51 Fairfield Ave Norwalk, CT, 06854

multi family home
$ 1,200,000 Sold Oct 31, 2024
97 days on market, 96% sale-to-list ratio
  • 8 beds
  • 6 baths
  • 3,047 sq ft
  • 1912 year built

About the Home

**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!

Rooms & Interior

8 bedrooms beds
6 full baths
3,047 square feet sq ft

Home Features

Heating

  • Heating: hot water
  • Heat fuel type: natural gas

Cooling

  • None

Basement

  • Full
  • Fully finished
  • Full with walk-out

Property Details

Parking

  • None

Waterfront

  • Beach rights
Waterfront Homes in Norwalk

Lot Details

  • Lot surface: 0.2 acres
  • N/a

Utilities

  • Water: public water connected
  • Sewage: pub. sewer connected

Construction Details

Style
other

Construction year
1912

Exterior Siding
aluminum

Foundation
stone

Roof
asphalt shingle, gable


Area & Town

This home is located in South Norwalk neighborhood, in the town of Norwalk.

Finance & Listing Info

Status Closed
Listing date October 31, 2024
Closed date February 05, 2025
Days on market 97 days
List price $ 1,250,000
Close price $ 1,200,000
Sale-to-list ratio 96%
Tax amount $ 12,494
Tax year july 2024-june 2025
Financing used Other
MLS ID #24056709
List Agent Robbie Salvatore
List Office Keller Williams Realty

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