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263 Main Avenue, Norwalk, CT 06851

  • Open House
  • New Listing
  • Price Reduced
  • virtual Visit
  • In-Person Showing
  • Virtual Showing

$950,000

  • 5 Beds
  • 3 Baths
  • 7,320 Sqft
  • Multi Family
  • Under Contract
  • MLS# 24171361
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Property Information

  • MLS ID24171361
  • Zip Code06851
  • TypeMulti Family
  • StyleUnits on different Floors
  • Bedrooms5
  • Bathrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Total Rooms11
  • Sq. Ft.7, 320
  • Fireplaces0
  • BasementPartial, Unfinished, Concrete Floor, Full With Hatchway, Partial With Walk-Out
  • Pets Allowed0
  • HeatingGas on Gas
  • CoolingWall Unit
  • WaterPublic Water Connected
  • SewerPublic Sewer Connected
  • Year Built1920
  • Acreage.24
  • High SchoolPer Board of Ed
  • Assessment$612,640

Description

263 Main Avenue
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.

The current business is not part of the sale.

Area Overview

 

Mortgage Information

This calculator is provided for informational purposes. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.

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