Active

13 South Street

Norwalk, CT 06854
Mark as Favorite
Bed 9

Bed

Bath 12

Bath

SqFt4,942

Sqft

Acres0.43

Acre(Lot)

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 classi c 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.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $1,899,000

AD Id : 89103219

MLS Id : 24195849

Beds : 9

Lot Size : 0.43 Acre

Living Area Size : 4,942

Year Built : 2006

Garage : 8

County : Fairfield

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 9

    Bathroom Information

    Total Baths: 12 Full Baths: 8 Half Baths: 4

    Room Information

    Rooms Total: 28 Has Basement: Yes Basement: Partial
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 2006 Building Area Total: 4942 Construction Materials: Vinyl Siding, Frame Private Pool: No Water front Features: Beach Access

  • Lot Information

    Lot Size Acres: 0.43 Lot Description: Cul-De-Sac

  • Listing Price Information

    Listing Price: $1899000

  • Tax Information

    Parcel Number: 233108 Annual Tax: $29724

  • Parking Information

    Parking Total: 20 Off Street, Paved, Attached

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 8

  • School Information

    Elementary School: Per Board of Ed
    Junior High School:
    Senior High School: Brien McMahon
  • Utility Information

    Underground Utilities
  • Location Information

    Direction: Taylor Avenue to South St WaterSource: Public
Sell a home like this and save $113,441 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
18 Lawrence Street, Norwalk, CT, 06854 $729,000 5 3 1,976 1,976 SqFt
11 Windsor Place, Norwalk, CT, 06854 $800,000 6 4 2,210 2,210 SqFt
53 1/2 Elmwood Avenue, Norwalk, CT, 06854 $799,900 7 3 2,440 2,440 SqFt
36 Taylor Avenue, Norwalk, CT, 06854 $1,300,000 6 4 3,209 3,209 SqFt
18 Ivy Place, Norwalk, CT, 06854 $650,000 2 2 1,330 1,330 SqFt

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

ByOwner last updated this listing 08/09/2026 @ 18:05

MLS: 24195849 LISTED BY: Aaron Goldberg, Coldwell Banker Realty SOURCE: SmartMLS

Homes around $1,899,000

Selling? Save $113,441 when you sell a home like this

Tour with a ByOwner Agent