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Buy a multi-family propertyat 1 Spring Hill Avenue, Norwalk, CT 06850

$949,000

$0/mo

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Multifamily

340 Days on market

170571779 MLS ID

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About 1 Spring Hill Avenue multi-family property

This property consists of two (2 Bedroom) residential apartments and on the ground level is a retail liquor store.Apartments are under market rents and are on month to month leases with rents of $1,200.00 and $1,300.00 per month plus utilities. The liquor store pays $2,500.00 per month plus utilities, plus the store takes care of snow plowing and landscaping. Store lease expires January 31st 2029 and has a five year option. Rent increase $100.00 per month in 2025.Taxes are $8,201.56. Insurance is $1,935.00 per year. Water is $1,000.00 per year.Roof is 12 years old.
This property consists of two (2 Bedroom) residential apartments and on the ground level is a retail liquor store.Apartments are under market rents and are on month to month leases with rents of $1,200.00 and $1,300.00 per month plus utilities. The liquor store pays $2,500.00 per month plus utilities, plus the store takes care of snow plowing and landscaping. Store lease expires January 31st 2029 and has a five year option. Rent increase $100.00 per month in 2025.Taxes are $8,201.56. Insurance is $1,935.00 per year. Water is $1,000.00 per year.Roof is 12 years old.

Property details

Basement

Full

Fully Finished

House

New Construction Type: No/Resale

Built in 1925

Cooling

Window Unit

Exterior Features

Asbestos

Foundation

Masonry

Stone

Heating

Natural Gas

Hot Air

Location

Neighborhood: N/A

Lot

0 acres

Sloping Lot

Possession

Possession Availability: AT CLOSING

Property

2162 heated sqft above grade

732 heated sqft below grade

2894 total sqft

Not Applicable

Roof

Asphalt Shingle

Schools

Elementary School: Per Board of Ed

High School: Per Board of Ed

Sewer

Public Sewer Connected

Utilities

Fuel Tank Location: Non Applicable

Hot Water: 30 Gallon Tank

Monthly cost

Estimated monthly cost

$7,139/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$892,060

+$28,470

$920,530

Seller agent commission$28,470 (3%)*

$0 (0%)

Buyer agent commission$28,470 (3%)*

$28,470 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $28,470 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:44 p.m.

Data updated: Jun 14, 2023 at 5:47 p.m.

Courtesy of John Zervos, DVB Commercial Realty LLC.
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.
Listing Information © 2024 SmartMLS, Inc. All Rights Reserved.

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