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4 Lewis St 6 Unit Apartment Building $1,628,400 CAD ($271,400 CAD/Unit) Norwalk, CT 06851

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Investment Highlights

  • Historic Norwalk Property in Revitalization Area, with State, and Federal Funding Opportunities. Parking on site ample.

Executive Summary

Unique revitalization of the entire Norwalk Community with Federal and State Funding, incentives and future development. Perfect for 1031 Investment. Just released information about New Incentives in Historical Norwalk Mainstreet. New Sidewalks with Granite Curbs, in ground electrical with new streetlamps, etc. to be completed soon with $21 M in state funding with another $27M available to recapture the importance of one of the oldest cities in the US, while revitalizing the surrounding community. This property is steps away from Green District and all updates of the Historical Revitalization Area. Inclusion at 4 Lewis of HUBZone and Opportunity Zone provides incentives for Small Business Office or Live/Work Opportunities extended to this location. Now is the time to invest in this with City Officials cooperation for great ROI and potential Cap Rate. Unique conversion possible with buildout for Multi-Family or Office, taking advantage of many tax incentives. Original details are preserved antique home. "AS IS" - Registered as a single family since 1844, zoned Restricted Business District in the City of Norwalk, CT - (Due Diligence needed to appreciate may advantages.) QUALIFIED CASH OFFERS ONLY - Call or text 917-715-1775.See Brochure for additional information. Open House to be announced.

Property Facts

Price $1,628,400 CAD
Price Per Unit $271,400 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.34 AC
Building Size 3,297 SF
Average Occupancy 100%
No. Stories 2
Year Built 1844
Opportunity Zone Yes
Zoning RB - Restricted Business in City of Norwalk, CT
Walk Score®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
NORW-000001-000068-000024
Land Assessment
$232,915 CAD
Improvements Assessment
$458,449 CAD
Total Assessment
$691,364 CAD
  • Listing ID: 29843499

  • Date on Market: 2023-10-20

  • Last Updated:

  • Address: 4 Lewis St, Norwalk, CT 06851

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