263 Main Avenue

Norwalk, CT 06851 Directions
$950,000
  • 5Bed
  • 3Baths
  • 7,320Sqft
  • 0.24Acres
  • 1920Built
  • $130Price/Sqft

Property Highlights

  • Mid. School: Per Board Of Ed
  • Jr. High School: Per Board Of Ed
  • High School: Per Board Of Ed
  • Days on Market: 7
  • MLS: 24171361

Property Highlights

  • Mid. School: Per Board Of Ed
  • Jr. High School: Per Board Of Ed
  • High School: Per Board Of Ed
  • Days on Market: 7
  • MLS: 24171361

A remarkable opportunity to acquire a mixed-use income property in Norwalk. 263 Main Avenue presents four income-producing units - three residential apartments and a street-level commercial space - all operating on month-to-month tenancies, offering an incoming owner maximum flexibility to optimize rents and reposition the asset. Situated on busy Main Avenue with excellent visibility and foot traffic, this property is ideally suited for the savvy investor seeking immediate cash flow with significant upside potential. Whether you choose to hold, renovate, or restructure, this property delivers day-one income and a clear path to a higher cap-rate....

Property Highlights

  • Mid. School: Per Board Of Ed
  • Jr. High School: Per Board Of Ed
  • High School: Per Board Of Ed
  • Days on Market: 7
  • MLS: 24171361

A remarkable opportunity to acquire a mixed-use income property in Norwalk. 263 Main Avenue presents four income-producing units - three residential apartments and a street-level commercial space - all operating on month-to-month tenancies, offering an incoming owner maximum flexibility to optimize rents and reposition the asset. Situated on busy Main Avenue with excellent visibility and foot traffic, this property is ideally suited for the savvy investor seeking immediate cash flow with significant upside potential. Whether you choose to hold, renovate, or restructure, this property delivers day-one income and a clear path to a higher cap-rate. Property is being sold as-is.

A remarkable opportunity to acquire a mixed-use income property in Norwalk. 263 Main Avenue presents four income-producing units - three residential apartments and a street-level commercial space - all operating on month-to-month tenancies, offering an incoming owner maximum flexibility to optimize rents and reposition the asset. Situated on busy Main Avenue with excellent visibility and foot traffic, this property is ideally suited for the savvy investor seeking immediate cash flow with significant upside potential. Whether you choose to hold, renovate, or restructure, this property delivers day-one income and a clear path to a higher cap-rate. Property is being sold as-is.

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  • Additional Information
    • Average Days On Market: 7
    • Basement Description: Partial, Unfinished, Concrete Floor, Full With Hatchway, Partial With Walk-Out
    • Days On Market: 7
    • Elementary School: Per Board of Ed
    • High School: Per Board of Ed
    • Is Occupied?: Tenant
    • Junior High School: Per Board of Ed
    • Living Area SqFt: 7,320
    • Middle School: Per Board of Ed
    • Property Tax: $14,670
    • Sewer: Public Sewer Connected
    • Style: Units on different Floors
    • Subtype: 3 Family
    • Tax Amount: $14,670
    • Tax Year: July 2025-June 2026
    • Type: Multi-Family For Sale
    • Unit Count: 3
    • Year Built: 1920
    • Year Built Details: Public Records
    • Zoning: B2
  • Interior/Exterior Features
    • Air Conditioning: Wall Unit
    • Beds: 5
    • Cooling: Wall Unit
    • Exterior Siding: Vinyl Siding
    • Full Baths: 3
    • Heat: Gas on Gas
    • Hot Water: Natural Gas, Tank Size Unknown
    • Roof: Asphalt Shingle
    • Rooms: 11

Listing Courtesy of Jennifer McDade of BHHS Darien/New Canaan.

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