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Off marketOpen house: Sat, Jun 3 · 11 AM - 2 PM

Buy a multi-family propertyat 291 Rowayton Avenue, Norwalk, CT 06853

$1,200,000

$0/mo

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Multifamily

2,859 Sq. Ft. lot

342 Days on market

170566756 MLS ID

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About 291 Rowayton Avenue multi-family property

Rare opportunity to own this rare grandfathered three-family investment property with many updates throughout the years in the coastal community of Rowayton. Oversized one car garage and concrete patio additional features. This property abuts the Five Mile River which the owner says HE HAS CAUGHT ARM LENGTH FISH off the beautiful large backyard. Each unit has its own off-street parking, separate utilities and washer and dryer hook-ups. Property also has a possible oversized two car tandem garage. Two-minute short walk to the Rowayton train station perfect for commuters with downtown Rowayton and all the best amenities including private beach, tennis, courts, paddle courts, library, parks, schools and GREAT restaurants that come with living in this amazing close to long island sound community. A truly one-of-a-kind property, with many features that need to be seen in person to fully appreciate. A perfect value investment.
Rare opportunity to own this rare grandfathered three-family investment property with many updates throughout the years in the coastal community of Rowayton. Oversized one car garage and concrete patio additional features. This property abuts the Five Mile River which the owner says HE HAS CAUGHT ARM LENGTH FISH off the beautiful large backyard. Each unit has its own off-street parking, separate utilities and washer and dryer hook-ups. Property also has a possible oversized two car tandem garage. Two-minute short walk to the Rowayton train station perfect for commuters with downtown Rowayton and all the best amenities including private beach, tennis, courts, paddle courts, library, parks, schools and GREAT restaurants that come with living in this amazing close to long island sound community. A truly one-of-a-kind property, with many features that need to be seen in person to fully appreciate. A perfect value investment.

Open houses

Public Open House

Sat, Jun 3, 11:00 AM - 2:00 PM

Property details

Basement

Partial

Unfinished

Bathrooms

3 full bathrooms

3.00 total bathrooms

Bedrooms

6 bedrooms

House

New Construction Type: No/Resale

Built in 1895

Frame

Units on different Floors

Units are Side-by-Side

Community

Library

Park

Playground/Tot Lot

Cooling

None

Disclosures

Radon Mitigation Air YNU: No

Radon Mitigation Water YNU: No

Expenses

Gross Annual Expense: 21656

Exterior Features

Patio

Asbestos

Foundation

Concrete

Stone

Garage

1 garage

Detached Garage

Heating

Electric

Baseboard

Income

Gross Annual Income: 66300

Net Operating Income: 44644

Laundry

Laundry Room Location: Each apartment

All Units Have Hook-Ups

Location

County: Fairfield

Neighborhood: Rowayton

Lot

0 acres

Corner Lot

Level Lot

Parking

5 total parking spaces

Private

Shared

Asphalt

Possession

Possession Availability: IMMEDIATE TO INVESTORS

Property

1942 heated sqft above grade

917 heated sqft below grade

2859 total sqft

3 units

3 units

Direct Waterfront

River

Roof

Asphalt Shingle

Schools

Elementary School: Rowayton

Middle School: Roton

High School: Brien McMahon

Sewer

Public Sewer Connected

Taxes

Year: July 2022-June 2023

Utilities

Fuel Tank Location: Non Applicable

Hot Water: 30 Gallon Tank

Monthly cost

Estimated monthly cost

$9,027/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$1,128,000

+$36,000

$1,164,000

Seller agent commission$36,000 (3%)*

$0 (0%)

Buyer agent commission$36,000 (3%)*

$36,000 (3%)*

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

Get $36,000 more selling your home
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Unreal Estate checked: Aug 8, 2023 at 4:44 p.m.

Data updated: Jun 3, 2023 at 2:48 p.m.

Courtesy of Elliott C Morales, eXp Realty.
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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