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Property profile

14 Fairfield Ave Norwalk, CT 06854

FOR SALE
Apartment buildings
Property ID
US15-0695481
Built 1900
Individually Owned 5-yr Hold
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14 Fairfield Ave, Norwalk, CT 06854 For Sale 1 / 5
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14 Fairfield Ave, Norwalk, CT 06854
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Property summary

AI-generated overview

Multiple facets of income and opportunity from this 8-unit apartment complex on the market for the first time in Norwalk, CT. Four 2 bedroom, 5 rooms and 1-bathroom units, Three 2 bedroom, 4 rooms and 1 bathroom units and One 1 bedroom, 3 rooms and 1 bathroom unit. Prime location, cross streets are R1-Connecticut Ave, Flax Hill and Washington Street in SoNo. Current rents are significantly under market value. It is within a 1/2-mile radius of the South Norwalk Train Station, Downtown SoNo, Grocery Stores, Restaurants, Parks, I-95, RT 7 Connector, The SoNo Collection and more.

Property profile

Verified
Property type Apartment buildings
Year built 1900
UPID US15-0695481

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14 Fairfield Ave Norwalk, CT 06854
Norwalk metro
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Value estimations

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Owner & transaction history

since 2021
2 recorded transactions
2021
$295,000
2019
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions

Comparable in this City

  • New
    Contact for pricing
    9,600 SF
    Mixed-Use Building with Flexible Unit Use
    NFPA compliance supports residential or office use across the building’s units.
    84 West Ave, Norwalk, CT 06854
    View Details
  • New
    Contact for pricing
    704 SF
    Apartment in SONO Area
    One-bedroom apartment in Norwalk's SONO neighborhood, convenient to amenities.
    83 Washington Street #2I, Norwalk, CT 06854
    View Details
  • New
    $360,000
    Renovated Condo in Desirable Complex
    Rare, renovated three-bedroom condo with modern amenities and convenient location.
    25 Chestnut Street #APT 1-I, Norwalk, CT 06854
    View Details
  • New
    $800,000
    2,873 SF
    Two-Family Residential Income Property
    Two fully separate units offer 2 and 4 bedrooms with off-street parking and a detached storage shed.
    11 Windsor Place, Norwalk, CT 06854
    View Details
  • New
    $650,000
    1,330 SF
    Two-Unit Duplex with Private Parking
    Well-maintained duplex with two 1-bedroom units, private parking, and recent interior and exterior updates.
    18 Ivy Place, Norwalk, CT 06854
    View Details
  • New
    $699,900
    1,568 SF
    Two-Family Duplex with Private Decks
    Two residential units include one- and two-bedroom layouts, with finished lower-level rooms and laundry space.
    28 Lincoln Avenue, Norwalk, CT 06854
    View Details

Similar Nearby for Sale

  • New
    $360,000
    Renovated Condo in Desirable Complex
    Rare, renovated three-bedroom condo with modern amenities and convenient location.
    25 Chestnut Street #APT 1-I, Norwalk, CT 06854
    View Details
  • New
    Contact for pricing
    9,600 SF
    Mixed-Use Building with Flexible Unit Use
    NFPA compliance supports residential or office use across the building’s units.
    84 West Ave, Norwalk, CT 06854
    View Details
  • New
    Contact for pricing
    704 SF
    Apartment in SONO Area
    One-bedroom apartment in Norwalk's SONO neighborhood, convenient to amenities.
    83 Washington Street #2I, Norwalk, CT 06854
    View Details
  • New
    $800,000
    2,873 SF
    Two-Family Residential Income Property
    Two fully separate units offer 2 and 4 bedrooms with off-street parking and a detached storage shed.
    11 Windsor Place, Norwalk, CT 06854
    View Details
  • New
    $650,000
    1,330 SF
    Two-Unit Duplex with Private Parking
    Well-maintained duplex with two 1-bedroom units, private parking, and recent interior and exterior updates.
    18 Ivy Place, Norwalk, CT 06854
    View Details
  • New
    $699,900
    1,568 SF
    Two-Family Duplex with Private Decks
    Two residential units include one- and two-bedroom layouts, with finished lower-level rooms and laundry space.
    28 Lincoln Avenue, Norwalk, CT 06854
    View Details

Similar Nearby for Lease

  • New
    $1,800/Mo
    Bright Second-Floor Residential Rental
    Move-in-ready second-floor unit with natural light, one on-site parking space, and strong commuter access.
    117 W Cedar St Second Floor, Norwalk, CT 06854
    View Details
  • $2,800/Mo
    First-Floor Farmhouse Rental Unit
    Vacant first-floor 2-bedroom unit with walkthrough second bedroom, updated bath, gas range, and heat included.
    23 Quintard Ave A, Norwalk, CT 06854
    View Details
  • $3,500/Mo
    Spacious Unit Near Parks
    Four-bedroom unit with flex space in walkable neighborhood.
    134 Woodward Ave 2, Norwalk, CT 06854
    View Details
  • $2,400/Mo
    1,053 sqft
    Second-Floor 1-Bedroom Apartment
    Second-floor unit with hardwood floors, in-unit laundry, and a private deck, plus off-street parking.
    10 Elmwood Avenue, Norwalk, CT 06854
    View Details
  • New
    $3,500/Mo
    1,681 sqft
    Spacious Harbor Shores Unit
    Four-bedroom unit with flex space in Harbor Shores neighborhood.
    134 Woodward Avenue Unit 2, Norwalk, CT 06854
    View Details
  • Contact for pricing
    11,767 sqft
    Sono Square Office Space Available
    Office spaces for lease in South Norwalk mixed-use building.
    22 Elizabeth Street, South, Norwalk, CT 06854
    View Details
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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