Greenwich - Beach Property For Sale #5234357

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