Recently Listed Open House 6/6 12pm - 3pm
19 Urban Street
New Canaan, CT, 06840 $ 1,950,000
Bedrooms5 Baths3.0 Sq 2,534 Monthly Estimate*
$ 12,006
for $1,950,000 with 5 bedrooms and 3 full baths. This 2,534 square foot home was built in 1941 on a lot size of 0.21.
Exceptional investment opportunity in the heart of New Canaan. This fully leased, income-producing 3-family property offers immediate cash flow and long-term value in one of Fairfield County's most desirable communities. Generating $8,450 per month in rental income, the property is meticulously maintained and features 3 well appointed residences, each with in-unit laundry, garage and functional layouts that attract quality tenants. A rare offering, the property includes 6 garage spaces-4 attached to the main residence plus a detached 2-car garage with loft storage-providing additional rental potential, storage, or future flexibility. The charming grounds feature a delightful yard and garden setting, creating an appealing environment for both residents and owners. Ideally located within walking distance to New Canaan's vibrant downtown, residents enjoy easy access to fine dining, boutique shopping, parks, cultural attractions, and the Metro-North train with direct service to Grand Central Terminal. Consistently recognized for its top-rated schools, picturesque New England character, and exceptional quality of life, New Canaan remains one of Connecticut's most sought-after residential destinations. Whether expanding an investment portfolio or seeking a multi-generational living opportunity with strong income potential, this turnkey property presents a rare chance to own a premier multi-family asset in an exceptional location. This is a rare opportunity for a savvy purchaser. Public Viewing Saturday June 6, 12-3pm Public Viewing Saturday June 13, 12-3pm
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Open House
6/6/2026 12:00 PM - 3:00 PM
19 Urban Street New Canaan, CT
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralZoning BRES
Neighborhood N/A
County Fairfield
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Active
Acres 0.21
Directions Brushy ridge to Urban St
High School New Canaan
City New Canaan
Elementary School East
Sq Ft Total 2534
DOM 1
Year Built 1941
Style Units are Side-by-Side
Year Built Source Public Records
Net Operating Income 85328
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InteriorCooling System Split System Window Unit
Total Number of Units 3
Total Rooms 12
Basement Description Full Garage Access Walk-out
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ExteriorWater Source Public Water Connected
Lot Description Level Lot
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* Excluded FeaturesList ByDenise GannaloListing Agent
William Raveis Real EstateBroker
denise.gannalo@raveis.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $12,006
- Monthly Property Taxes
- $1,017
- 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.
Learn more about how to save NearbyMulti-family listings in New Canaan, CT
Average List Price $1,381,000
Percent of Sale Price 29%
About New Canaan, CT 19,880 Population
3% Since 2002
$ 174,253 Median Income
45.76 Median Age
41% Households with Children
Trends Information provided by ATTOM Data Solutions.
4778078 Elementary School
3041765 Middle School
New Canaan High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/1/2026 | $1,950,000 | | Listed Price |