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10 Elm St, Norwalk, CT, 06850
Norwalk Multifamily Investment Opportunity

10 Elm St Norwalk, CT 06850

For Sale
$1,600,000

Two detached two-family houses in a quiet Norwalk neighborhood.

Days on Market98

Property Features for 10 Elm St

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
2007
Listing Agency: William Raveis Real Estate
Listed By: Daniel Kolich · License #RES.0794269
Source: Elliman
Added: Apr 21 Changed: Jul 10 Last Checked: Jul 27 at 3:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Raveis Real Estate


Investment Insights

Based on property information with market context.

This property features two detached two-family houses situated on a tree-lined street within a quiet Norwalk neighborhood. The property includes two newly built townhouses, each equipped with two-car garages. This is a turnkey investment opportunity with a 6% capitalization rate, offering potential for value enhancement through adjustments to below-market rental rates. The location boasts a Walk Score of 90, indicating it is a Walker's Paradise, and a Transit Score of 54, signifying good transit options. The Bike Score is 48, classifying it as Somewhat Bikeable.

Key Highlights

  • Two newly built townhouses with 2‑car garages.
  • Turn‑key 6% cap rate investment property.
  • Value‑add opportunity through raising below‑market rents.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Catering Service Tanning Salon Pet Grooming Service Florist Bakery (Bike/Boat/Book/etc) Store Travel Agency Grocery & Convenience Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two detached two-family houses in a quiet Norwalk neighborhood.
Where is this duplex located?
The property is located at 10 Elm St Norwalk, CT.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Two newly built townhouses with 2‑car garages.; Turn‑key 6% cap rate investment property.; Value‑add opportunity through raising below‑market rents.
More about this property
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