Sold

Closed

51 Fairfield Avenue

Norwalk CT, 06854

$1,200,000


$393.83 per sqft

Sold

Closed

8 Beds

6 Baths

3,047 sqft

Multi-family

Built in 1912

**Investment Opportunity: Five-Unit Multi-Family Home in Norwalk, CT with all utilities seperate** Welcome to this prime multi-family property in the heart of Norwalk, perfectly situated near the mall, train station, and I-95. This five-unit building offers both convenience and tremendous investment potential. Four of the five units have been beautifully updated, featuring modern amenities and stylish finishes that appeal to today's renters. These units are ready for immediate occupancy or leasing, making it a fantastic opportunity for generating income. Located in a thriving area, this property benefits from a strong rental market, with high demand for housing due to its proximity to shopping, dining, and public transportation. The potential for appreciation in this growing neighborhood adds to its attractiveness for investors. With one unit currently available for renovation, there's a unique opportunity to add value and increase rental income. Additionally, the property includes large parking lot in back. This multi-family home is ideal for seasoned investors looking to expand their portfolio or newcomers seeking a lucrative opportunity. Don't miss out on this chance to own a piece of Norwalk's vibrant real estate market. Schedule a viewing today and explore the possibilities!

24056709

MLS ID

October 31, 2024

Listed

February 21, 2025

Updated

Interior Features

Bedrooms

8


Total Bathrooms

6


Full Bathrooms

6


Appliances

Gas Water Heater


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Natural Gas, Hot Water

Exterior/Building Features

Lot Size

0.2 Acres


Architectural Style

Other


Roof

Asphalt


Sewer

Public Sewer

School Information

High School

Per Board of Ed


Elementary School

Per Board of Ed

Other Property Details

Area Name

South Norwalk


Taxes

$12,494


Tax Frequency

Annually


Days on Market

35


Garage

No


Parking

None


View

No


County

Fairfield


Water Source

Public


Pool

No


Waterfront Features

Beach Front


Zoning

D

Listing History

Date

Event

Price

2/5/2025

Sold

$1,200,000

12/12/2024

Pending

11/7/2024

Active

Bought with Franki Delgado with William Pitt Sotheby's Int'l and Listed by Robbie Salvatore with Keller Williams Realty 2032234264

The IDX display contains information sourced from the  Smart MLS, Inc as of 2/21/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/21/2025 at 2:04 PM UTC

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