Listed by CENTURY 21 AllPoints Realty
$1,995,000
14 Fairfield Avenue
Details
Property Type Special Purpose, Land
Sub Type Commercial, Other
Square Footage 6,163
Units 8
Cap Rate 3.69%
NOI $73,715
Year Built 1900
Acreage 0.340
Zoning CD3
Special Purpose | 3.69% CAP | 6,163 SqFt
Marketing description
Multiple facets of income and opportunity from this 8-unit apartment complex on the market for the first time in Norwalk, CT. Four 2 bedroom, 5 rooms and 1-bathroom units, Three 2 bedroom, 4 rooms and 1 bathroom units and One 1 bedroom, 3 rooms and 1 bathroom unit. Prime location, cross streets are R1-Connecticut Ave, Flax Hill and Washington Street in SoNo. Current rents are significantly under market value. It is within a 1/2-mile radius of the South Norwalk Train Station, Downtown SoNo, Grocery Stores, Restaurants, Parks, I-95, RT 7 Connector, The SoNo Collection and more.
Listing Contacts
Listed by CENTURY 21 AllPoints Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$73,715.00
$6,142.92/mo
Valuation Metrics
0
DSCR
3.69%
Cap Rate
3.69%
ROI
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