34 & 34.5 Benedict StNorwalk, CT 06850

Property Details for 34 & 34.5 Benedict St

Property size (Sq ft)

1,439 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional multifamily investment opportunity in Norwalk, Connecticut, presents a rare chance to acquire two side-by-side properties at 34 and 34.5 Benedict Street, zip code 06850, located in Fairfield County. The property consists of three units totaling 1,439 to 1,746 square feet. One unit is a three-bedroom single-family home, while the other is a four-bedroom two-family home. Significant improvements have been made within the last six years, including a complete interior remodel of all units. Upgrades feature new flooring, fresh paint, granite countertops, stainless steel appliances, and in-unit washer/dryer hookups. Each unit also benefits from individual split unit heating and air conditioning systems. Furthermore, the property boasts recently replaced siding and roofing (within the last two years), ensuring long-term durability and reduced maintenance costs. A detached garage is included and currently rented, providing additional income potential. Currently, the units are rented below market value, presenting a significant opportunity to increase cash flow. This property offers a compelling combination of immediate income generation and substantial value-add potential. The immaculate condition of the units and the recent upgrades make this an attractive investment for discerning buyers.

Location Insight

City

Norwalk

County

Fairfield

State

Connecticut

Latitude

41.1127

Longitude

-73.4305

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