USACTNorwalkSouth Norwalk13 South St
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$1,899,000

For Sale

6 days ago

13 South St, Norwalk, CT

House

MLS® 24195849

9 Bed

12 Bath

--

20 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $29,724
Days Active 6
Lot Size 0.43 Acres
Approx. Age 2006
MLS® Number 24195849

Property Address: 13 South St, Norwalk, CT, 06854-2660

Average square foot calculated using Size range provided by listing agent.

Description

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., Contact agent for breakdown details on both buildings. Sellers agent has a long history of renting out units in both buildings. listing data is mixed for both buildings. Agent related to sellers.
MLS® Number24195849
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2006
BasementPartial
DrivewayAttached Garage, Paved, Off Street Parking
Garage Spaces
HeatNatural Gas, Hot Air
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 4, 2026List Date
$1,899,000List Price
May 13, 2025End Date
$1,400Sold Price

Leased

May 5, 2025List Date
$1,400List Price
Oct 8, 2024End Date
$1,375Sold Price

Leased

Oct 4, 2024List Date
$1,300List Price
  • Commute

Commute

Starting Address
Destination Address
13 South St, Norwalk, CT

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