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1 Spring Hill Avenue Norwalk, Connecticut 06850
$949,000
  • For Sale
  • 2894 SqFt
  • Year Built 1925
  • Multi Family
  • ML# 170571779

Property Details

Overview

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.OWNER WILL FINANCE WITH 25% DOWN

Key Facts

  • SqFt: 2894.00
  • Lot Size: 0.12
  • Lot Sq Ft: 2894
  • Zoning: C

Additional Features

  • Construction Materials: No/Resale
  • Building Size: 2894
  • Garage: 0.0
  • Parking Facilities: Paved, Off Street Parking
  • Waterfront Desc: Not Applicable

Interior & Utilities

  • Heat: Hot Air
  • A/C: Window Unit
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected
Listing Information provided courtesy of DVB Commercial Realty LLC  
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