22 days on market
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16 Hill Street, Norwalk CT 06850

Current Price: $1,120,000

7 beds 5 baths 3216 sq. ft

Last Update: 1/5/2025

Property Type: Multi-Family For Sale

Public Remarks

Discover the exceptional potential of 16 Hill St, a versatile two-family home located in the heart of Norwalk. With 3,216 square feet of living space, this property offers side-by-side units, providing privacy and functionality, each with generous layouts and ample storage. Set on a .26-acre lot in a CD-2 zone, the home also includes a 2-car attached garage, a front porch, a shed, a part finished basement and a small playground area-perfect for added convenience and outdoor enjoyment. Positioned for lifestyle and convenience, this property is less than a minute from I-95, just minutes from the Merritt Parkway, and a stones throw from the Norwalk River Valley Trail (literally under 500 feet from front door), offering outdoor recreation right at your doorstep. Enjoy proximity to shopping and dining options within half a mile, and take advantage of the vibrant entertainment and retail experiences at SONO Collection and SONO, less than 2 miles away. Currently with low rents, this property holds significant income potential, whether through increased rents or exploring the zoning opportunities to add additional units or even convert the garage to living space. Perfect for investors or homeowners seeking income generation, this large two-family home is brimming with opportunity. Make the most of this rare find in Norwalk--imagine the possibilities and unlock its full potential today!

Map to Property at 16 Hill Street, Norwalk CT 06850


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Residential Property Information for 16 Hill Street, Norwalk CT 06850

MLS #: 24063574

Style: Units are Side-by-Side

Color: White

Total Rooms:

Bedrooms: 7

Bathrooms: 5

Acres: 0.26

Year Built: 1925 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $11,982

Zoning: CD-2 (new zoning regs)

Mil Rate:

Assessed Value: $508,880 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 3216; below grade sq feet total is ; total sq ft is 3216

Features
Laundry Location & Info: All Units Have Hook-Ups,Washer/Dryer All Units 
Fireplaces: 0
Attic: Access Via Hatch
Basement Desc.: Partial,Storage,Partially Finished
Exterior Siding: Vinyl Siding
Exterior Features: Covered Deck
Foundation: Block
Roof: Shingle
Parking Spaces: 2
Driveway Type: Private
Garage/Parking Type: Attached Garage,Paved,Driveway
Swimming Pool: 0
Waterfront Feat.: Beach Rights
Lot Description: Level Lot
Nearby Amenities: Park,Playground/Tot Lot,Public Transportation,Shopping/Mall
Occupied: Tenant
Utility Information

Hot Water System Other

Heat Type: Baseboard,Hot Air

Fueled By: Gas In Street.

Cooling: Central Air,Window Unit

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle:

High School: Per Board of Ed

Marketing History

Current List Price: $1,120,000

Original List Price: $1,120,000

DOM: 22

Listing Date: 12/10/2024

Last Updated: 12/14/2024 5:05:06 AM

Expected Active Date: 12/14/2024

Listing Agent and Broker

List Agent Name: Joe Balestriere

List Office Name: William Raveis Real Estate