51 Fairfield Avenue
Norwalk, Connecticut
$1,250,000 Price
8 Bedrooms  

**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...

**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!

Listing courtesy of Keller Williams Realty

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Norwalk, Connecticut
Type: House
Price: $1,250,000
Re Tax: $12,494
Date Listed: 10/31/2024
Last Updated: 11/7/2024
Approx. sqft: 3,047 sf
Web ID: 24056709

Info & Amenities

Type: Multi Family
Rooms: 20.0
Bedrooms: 8
Bathrooms: 6.0
Built: 1912

Map of Area for 51 Fairfield Avenue

Get to Know Norwalk

Norwalk and Rowayton are neighboring communities located in Fairfield County, Connecticut. Norwalk is a vibrant city with a mix of urban and suburban areas, while Rowayton is a charming coastal village within Norwalk. Both are rich with a variety of recreational, cultural, and living options, making them popular choices for residents seeking a coastal lifestyle with access to the conveniences of a metropolitan area. Real Estate: Norwalk and Rowayton offer a variety of real estate options to suit different preferences and budgets. In Norwalk, you can find a mix of single-family homes, townhouses, and apartments, with a wealth of waterfront properties along the Norwalk River and Long Island Sound. Rowayton, known for its seaside charm, features a mix of historic cottages, modern homes, and waterfront estates along winding, hilled roads. There are also several new developments rising in and around South Norwalk (SoNo), also known as the neighborhood’s downtown district. Shops and Dining: Norwalk and Rowayton offer a diverse selection of shops and dining options to cater to residents' and visitors' tastes. The SoNo district is known for its trendy boutiques, art galleries, and dining scene, offering a mix of international cuisines and local eateries. Rowayton has its own charming downtown area, offering boutiques, art studios, and specialty shops. You can also find waterfront restaurants and cafes with beautiful views of the Five Mile River and Long Island Sound.

More About Norwalk

Neighborhood Guide to NORWALK