Norwalk Multifamily Investment
For Sale
Contact for pricing
14 Fairfield Avenue, Norwalk, CT 06854
Eight-unit apartment complex in prime Norwalk location with income potential.
Property Size6,163 SF
Price / SF$323.71
Days on Market683
Property Features for 14 Fairfield Avenue
General Information
Standard status
Active
Size
6,163 SF
Property subtype
Special Purpose, Land
Zoning
R-3
Building Details
Year Built
1900
Listing Agency:
CENTURY 21 AllPoints Realty
Listed By:
LeeAnn DeLeo · License #REB.0790981
Source:
Crexi
Added: Oct 16, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:27AM
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 CENTURY 21 AllPoints Realty
Investment Insights
Based on property information with market context.
This eight-unit apartment complex in Norwalk, CT, is available for sale for the first time. The property features a mix of unit sizes, including four 2-bedroom units with 5 rooms and 1 bathroom, three 2-bedroom units with 4 rooms and 1 bathroom, and one 1-bedroom unit with 3 rooms and 1 bathroom. The building is situated in a prime location near the cross streets of Connecticut Ave, Flax Hill, and Washington Street in the SoNo district. The property's location offers convenient access to various amenities and transportation options. It is located within a 1/2-mile radius of the South Norwalk Train Station, Downtown SoNo, grocery stores, restaurants, parks, I-95, RT 7 Connector, and The SoNo Collection. The property size is 6163 square feet. Current rents are significantly under market value, presenting an opportunity for increased income.
Key Highlights
- 8‑unit apartment complex offering multiple income streams.
- Prime location in Norwalk, CT, near SoNo (South Norwalk).
- Close proximity (1/2‑mile radius) to South Norwalk Train Station, I‑95, and RT 7 Connector.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,873
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight-unit apartment complex in prime Norwalk location with income potential.
Where is this apartment building located?
The property is located at 14 Fairfield Avenue Norwalk, CT.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 8‑unit apartment complex offering multiple income streams.; Prime location in Norwalk, CT, near SoNo (South Norwalk).; Close proximity (1/2‑mile radius) to South Norwalk Train Station, I‑95, and RT 7 Connector.
