1 month on rocket

Sale Pending

51 Fairfield Ave, Norwalk, CT, 06854

$1,250,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Full Baths
3,047 SqFt
$410/SqFt
Multi

Location

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51 Fairfield Ave, Norwalk$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1912
HeatingHot Water
CoolingNone
BasementYes
WaterfrontBeach
MLS #24056709
Lot Size0.20 Acres
StatusSale Pending
(Under Contract)

About 51 Fairfield Ave

**Investment Opportunity: Five-Unit Multi-Family Home in Norwalk, CT with all utilities seperate** Welcome to this prime multi-family property in the heart of Norwalk, perfectly situated near the mall, train station, and I-95. This five-unit building offers both convenience and tremendous investment potential. Four of the five units have been beautifully updated, featuring modern amenities and stylish finishes that appeal to today's renters. These units are ready for immediate occupancy or leasing, making it a fantastic opportunity for generating income. Located in a thriving area, this property benefits from a strong rental market, with high demand for housing due to its proximity to shopping, dining, and public transportation. The potential for appreciation in this growing neighborhood adds to its attractiveness for investors. With one unit currently available for renovation, there's a unique opportunity to add value and increase rental income. Additionally, the property includes large parking lot in back. This multi-family home is ideal for seasoned investors looking to expand their portfolio or newcomers seeking a lucrative opportunity. Don't miss out on this chance to own a piece of Norwalk's vibrant real estate market. Schedule a viewing today and explore the possibilities!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1912
  • Living Area: 3,047 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (203) 429-4020
  • Listing Agent: Robbie Salvatore

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: Fairfield Ave to Garner, driveway on the left, dirt road to the back of 51 Fairfield Ave. Green house next to brick house.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $410/SqFt

Tax Information:

  • Annual Amount: $8,776
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Norwalk, CT.

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Norwalk, CT

City

Med. Sold Price

$614.9K

Med. Price/SqFt

$363

# of Sold Homes

63

51 Fairfield Ave vs Norwalk

55 DAYS ON ROCKET

$1,250,000

+$635K More

$410/SqFt

+$46 More

KEY TAKEAWAY

This property is $635K more than the Median Sold Price and $46/SqFt more than other homes in Norwalk, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24056709

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (203) 429-4020
  • Listing Agent: Robbie Salvatore

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/26/2024, 11:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$8,776$366,128
2020$8,771$366,128
2019$8,536$366,128
2018$8,079$303,670
2017$7,799$303,670

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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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.

Nearby Schools

school-card-donut-1633963
3
/10

  • Brookside Elmentary School

  • 382 Highland Ave

  • 1.08 miles

  • Public District Grades KG-5

school-card-donut-1633964
4
/10

  • Kendall Elementary School

  • 57 Fillow St

  • 1.12 miles

  • Public District Grades KG-5

school-card-donut-1633965
4
/10

  • Tracey Elementary School

  • 20 Camp St

  • 1.56 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,766. The majority of Norwalk, CT residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree 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.

Rocket Homes›Connecticut›Fairfield County›Norwalk›06854›51 Fairfield Ave

This home is located at 51 Fairfield Ave in Norwalk, CT and zip code 06854. This 3,047 square foot home, which was built in 1912, sits on a 0.20 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $1,250,000.

In November 2024 more than 38 listings in Norwalk, CT were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 19 were sold below. The number of homes for sale 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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