Inside, each unit has its own unique layout with hardwood floors, high ceilings, and large windows that flood the space with natural light. The lower level space is flexible and can be connected to either unit. There is a washer dryer hook up in the lower level utility room.
Welcome to 4 Capalbo Place, a rare legal four-family property in the sought-after Cos Cob neighborhood of Greenwich with an estimated 7,500 net rentable sqft. Built in the 1960s and meticulously maintained by the same family since 1969, this property offers a unique blend of historic charm and modern convenience. Situated on a peaceful cul-de-sac, the home provides easy access to essential amenities and just 10 minutes from the beach and 2 minutes from parks, this property is perfect for investors or large families. The property features five full kitchens, six full baths, and ten bedrooms across its units, each with separate meters, water heaters, electric panels, and furnaces. The basement includes two full bathrooms and three to four additional bedrooms, with dual side and center egress for easy access and enhanced safety. A two-story garage on a separate electric meter offers substantial square footage. With eight designated off-street parking spots and additional on-street parking, convenience is assured. The potential to subdivide and develop further adds significant value, although buyers should perform their own due diligence. With significant upside potential, including the possibility for reconfiguration to create larger apartments within the original footprint, low taxes and a competitive proforma cap rate, this is an exceptional opportunity in Greenwich......BRING ALL OFFERS
Cos Cob is located in Connecticut. Cos Cob, Connecticut has a population of 6,840. Cos Cob is more family-centric than the surrounding county with 38.72% of the households containing married families with children. The county average for households married with children is 36.27%.
The median household income in Cos Cob, Connecticut is $135,417. The median household income for the surrounding county is $89,773 compared to the national median of $57,652. The median age of people living in Cos Cob is 43.2 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 19.6 degrees. The average rainfall is approximately 50 inches per year, with 33.8 inches of snow per year.