666-664 Main Avenue Under Contract

Norwalk,CT 06851

$ 1595000

0 Bed

11 Baths

5925 SqFt


Key Details

Property Type Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 5,925 sqft

Price per Sqft $269

MLS Listing ID 24053573

Full Baths 6

Half Baths 5

HOA Fees $2,116/mo

Year Built 1989

Annual Tax Amount $20,757

Lot Size 435 Sqft

Property Description

Unique opportunity for investors to purchase this residential exceptional well maintained total of 6 units as a package of (5) 1.5 bath townhouse style condominiums and one 2 bedroom unit. The one bedroom units features modern open layouts with pergo floors on the first floors and carpeting in bedrooms on the second floor plus large private balcony. The 2 bedroom unit has W/W carpeting. The 2 bedroom unit is in building B 664 Main ave address. Some of the units has ben updated and the new owners has a benefit of adding value through additional upgrades to increase current rents to current market. Town line condominium complex are conveniently located right on the Wilton line offering easy access to major transportation, restaurants and shopping. Prime rental location, opportunity to purchase in bulk at below the cost of comparable individual sales. Tenants responsible for heat, A/C and electric. Large basement for individual storage units for tenants. Current rent is below to comparable market rents. Opportunity to renovate units to achieve higher rents flow.

Location

State CT

County Fairfield

Zoning B2

Interior

Heating Heat Pump

Cooling Central Air

Exterior

Exterior Feature None

Utilities Available Electric

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

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