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.
Features
- Heating System:
- Hot Air, Hot Water
- Cooling System:
- Window Unit
- Basement:
- Full, Unfinished, Full With Hatchway
- Foundation Type:
- Stone
- Heat Fuel Type:
- Natural Gas
- Exterior Siding:
- Other
- Fireplaces Total:
- 0
- Parking Total Spaces:
- 0
- Hot Water Description:
- Tank Size Unknown
- Lot Description:
- Corner Lot
- Water Source:
- Public Water Connected
Address Map
- Street:
- Grove
- Street Number:
- 111
- Floor Number:
- 0
- Longitude:
- W74° 27′ 40.3”
- Latitude:
- N41° 3′ 10.7”
MLS Addon
- Office Name:
- Compass Connecticut, LLC
- Agent Name:
- Anthony Gaudiano
- List Agent MLSID:
- 848226
- List Office MLSID:
- CPCT80
- Tax Year:
- July 2025-June 2026
- Directions:
- Right off grove street traveling north onto Highland Road
- Elementary School:
- Newfield
- High School:
- Stamford
- HOA Fee Amount:
- $0
- Parcel Number:
- 323932
- Property Tax:
- $10,716
- Zoning:
- RMF
Multi-family For Sale
111 Grove, Stamford, 06901
4 Bedrooms
5 Bathrooms
3,667 Sqft
$849,000
Listing ID #24151409
Basic Details
- Property Type :
- Multi-family For Sale
- Listing Type :
- For Sale
- Listing ID :
- 24151409
- Price :
- $849,000
- Bedrooms :
- 4
- Baths Total :
- 5
- Bathrooms :
- 5
- Half Bathrooms :
- 0
- Square Footage :
- 3,667 Sqft
- Year Built :
- 1897
- Lot Area :
- 0.21 Acre
- City:
- Stamford
- Zipcode:
- 06901
- Property Sub Type :
- 4 Family
- Style :
- Units on different Floors,Units are Side-by-Side
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
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