Norwalk CT Multi Family for Sale
$815,000
18 Murray Street Norwalk, CT 06851
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.29 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 24046595
- Subdivision:
- Wolfpit
ADDITIONAL INFORMATION
A 2-family investment property with 2,048 square feet and a freestanding 2-car garage on 0.29 acres. Located in the desirable Wolfpit neighborhood, this property is one of the few in the area zoned for multifamily use. It is fully leased, generating $5,638 in monthly gross rents, totaling $69,420 annually, with an estimated net operating income (NOI) of $49,726. The property benefits from assumable debt at a 4.125% fixed interest rate, offering a compelling investment opportunity in a high-interest rate environment. The property has undergone significant upgrades, including kitchen and bathroom renovations, landscaping, and improved pathways. The well-maintained units are occupied by high-income tenants and benefit from ample parking. Additional income is earned from leasing the garage partially. The property's location provides easy access to local favorites and cultural destinations. 18 Murray Street is ideal for both first-time and experienced investors looking to expand their portfolio with a turnkey asset.
$785,000
82-84 Main Street Norwalk, CT 06851
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.11 Acres
- Year built:
- 1860
- Baths:
- 4.00
- MLS#:
- 24032007
- Subdivision:
- N/A
ADDITIONAL INFORMATION
Property is zoned "CD-4" which allows up to 7 new development units "as of right" with no parking requirement. Property lies within an "Opportunity Zone" and an "Enterprise Zone" per the City of Norwalk. Property is part of a four (4) parcel assemblage that includes 8 North Avenue, 6 North Avenue, 82-84 Main Street, and 84 Main Street. Combined "lot area" allows a total of 41 new development units if purchased together.
$775,000
88 Main Street Norwalk, CT 06851
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.07 Acres
- Year built:
- 1897
- Baths:
- 2.00
- MLS#:
- 24032001
- Subdivision:
- N/A
ADDITIONAL INFORMATION
Includes one (1) commercial unit. Property is zoned "CD-4" which allows up to 7 new development units "as of right" with no parking requirement. Property lies within an "Opportunity Zone" and an "Enterprise Zone" per the City of Norwalk. Property is part of a four (4) parcel assemblage that includes 8 North Avenue, 6 North Avenue, 82-84 Main Street, and 84 Main Street. Combined "lot area" allows a total of 41 new development units if purchased together.
$775,000
6 North Avenue Norwalk, CT 06851
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.14 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 24031958
- Subdivision:
- N/A
ADDITIONAL INFORMATION
Property is zoned "CD-4" which allows up to 12 new development units "as of right" with no parking requirement. Property lies within an "Opportunity Zone" and an "Enterprise Zone" per the City of Norwalk. Property is part of a four (4) parcel assemblage that includes 8 North Avenue, 6 North Avenue, 82-84 Main Street, and 84 Main Street. Combined "lot area" allows a total of 41 new development units if purchased together.
$775,000
8 North Avenue Norwalk, CT 06851
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.16 Acres
- Year built:
- 1880
- Baths:
- 2.00
- MLS#:
- 24031900
- Subdivision:
- N/A
ADDITIONAL INFORMATION
Property is zoned "CD-4" which allows up to 13 new development units "as of right" with no parking requirement. Property lies within an "Opportunity Zone" and an "Enterprise Zone" per the City of Norwalk. Property is part of a four (4) parcel assemblage that includes 8 North Avenue, 6 North Avenue, 82-84 Main Street, and 84 Main Street. Combined "lot area" allows a total of 41 new development units if purchased together.
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Norwalk Real Estate
The median home value in Norwalk, CT is $527,600. This is lower than the county median home value of $552,700. The national median home value is $338,100. The average price of homes sold in Norwalk, CT is $527,600. Approximately 53.13% of Norwalk homes are owned, compared to 39.94% rented, while 6.92% are vacant. Norwalk real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Norwalk real estate agent to arrange a tour today!
Norwalk, Connecticut 06851 has a population of 90,821. Norwalk 06851 is more family-centric than the surrounding county with 35.42% of the households containing married families with children. The county average for households married with children is 34.39%.
The median household income in Norwalk, Connecticut 06851 is $91,434. The median household income for the surrounding county is $101,194 compared to the national median of $69,021. The median age of people living in Norwalk 06851 is 40.4 years.
Norwalk Weather
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 50.4 inches per year, with 29 inches of snow per year.