22
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$950,000
Est. payment /mo
5 Beds
3 Baths
7,320 SqFt
Under Contract
263 Main Avenue Norwalk, CT 06851
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Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 7,320 sqft
Price per Sqft $129
MLS Listing ID 24171361
Style Units on different Floors
Bedrooms 5
Full Baths 3
Year Built 1920
Annual Tax Amount $14,670
Lot Size 10,454 Sqft
Property Sub-Type 3 Family
Property Description
A remarkable opportunity to acquire a mixed-use income property in Norwalk. 263 Main Avenue presents four income-producing units - three residential apartments and a street-level commercial space - all operating on month-to-month tenancies, offering an incoming owner maximum flexibility to optimize rents and reposition the asset. Situated on busy Main Avenue with excellent visibility and foot traffic, this property is ideally suited for the savvy investor seeking immediate cash flow with significant upside potential. Whether you choose to hold, renovate, or restructure, this property delivers day-one income and a clear path to a higher cap-rate. Property is being sold as-is.
Location
State CT
County Fairfield
Zoning B2
Rooms
Basement Partial, Unfinished, Concrete Floor, Full With Hatchway, Partial With Walk-Out
Interior
Heating Gas on Gas
Cooling Wall Unit
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Block
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Jennifer McDade • BHHS Darien/New Canaan
NEARBY SCHOOL & BUSINESS
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