$950,000 ($129.78 per sqft)

Under Contract

Est. Mortgage $4,618/mo *

Quick Pre-Approval

Listing courtesy of Jennifer McDade (917) 816-3283, BHHS Darien/New Canaan (203) 655-5114


263 Main Avenue, Norwalk, CT, 06851

263 Main Avenue, Norwalk, CT, 06851

11 rooms

5 beds

3 Full baths

1920

Units on different Floors

7,320 sqft

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.


Status:

Under Contract

Type:

Multi-family

Units:

3

Zoning:

B2

Heating:

Gas on Gas

Cooling:

Wall Unit

Basement:

Partial, Unfinished, Concrete Floor, Full With Hatchway, Partial With Walk-Out

Acreage:

0.24

Est. Taxes:

$14,670

Assessment

$612,640

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

Middle School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

8

MLS #:

24171361


Community Info

School Info

Walk Score

Mass Transit

Yelp


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