13 South Street, Norwalk, CT 06854
Local realty services provided by:ERA Key Realty Services
13 South Street,Norwalk, CT 06854
$1,899,000
- 1 Beds
- 2 Baths
- 4,942 sq. ft.
- Multi-family
- Pending
Listed by: aaron goldberg(203) 561-0362
Office: coldwell banker realty(203) 254-7100
MLS#:24195849
Source:CT
Price summary
- Price:$1,899,000
- Price per sq. ft.:$384.26
About this home
Rare opportunity to acquire an 8-unit investment property. This income property has substantial operational flexibility, exceptional long-term upside and strong rental history. Situated on a favorably zoned parcel, the property consists of two separate buildings totaling eight units. The rear building, constructed in 2006, features 4 units comprised of 2 residential units and 2 commercial units. Approved permits are already in place to convert the commercial end units into residential apartments, allowing an investor to capitalize on the stronger residential rental market or keep the commercial spaces if desired. The building is equipped with natural gas, central air, and offers valuable attic and basement storage rarely found in comparable rental properties. The front building is a classic four-family home dating back to the 1930s and includes two main level apartments, comprised of a two-bedroom and 1-bedroom unit, and additional attic and basement apartments. Long-term tenants currently occupy the main level on month-to-month leases at well below market rents, presenting a significant value-add opportunity through future rent adjustments. Recent improvements include a new roof, newer hot water heaters, low-maintenance vinyl siding, and ample off-street parking. What truly sets this property apart is its zoning allowing 4 story building height and density up to 11 units. This property sits close to route 1 and I-95 making this a rare real estate asset in the Norwalk area....
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Home facts
- Year built:2006
- Listing ID #:24195849
- Added:56 day(s) ago
- Updated:September 30, 2026 at 12:46 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Rooms Total:4
- Basement Description:Partial
- Living area:4,942 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Hot Air
- Central air:Yes
Structure and exterior
- Roof:Asphalt Shingle
- Year built:2006
- Building area:4,942 sq. ft.
- Lot area:0.43 Acres
- Lot Features:On Cul-De-Sac
- Construction Materials:Vinyl Siding
- Exterior Features:Underground Utilities
Schools
- High school:Brien McMahon
- Elementary school:Per Board of Ed
Utilities
- Water:Public Water Connected
- Sewer:Public Sewer Connected
Finances and disclosures
- Price:$1,899,000
- Price per sq. ft.:$384.26
- Tax amount:$29,724 (July 2025-June 2026)
Parking
- Total parking spaces:20
- Parking description:Attached Garage, Off Street Parking, Paved
- Garage:Yes
- Garage spaces:8
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