In a market void of multi-family properties, 130 West Cedar shines above any potential new inventory. Well-maintained by the same owner since 1975, this home has had most everything updated as needed. With two units, each with two bedrooms and one bath, the income potential is high. With rents that are well below market value, a new owner can increase the income of this property by tens of thousands of dollars each year. Conservatively, there is room to increase by $400-$600 per unit. There is a 2-car detached garage, a large back yard, and basement and attic space. The home is heated by gas. Each Unit has two bedrooms and one bath; the bottom unit has a second tandem room, a possible third bedroom. Hardwood floors throughout all 1,000 sq/ft of living space per unit. Both units have a washer, and one unit a dryer. Large basement with mechanicals and storage, and large attic up. See it quickly!
Off market
$697,500
130 W Cedar St, Norwalk, CT 06854
4beds
1,732sqft
MultiFamily
Built in 1930
-- sqft lot
$697,500 Zestimate®
$403/sqft
$3,309 Estimated rent
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What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Gas
Cooling
- Other
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 1,732 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached
Features
- Exterior features: Other
Lot
- Size: 6,969 sqft
Details
- Parcel number: NORWM5B64L53
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1930
Community & neighborhood
Location
- Region: Norwalk
Services availability

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