. Certain other uses are also permitted as-of-right or by Special Permit subject to adequate conditions and safeguards. It is intended that new Development permitted in this district be harmonious and compatible with existing Dwellings. It is hereby found and declared, further, that these regulations are necessary to the protection of these areas and that their protection is essential to the maintenance of a balanced community of sound residential areas of diverse types.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational/school
Communications tower
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 99° expected this year, 16 days in 30 years
6/10 Wind Factor
69% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Stamford, CT • 06906
Average low and high temperatures (°F)
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44
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69
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76
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67
50
55
40
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Dec
Sun exposure
70/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.5 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 144 Colonial Rd
$901,387
$3,612 under list price of $905K
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $718K to $915K.