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Residential Income Property with Parking
For Sale
$1,124,000
Pending

54 First Street, Norwalk, CT 06855

Separate-floor units, paved off-street parking, and walk-out storage space define the property’s practical configuration.

Property Size2,176 SF
Days on Market154

Property Features for 54 First Street

General Information

Standard status Pending
Size 2,176 SF
Total Parking Spaces 6
Property subtype Residential Income
Zoning C
Net Operating Income $66,266

Taxes and HOA fees

Annual Taxes $10,376

Amenities

Natural Gas, Steam
Full, Partially Finished, Walk-Out Access, Storage Space
Electric Water Heater, Gas Water Heater
Off Street, Paved
Units on different Floors

Building Details

Building Size 2,176 SF
Year Built 1885
Listing Agency: Berkshire Hathaway NE Prop.
Listed By: Ellen Balazs · License #RES.0028155
Source: Evrealestate
Added: Mar 31 Changed: Aug 30 Last Checked: Aug 31 at 2:21PM

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.

This residential income property contains 2,176 square feet and was built in 1885. Units are arranged on different floors, with paved off-street parking serving the property. Interior features include natural gas and steam, along with electric and gas water heaters. The property also includes a full, partially finished walk-out area with storage space.

Located at 54 First Street in Norwalk, Connecticut, the property is in Fairfield County and carries C zoning. Access is described from East Avenue through Gregory Boulevard to First Street. The configuration combines separate-floor residential areas with utility and storage features within an established structure.

Key Highlights

  • 2,176‑square‑foot residential income property built in 1885
  • Units arranged on different floors
  • Paved off‑street parking

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Locksmith Florist Pet Grooming Service Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

616
Businesses Nearby

Demographics for 06855, CT

8,380
Population
3,682
Households
2.3
Avg Household Size
41
Median Age
42%
College-Educated
88%
High-School Grad
2.5 sq mi
ZIP Area
3,352
Density / Sq Mi
$102,247
Median Household Income
$57,677
Median Earnings
$1,957
Median Rent
$492,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Separate-floor units, paved off-street parking, and walk-out storage space define the property’s practical configuration.
Where is this residential income property located?
The property is located at 54 First Street Norwalk, CT.
What is the asking price?
The asking price for this property is $1,124,000.
What are key features of this property?
This property features: 2,176‑square‑foot residential income property built in 1885; Units arranged on different floors; Paved off‑street parking
More about this property
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