Amazing opportunity to purchase a 10 unit investment property (1 commercial tenant + 9 residential units) - All units are 1 BR apartments and were renovated in 2023, featuring new kitchens with quartz counters and stainless steel appliances, new bathrooms, new flooring, new HVAC, and private laundry in each apartment - Private parking in rear parking lot - Property is fully rented - Potential to add up to 18 additional units on the property, buyer to do their own due diligence - Email listing agent with any questions
Property Details
Property Features
Property Information:
Year Built: 1965
Living Area: 8,791 SqFt
Listing Office:
Office Name: Milligan Realty.com
Office Phone: (203) 849-8100
Listing Agent: Todd Turcotte
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 9
Total Bedroom Count: 10
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Parking: None
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.31 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Ductless
Other
Directions Information:
Directions: 5 Mott Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $3,500,000
Price Per SqFt: $398/SqFt
Tax Information:
Annual Amount: $17,616
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Norwalk, CT.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Tracey Elementary School
20 Camp St
Distance between this listing and this school0.61 miles
Public Magnet Grades KG-5
4
/10
Kendall Elementary School
57 Fillow St
Distance between this listing and this school0.91 miles
Public District Grades KG-5
5
/10
Naramake Elementary School
16 King St
Distance between this listing and this school1.36 miles
Public District Grades KG-5
Nearby Schools
5
/10
Nathan Hale Middle School
176 Strawberry Hill Ave
Distance between this listing and this school1.12 miles
Public District Grades 6-8
5
/10
West Rocks Middle School
81 W Rocks Rd
Distance between this listing and this school1.30 miles
Public District Grades 6-8
3
/10
Ponus Ridge Middle School
21 Hunters Ln
Distance between this listing and this school1.36 miles
Public District Grades 6-8
Nearby Schools
3
/10
Norwalk High School
23 Calvin Murphy Dr
Distance between this listing and this school1.43 miles
Public District Grades 9-12
7
/10
Center for Global Studies
300 Highland Ave
Distance between this listing and this school2.25 miles
Public Magnet Grades 9-12
3
/10
McMahon High School
300 Highland Ave
Distance between this listing and this school2.25 miles
The neighbors living near this home have an average income of $43,986. Most Norwalk, CT residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Living In Norwalk, CT
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
Types of housing in Norwalk, CT.
The housing landscape in Norwalk is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences. Architectural styles range from charming colonial to sleek contemporary, with a significant portion of homes constructed in the latter half of the 20th century. The homeownership rate in Norwalk is robust, with a substantial percentage of residents owning their homes, while the remainder of the population resides in rental properties.
What is it like to live in Norwalk, CT?
Norwalk prides itself on its coastal charm and vibrant community spirit. The city is celebrated for its annual Oyster Festival, which showcases the local maritime heritage and brings together residents for a weekend of entertainment and culinary delights. The community's character is further enriched by its array of public art installations and the presence of historical landmarks that offer a glimpse into the city's past.
Is it easy to get around Norwalk, CT without a car?
Residents of Norwalk benefit from a well-rounded array of services, including a network of public schools that serve the educational needs from elementary through high school levels, as well as private institutions that offer alternative educational options. The city is home to several healthcare facilities providing a range of services from primary care to specialized treatments. Retail and dining establishments reflect the local culture, with an emphasis on seafood and regional cuisine. The city is proactive in adapting its services to meet the evolving needs of its diverse population.
Transportation in Norwalk, CT.
Norwalk's transportation infrastructure supports both private and public transit options, with a network of roads and highways that facilitate travel within the city and to neighboring areas. Public buses operate on established routes, with varying frequencies depending on the time of day and specific route. The city also supports alternative transportation methods, including a bike-sharing program and designated pedestrian-friendly zones that encourage walking. Efforts are ongoing to enhance the efficiency and accessibility of the city's transportation system.
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This home is located at 5 Mott Ave in Norwalk, CT and zip code 06850. This 8,791 square foot home, which was built in 1965, sits on a 0.31 acre lot. Features: 10 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $3,500,000.
In November 2024, from all listings sold in Norwalk, CT there were more than 38 sold above asking price, over 19 sold below and more than 6 were sold right at the asked price. The number of listings in Norwalk, CT decreased by 15.7% between October 2024 and November 2024.
From Rocket Homes Real Estate and based on county public records data.
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