54 1st Street Norwalk, CT $ 1,200,000
54 1st Street
$ 1,200,000
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54 1st Street

Norwalk, CT, 06855
$ 1,200,000
Bedrooms3 Baths3.1 Sq 2,176

Monthly Estimate*

$ 7,389

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Multi-Family Home for sale in Norwalk, CT

for $1,200,000 with 3 bedrooms and 3 full baths, 1 half bath. This 2,176 square foot home was built in 1885 on a lot size of 0.17.

East Norwalk Rare opportunity to own a legal 3-family restored Victorian house with separate barn studio/office and 2-car garage. This amazing one of a kind property is perfect for owner occupant or investor. Incredible income and low maintenance with many updates and improvements. Some of the features include Separate updated mechanicals, new roof, off street parking for 6 vehicles, Partly finished basement with washer/dryer/1/2 bath, enclosed front porch, refinished hardwood floors, and just painted on the interior/exterior. The second building on the property is a charming converted studio barn with vaulted ceilings and beams and attached 2-car garage completed in 2008 with separate panel & fully insulated. 5 minute walk to East Norwalk train station, Beaches, parks, neighborhood restaurants, and South Norwalk (SoNo). 5 minute drive to Westport. 3 Apts: Private entrances for each apartment on 3 floors. Hardwood floors throughout all apartments. New window blinds throughout. Apt 1: 1br, 1.5 bath, eat-in-kitchen, open living room and dining room. New water heater 2021. Apt 2: 1br, 1bath, large eat-in kitchen, open living room and dining room. New steam boiler 2023, new water heater 2021, new fridge 2023. Apt 3: 1br, 1bath, kitchen open to living room area. New water heater 2021, new fridge 2022, microwave 2023. Professionally painted exterior 2023, hardwood floors refinished 2022, and interior painted 2025. Basement: Laundry - Washer and dryer hookups for each apartment, landlord/ contractor full bath, and partly finished w/ separate secured storage room. Other notes: gas line main from street to house was recently updated with new meters, city Water/Sewer, and all new fiber-optic cable installed in all 3 apartments.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 10,376

Style

Lot Size

0.17

Year Built

1885

Town/City

Norwalk

MLS | Web ID

24159964

Features
General
Zoning C
Neighborhood East Norwalk
County Fairfield
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Active
Acres 0.17
Directions East Avenue to Gregory Boulevard to First Street
High School Norwalk
City Norwalk
Elementary School Marvin
Sq Ft Total 2176
DOM 3
Year Built 1885
Style Units on different Floors
Year Built Source Public Records
Net Operating Income 66266
Energy Features Ridge Vents
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Interior
Cooling System None
Total Number of Units 3
Total Rooms 12
Basement Description Full Storage Interior Access Partially Finished Full With Walk-Out
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Exterior
Water Source Public Water Connected
Lot Description Lightly Wooded Level Lot
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* Excluded Features
List By
Ellen Balazs

Listing Agent

Berkshire Hathaway Ne Prop.

Broker

ebalazs@bhhsne.com

Email

Affordability Calculator

$8,253
Per Month
90%
10%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$865
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4810240 Elementary School
4810241 Middle School
Norwalk High School High School
Pricing History
DatePricePrice ChangeDescription
3/19/2026$1,200,000 Listed Price

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54 1st Street, Norwalk, CT, 06855 is a Multi-Family Home for sale at $1,200,000 with 2,176 sqft and a lot size of 0.17. 54 1st Street has 3 bedrooms, 3.1 baths, and was built in 1885. The property's zip code is 06855 which is in Norwalk, CT