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13 South St, Norwalk
$1,899,000
1 Beds ⋅ 2 Baths ⋅ 24195849 MLS
Rare opportunity to acquire an 8-unit investment property. This income property has substantial operational flexibility, exceptional long-term upside and strong rental history. Situated on a favorably zoned parcel, the property consists of two separate buildings totaling eight units. The rear building, constructed in 2006, features 4 units comprised of 2 residential units and 2 commercial units. Approved permits are already in place to convert the commercial end units into residential apartments, allowing an investor to capitalize on the stronger residential rental market or keep the commercial spaces if desired. The building is equipped with natural gas, central air, and offers valuable attic and basement storage rarely found in comparable rental properties. The front building is a classic four-family home dating back to the 1930s and includes two main level apartments, comprised of a two-bedroom and 1-bedroom unit, and additional attic and basement apartments. Long-term tenants currently occupy the main level on month-to-month leases at well below market rents, presenting a significant value-add opportunity through future rent adjustments. Recent improvements include a new roof, newer hot water heaters, low-maintenance vinyl siding, and ample off-street parking. What truly sets this property apart is its zoning allowing 4 story building height and density up to 11 units. This property sits close to route 1 and I-95 making this a rare real estate asset in the Norwalk area.

13 South St, Norwalk
22 Summitt Ave, Norwalk
$450,000
3 Beds ⋅ 1 Baths ⋅ 24206050 MLS
Talk about VALUE.....Centrally located, convenient to shopping, train stations, 95 & the Rt. 7 connector. Still having a privately fenced in backyard with oversized deck, pool and yard to enjoy all year round as your oasis. Inside, move in ready, 3 beds, 1 bathroom with hardwood floors. A little dated, but can move in and update as you wish. Also has a full unfinished basement for extra storage room, workshop, or finish it for extra living space. Come see for yourself.

22 Summitt Ave, Norwalk
15 Madison St Unit I6, Norwalk
$298,777
3 Beds ⋅ 1 Baths ⋅ 24209377 MLS ⋅ Sono Gardens BLDG.
South Norwalk has become one of Fairfield County's most sought-after waterfront neighborhoods -walkable to the train station, restaurants, shops, and the harbor. Tucked into this gated community at 15 Madison Street is Unit I6, a three-bedroom, one-bath multi-level townhouse with a well maintained kitchen featuring white cabinetry and stainless steel appliances, and a recently updated bathroom with a tiled tub surround. Laminate flooring runs throughout the home. Step outside to a private patio finished with new turf and updated fencing -low-maintenance outdoor space ready to enjoy! The unfinished basement offers potential for additional living space or a future half or full bath. One assigned parking space is included. Income, rental, and pet restrictions apply.

15 Madison St Unit I6, Norwalk

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