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31480998
31480999

4 Larsen St, Norwalk, CT 06854

$2,100,000
66 days on market
Updated 66 days ago
Opportunity zone

4-6 Larsen Street Norwalk, CT

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,304
Units 6
Cap Rate 6.02%
NOI $126,402
Occupancy 100%
Price per SqFt $396
Year Built 1870
Year Renovated 2020
Buildings 1
Stories 3
Acreage 0.230
Zoning C
Investment Type Value Add
Sale Condition For sale by owner

4-6 LARSEN STREET NORWALK CT

Marketing description

Perfect for all investors, this rare, fully renovated 6 Unit apartment building is now for sale in South Norwalk.

This property was completely gutted and renovated on the inside and out. Each apartment unit has high end finishes with

modern designs.

Finishes include white kitchen cabinetry, wood-look vinyl flooring, stone countertops, subway tile backsplash, and subway tile shower walls.

Washer Dryer each unit, Full Stainless Steel Appliance Packages

Separate Metering for Each Unit

Most units boast open concepts from the living room to the kitchen, and appeal to today's renters.

Rents are at a great level for this market, with room to grow

The property also has a gated parking lot with 12 spaces (2 per unit).

Walking distance to Metro North SONO Train Station

Investment highlights

• Modern designs in each unit

• Modern White & Black exterior

• Room for Value Add

• All New Finishes, Stone Counters

• Washer Dryer each unit, Full Stainless Steel Appliance Packages

• Separate Metering Heat, Electric

• Automatic gate secured off-street Parking 12 Spaces

Listing Contacts

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$126,402.00
$10,533.50/mo

Valuation Metrics

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DSCR
6.02%
Cap Rate
6.02%
ROI

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