Opportunity knocks in East Norwalk! This two-family home offers a two-bedroom unit in the front and a studio apartment in the back, giving you the flexibility to live in one and let the other help pay the mortgage, or hold both as a solid income property. Both units are month-to-month, and estimated rent potential is up to $2,400 a month for the two-bedroom and about $1,500 for the studio. Enjoy a nice level backyard.
Welcome to 47 Second Street, an impeccably maintained two-family Colonial in one of East Norwalk's most desirable coastal neighborhoods. Built in 1890 and situated on an oversized 0.25-acre lot, this charming property offers a fantastic opportunity for both homeowners and investors. Each unit features two spacious bedrooms and one full bathroom, providing comfortable and functional living spaces. Live in one unit while generating rental income from the other, or add this well-maintained property to your investment portfolio. The current tenant is on a month-to-month lease, offering flexibility for the new owner. Conveniently located near beaches, marinas, shopping, dining, parks, and commuter transportation, this versatile two-family home combines historic character with exceptional potential in a sought-after East Norwalk location.
Excellent South Norwalk 3-Family Investment Opportunity! Located on a desirable, quiet one-way street, this income producing property offers three fully rented units with excellent rental income and strong investment potential. Recent improvements include newer siding and roof installed in 2021. The partially finished basement features high ceilings, bathroom and laundry hookup, offering additional usable space and storage. A detached garage provides even more storage, ample off street parking for residents. Ideally located just minutes from the Norwalk Train Station, major highways, The SONO Collection Mall, downtown SONO restaurants and entertainment, nearby parks and waterfront amenities. A convenient location with easy access to transportation, shopping, dining, and recreation. All units are currently rented, an excellent opportunity for investors looking for immediate income in a highly desirable South Norwalk location.
Great investment opportunity in booming South Norwalk. First floor unit has 2 bedroom, 2 Baths. Second/third floor unit has 2 Bedrooms, 2 Baths. Updated kitchen. Large lot with plenty of room for parking.
Welcome to 21 Soundview Avenue, a fully renovated two-family offering an exceptional opportunity for owner-occupants and investors. The vacant first-floor unit features 3 bedrooms, 1.5 baths, a large eat-in kitchen, central air and in-unit laundry. The occupied second floor offers 2 bedrooms, 1 full bath, in-unit laundry and mini-split systems providing heating and cooling. Both units feature renovated kitchens and baths, new flooring and cabinetry, granite countertops and stainless-steel appliances. The roof has also been replaced. Owner-occupants can move right into the spacious first floor while rental income from the second floor helps offset monthly housing expenses. Outside, a rear parking area accommodates approximately 5 cars, while a large detached garage offers additional rental-income potential and separate dedicated storage space for each unit. Additional storage is available in the full basement. Ideally located less than a mile from the South Norwalk Metro-North station and minutes from SoNo's dining, shopping and waterfront, with Rowayton a short drive away. Convenient to I-95 and Route 1. A turnkey property combining modern living, income potential, ample parking and an outstanding location.
Opportunities like 37 Allview Avenue don't come around often. Whether you're a first-time buyer looking to have your mortgage supplemented by rental income or a seasoned investor searching for a high-demand property, this Norwalk multifamily home delivers on every front.The layout is designed for versatility and ease, offering bright, sun-drenched living spaces that feel both fresh and functional. Each unit provides a comfortable flow, with kitchens that serve as the heart of the home and generous living spaces that offer a quiet place to unwind. It's the kind of setup that attracts quality tenants or provides a perfect and comfortable scenario for an owner-occupant. Situated on a great neighborhood street, the property offers a sense of community while keeping you incredibly close to everything that makes Norwalk thrive. You are just minutes away from the retail hub of Connecticut Avenue and have seamless access to I-95, making daily errands and commuting a total breeze. From the inviting interiors to the convenience of the location, 37 Allview Avenue is a smart, strategic move for anyone looking to build equity in a vibrant market. Come explore the potential and see how this property can work for you.
An exceptional, turnkey investment opportunity in Norwalk! This fully renovated 2-family home offers strong, hassle-free cash flow from day one. Generating a robust $6,200/month in total rental income with low landlord utility expenses (~$260/month), this property is fully occupied with reliable tenants already in place. Every detail has been thoughtfully updated, featuring completely modern interior finishes, beautifully updated kitchens with contemporary appliances, refreshed full bathrooms, and pristine flooring throughout. Conveniently located near local shopping, restaurants, public transit, I-95, and the Metro-North train station, ensuring low vacancy and continued strong rental demand. Perfect turn-key addition for savvy investors seeking immediate returns and strong long-term growth in Fairfield County.
