38 days on market
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666-664 Main Avenue, Norwalk CT 06851

Current Price: $1,595,000

7 beds 11 baths 5925 sq. ft

Last Update: 11/21/2024

Property Type: Multi-Family For Sale

Public Remarks

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.

Town Line complex consist of total 43 units compromised of 12 retail and 31 residential units. 18 units investors owned 24 units owner occupied

Map to Property at 666-664 Main Avenue, Norwalk CT 06851


North on Main Ave (RT7) turn right on to Foxboro Dr Town Line Shopping center on your left. Enter rear entrance to residential units Lobby. Town line complex located right between Walmart and Gateway (TJMax) shopping plaza.

Residential Property Information for 666-664 Main Avenue, Norwalk CT 06851

MLS #: 24053003

Style: Units on different Floors

Color: neutral

Total Rooms:

Bedrooms: 7

Bathrooms: 11

Acres: 0.1

Year Built: 1989 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $20,757

Zoning: B2

Mil Rate:

Assessed Value: $1,074,750 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 5925; below grade sq feet total is ; total sq ft is 5925

Features
Laundry Location & Info: Washer/Dryer All Units  each unit has their own washer and dryer
Fireplaces: 0
Basement Desc.: Full,Shared Basement,Full With Walk-Out
Exterior Siding: Stucco
Exterior Features: Balcony
Foundation: Concrete
Roof: Asphalt Shingle
Parking Spaces: 0
Garage/Parking Type: None
Swimming Pool: 0
Waterfront Feat.: Beach Rights
Lot Description: City Views
Nearby Amenities: Commuter Bus,Health Club,Medical Facilities,Public Transportation,Shopping/Mall,Walk to Bus Lines
In Flood Zone: 0
Occupied: Tenant
HOA Information

HOA Fee Amount 2116

HOA Fee Frequency: Monthly

Association Amenities: .

Association Fee Includes: Grounds Maintenance,Trash Pickup,Snow Removal,Water,Property Management,Insurance

Utility Information

Hot Water System Electric,Upright Tank

Heat Type: Heat Pump,Hot Air

Fueled By: Electric.

Cooling: Central Air

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle: West Rocks

High School: Norwalk

Marketing History

Current List Price: $1,595,000

Original List Price: $1,595,000

DOM: 38

Listing Date: 10/14/2024

Last Updated: 10/14/2024 2:00:01 PM

Listing Agent and Broker

List Agent Name: Ann Rosati

List Office Name: William Raveis Real Estate