54 Fairfield Avenue, Norwalk (South Norwalk), CT, 06854 | $1,100,000

Introducing an exquisite legal neoclassical Victorian 4-family house with 5 units located in a sought-after D zone. Property boasts 3, 317 square feet. All units have separate utilities, showcasing elegant high ceilings and original interior and exterior accents. Noteworthy updates include renovated bathrooms in 3 of the units. Ample parking amplifies the convenience, while its prime location offers easy access to I-95, Merritt Parkway, SoNo Collection, Whole Foods, vibrant dining spots, trendy SoNo district, and beautiful beaches. Explore potential development opportunities, subject to individual due diligence with the town. 4 of the 5 units are currently rented and the tenants are month to month. House is sold, 'As Is. '

Features

  • Town: Norwalk
  • Amenities: None
  • Rooms: 18
  • Bedrooms: 7
  • Baths: 5 full
  • Units: 5
  • Style: Units on different Floors
  • Year Built: 1877
  • Garage: Driveway,Off Street Parking
  • Heating: Steam
  • Cooling: None
  • Basement: Full,Dirt Floor
  • Above Grade Approx. Sq. Feet: 3,317
  • Acreage: 0.27
  • Est. Taxes: $13,659
  • Lot Desc: City Views,Level Lot
  • Elem. School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • MLS#: 170603325
  • Days on Market: 349 days
  • Website: https://www.raveis.com
    /prop/170603325/54fairfieldavenue_norwalk_ct?source=qrflyer
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Listing courtesy of Higgins Group Bedford Square

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NMLS Mortgage Loan Originator ID 69244

914.260.2006

Francine.Silberman@raveis.com

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Mace L. RattetVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69957

914.260.5535

Mace.Rattet@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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54 Fairfield Avenue, Norwalk (South Norwalk), CT, 06854

$1,100,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Francine Silberman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.2006

Francine.Silberman@raveis.com

NMLS Mortgage Loan Originator ID 69244

Mace L. Rattet

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.5535

Mace.Rattet@raveis.com

NMLS Mortgage Loan Originator ID 69957

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $880,000 $880,000 $880,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $1,138 $1,138 $1,138
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $4,997 $5,490 $7,367
Total Monthly Payment $6,260 $6,753 $8,630

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.