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Triplex with Detached Garage
New
For Sale
$725,000

2 Lincoln Avenue, Norwalk, CT 06854

Three occupied apartments are complemented by basement space with a bathroom and laundry hookup.

Property SizeContact for details
Days on Market2

Property Features for 2 Lincoln Avenue

General Information

Standard status Active
Property subtype Multi Family
Zoning C
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Additional Details

Multifamily Units 3

Building Details

Year Built 1905
Tenancy Multi
Listing Agency: Berkshire Hathaway NE Prop.
Listed By: Catherine Aaron · License #RES.0817807
Source: Capmarkrealty
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 10 at 2:33AM

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 Berkshire Hathaway NE Prop.

Investment Insights

Based on property information with market context.

Built in 1905, this three-unit property has all apartments occupied. Improvements include siding and a roof installed in 2021. The partially finished basement has high ceilings, a bathroom, a laundry hookup, and space for storage. A detached garage and off-street parking serve the property.

The property is in South Norwalk, near the Norwalk Train Station, major highways, The SONO Collection Mall, downtown restaurants and entertainment, parks, and waterfront amenities. Its C zoning designation is also noted.

Key Highlights

  • Three apartments, all currently rented
  • Roof and siding installed in 2021
  • Partially finished basement with high ceilings, bathroom, laundry hookup, and storage space

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Locksmith Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store Acupuncture Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

706
Businesses Nearby

Demographics for 06854, CT

29,931
Population
12,246
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
6,236
Density / Sq Mi
$86,399
Median Household Income
$42,868
Median Earnings
$1,898
Median Rent
$453,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three occupied apartments are complemented by basement space with a bathroom and laundry hookup.
Where is this triplex located?
The property is located at 2 Lincoln Avenue Norwalk, CT.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Three apartments, all currently rented; Roof and siding installed in 2021; Partially finished basement with high ceilings, bathroom, laundry hookup, and storage space
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