$1,300,000

700 Summer St Stamford, CT 09605

$10,000
Closing credit¹
4 beds
3 full
2,125 sqft
$612 / sqft
Condo

Property details

About 700 Summer St

**Investment Opportunity: Portfolio of 3 Condos in Prime Downtown Stamford - Offered as a Single Package** **Listing Price:** $1,300,000 **Monthly Rent Roll:** $7,675 **Total Units:** 3 (All 2-Bedroom, 1-Bath) **Total Living Space:** Approx. 2,125 Sq Ft **Monthly Maintenance Fees:** $1,452 **Annual Property Taxes:** $9,789 **Lease Terms:** * 1 Unit: Long-Term Lease * 2 Units: Annual Leases **Property Overview:** An attractive investment package consisting of three income-producing condos, being sold as a single entity (not available individually). Located in the heart of **Downtown Stamford**, this offering provides immediate cash flow, diversification of lease terms, and long-term growth potential in one of Connecticut's most dynamic urban centers. **Prime Location:** Situated in Downtown Stamford, the property is surrounded by top-tier amenities including shopping, dining, and entertainment. With convenient access to major transit routes and a direct train line to New York City, this area is a hotbed for both residential demand and long-term appreciation. **Investment Highlights:** **Stable Income Stream:** $7,675/month in rental income across three units. With two annual leases and one long-term tenant in place, the current rent roll offers consistent cash flow with a balanced lease structure.

Highlights

Home typeCondominium
HeatingRadiant
StatusActive
CoolingWall Unit(s)
Size2,125 sqft
BasementYes
Year built1961
ParkingNone, Unassigned Parking
MLS #24077913
ViewCity

Summary

  • Full Bathrooms: 3
  • Appliances: Gas Cooktop, Oven/Range, Refrigerator, Freezer, Dishwasher
  • Basement: Yes
  • Total Bedroom Count: 4
  • Attached Garage: No
  • Private Pool: No
  • Parking: None, Unassigned Parking
  • View: City
  • Exterior: Balcony
  • Heating: Radiant
  • Cooling: Wall Unit(s)
  • List Price: $1,300,000
  • Price/SqFt: $611
  • HOA Amount: $1452 Monthly
  • Lot: City Lot
  • Directions: 700 Summer Street Stamford, Public Street Parking available
  • Year Built: 1961
  • Living Area: 2,125 SqFt
  • MLS Number: 24077913
  • Office Name: Douglas Elliman of Connecticut
  • Office Phone: (203) 622-4900
  • Office Email: Richard.Esman@Elliman.com
  • Listing Agent: Richard Esman

IDXCopyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 5:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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700 Summer St, Stamford, CT 09605 - doorway to property with brick siding and a balcony

$1,300,000

700 Summer St

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

4

Hart School

Public District KG-5

0.4 mi

61 Adams Ave

7

Stamford Charter School for Excellence

Public Charter KG-6

0.5 mi

1 Schuyler Ave

6

Strawberry Hill an Ext. of Rogers International

Public Magnet KG-5

0.7 mi

200 Strawberry Hill Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $70,347. Typical income of Stamford, CT residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

24%
<35k
46%
35k-100k
23%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

74%
Single, No Kids
3%
Single, with Kids
17%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
2%
12-17 yrs old
43%
18-34 yrs old
33%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Yoga/pilatesYoga/pilates
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • H&MH&M
  • Banana RepublicBanana Republic
  • Chico'sChico's

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • SonicSonic
  • Boston MarketBoston Market

What do the neighbors drive?

  • AudiAudi
  • InfinitiInfiniti
  • VolvoVolvo

What do the neighbors listen to?

  • AlternativeAlternative
  • Urban ContemporaryUrban Contemporary
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 700 Summer St

The listing price of 700 Summer St property is $1,300,000.

The property 700 Summer St is a condo located in Stamford, Connecticut, 09605.

Active Listing: 700 Summer St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 700 Summer St are: Hart School (GreatSchools Rating 4/10), Stamford Charter School for Excellence (GreatSchools Rating 7/10), Strawberry Hill an Ext. of Rogers International (GreatSchools Rating 6/10), Cloonan School (GreatSchools Rating 3/10), Rogers International School (GreatSchools Rating 6/10), Dolan School (GreatSchools Rating 4/10), J. M. Wright Technical High School (GreatSchools Rating 5/10), Stamford High School (GreatSchools Rating 3/10), The Academy of Information Technology & Engineering (GreatSchools Rating 6/10).

The property at 700 Summer St has 4 bedrooms and 3 bathrooms.

The property 700 Summer St is 2,125 SqFt (source: MLS/tax record).

The year of construction for 700 Summer St is 1961.

This home is located at 700 Summer St in Stamford, CT and zip code 06901 in the Downtown neighborhood. This 2,125 square foot home was built in 1961. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 15, 2025 and is currently priced at $1,300,000.

In May 2025 more than 77 listings in Stamford, CT were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 27 were sold below. The inventory of homes for sale in Stamford, CT between April and May 2025 increased by 8.8%. While the average time on the market in May 2025 was 46 days, the median list price was $700,000.

From Rocket Homes Real Estate and based on county public records data.

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