Also listed as Commercial-Investment, MLS# 24205138. Perfect for investors, 1031 buyers, or an owner-occupant with a business: two apartments plus a street-level salon in East Norwalk, a five-minute walk to the East Norwalk train station, Veterans Park and the harbor. Owner collects $90,000 a year: $75,600 from the two apartments and the salon plus $14,400 from the finished attic level, and every tenant pays their own heat and electric (4 electric meters, 3 gas). First floor: a true 3-bedroom, 1-bath at $2,200, month-to-month; comparable 3-bedroom units nearby have leased at $2,800-$3,200, so the new owner sets the rent. Second floor: 3-bedroom, 1-bath at $2,550, month-to-month. Finished walk-up attic level above it, occupied month-to-month at $1,200; a new owner could re-lease the second floor and attic together as one two-story apartment at about $3,750. Street level: established salon on a lease at $1,550. Owner expenses of $26,033 (taxes, insurance, water, trash, maintenance). Roof approximately four years old, 11 hardwired smoke/CO detectors, full basement with laundry hookups, two off-street parking spaces at the front plus on-street parking. Priced at $314 per square foot against this year's closed Norwalk multifamily sales. Sold as-is. Operating statement, rent roll and floor plans on request. Showings by appointment; tenant-occupied.
Welcome to 36-38 Concord St in South Norwalk, a side by side LEGAL 2 Family Property in the Heart of SONO. Train Station & Charter School nearby. Great opportunity for owner occupied or strictly investment purposes. CD-3 Zone, do your due dilligence for potentials. Three level living on each side . Main levels include large family room areas, EIK, spacious bedroom and half bath. Plenty of cabinet/closet/storage space. Each unit has private deck off of the rear kitchen door. Both units clean, light & bright! Upgrades throughout. Upstairs are 2/3 additional bedrooms along with a full bathroom. Interior/exterior access to lower levels. Each side includes tiled floors throughout, 2 additional rooms and a full bathroom. Mechanicals all NEWER and maintained. Current rents are $3,350/month each side and are Month to Month. Potential rents for each side are $4,000-4,250/month based on similar units rented in area. Current tenants prefer to stay but understand if not. Expenses of 18k/year include taxes, insurance and water. Tenant maintains lawn and grounds. Potential 4k/each unit- 96k/year - $18,652 expenses = 8.6% CAP! Upgrades include New roof(with warranty), new bathrooms with permits in both lower levels, new carpet in both units, freshly painted both units, new hot water heaters, kitchen exit steps painted for both, hatchway doors painted & MORE! Low maintenance property with vinyl siding, city water, city sewer & all tenants utilities separate (owner pays monthly water usage)
Very Large Multifamily with 4 Story. This 2 Family 17 Room House with 6 Baths And 2 Decks Overlooking A Deep Backyard is a Great Potential For Multipurpose Use. Located in the Spring Hill Section of Norwalk, this house is close to all. Bring Your Imagination. Priced To Sell In As Is Condition.
Opportunity Knocks in the Heart of Norwalk! 36 Taylor Avenue offers the perfect blend of location, income potential, and long-term upside. This 4-unit multifamily is a true cash flow opportunity-turnkey and ready to generate rental income from day one. Whether you're a seasoned investor looking to expand your portfolio or a new comer seeking passive income, this property checks all the boxes. Each unit is thoughtfully laid out, offering comfortable living space and strong rental appeal. Located just minutes from Norwalk Hospital, SoNo, major transit lines, I-95, and the Metro-North station, tenants will love the convenience-and you'll love the steady income stream. Enjoy peace of mind with separate utilities, ample off-street parking, and a strong rental history in one of Fairfield County's most in-demand markets. With rising rental demand and limited multifamily inventory, this is a rare find. Collect the keys, collect the rent, and start building wealth. Don't miss your chance to own a prime investment in a thriving neighborhood.
Incredible opportunity to operate a working salon or utilize for other professional/retail use in highly desirable East Norwalk, 200 yards from exit 16 and walking distance to Train station, restaurants. One mile from beaches and SONO. Current salon has multiple stations for both hair and skin care Salon is part of a mixed-use property that contains a charming two-bedroom apartment at second level. Also works as investment with NOI of $55,000 based on income projection. This mixed use dwelling is currently used as a Hair/skin/beauty Salon on the first floor (960 sf) and a residential unit on the second and third floor (1170 sq ft). Corner Lot (East Avenue/Raymond Terrace) for great business visibility and quiet residential living. Salon consists of kitchenette, 1/2 Bath, 2 open rooms, and 2 private rooms. The second/third floor Residential unit consists of 2 Bedroom, 2 Full baths, and laundry. Completely renovated in 2000 and includes new hardwired smoke and CO2 Detectors, New Water Main, New Sewer Line, and 3 pair Motion Sensor Flood Lights
Norwalk is located in Connecticut. Norwalk, Connecticut has a population of 90,821. Norwalk is less family-centric than the surrounding county with 32.08% 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 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 is 40.4 years.
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.
