Exceptional investment opportunity in a highly desirable Norwalk location! This 6-unit property features a diverse unit mix: one 3-bedroom, one 2-bedroom, and four 1-bedroom units, appealing to a broad tenant base. The 3-bedroom unit includes an in-unit washer and dryer, adding convenience and rental appeal. With below-market rents, this asset presents significant value-add potential through strategic rent increases and property enhancements. Located near major highways, public transportation, shopping, and dining, it has strong tenant demand and long-term appreciation. A prime opportunity for investors looking to maximize cash flow and equity growth.
Under contract
Price cut: $25K (4/2)
$1,374,999
28 Ferris Avenue, Norwalk, CT 06854
9beds
10,043sqft
Est.:
Multi Family
Built in 1975
-- sqft lot
$1,310,100 Zestimate®
$137/sqft
$-- HOA
What's special
In-unit washer and dryer
- 106 days
- on Zillow |
- 88 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: May 08, 2025 at 09:25am
Listed by:
TEAM TEN HOMES AT WILLIAM RAVEIS,
William Raveis Real Estate,
Listing Agent: Joseph Tracey, Co-Listing Agent: Ryan Newport,
William Raveis Real Estate
Source: Smart MLS,MLS#: 24081046

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Gas on Gas, Electric, Natural Gas
Cooling
- Wall Unit(s)
Appliances
- Included: Water Heater
Features
- Basement: Full
- Attic: Walk-up
- Has fireplace: No
Interior area
- Total structure area: 10,043
- Total interior livable area: 10,043 sqft
- Finished area above ground: 4,650
- Finished area below ground: 5,393
Property
Parking
- Parking features: None
Lot
- Size: 10,018.8 Square Feet
- Features: Level
Details
- Parcel number: 250656
- Zoning: D
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Aluminum Siding, Stucco
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Norwalk
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $742,410
- Annual tax amount: $17,514
- Date on market: 3/17/2025
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