116 South Avenue

New Canaan, CT 06840

$2,399,000
Price
—
Beds
4,379 Sq. Ft.
$548 / Sq. Ft.
4,379
Sq. Ft.
$548
per Sq. Ft.

Description

Welcome to a rare investment opportunity that epitomizes the essence of prime real estate. Nestled in the heart of New Canaan, this property presents a unique blend of residential and commercial spaces, making it a truly exceptional find. Comprising three residential apartments and a generously proportioned medical office, this property offers a versatile layout that caters to both personal and professional needs. Each apartment in (building one) offers one bedroom, while the standalone (building...Welcome to a rare investment opportunity that epitomizes the essence of prime real estate. Nestled in the heart of New Canaan, this property presents a unique blend of residential and commercial spaces, making it a truly exceptional find. Comprising three residential apartments and a generously proportioned medical office, this property offers a versatile layout that caters to both personal and professional needs. Each apartment in (building one) offers one bedroom, while the standalone (building 2) features two bedrooms and a two-car garage, along with more than ample parking. Positioned in a coveted location, convenience is at your doorstep. Immerse yourself in the vibrant culture of New Canaan, where the acclaimed new world-class Library, renowned restaurants, and eclectic
  1. Listed by Laura MacMaster Danforth • William Raveis Real Estate

Property Details for 116 South Avenue

Exterior
Aluminum, Vinyl
School
South
Swimming Pool
None

Location

Listing Courtesy of William Raveis Real Estate, Laura MacMaster Danforth
Add your commute
LISTING UPDATED: 04/24/2024 11:12 AM

Property Details for 116 South Avenue

StatusAo
MLS #147208
Days on Market5
Taxes$13,442 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1930
Lot Size0.57 AC / 24,829 SF
CountyFairfield County

Location

Listing Courtesy of William Raveis Real Estate, Laura MacMaster Danforth
Add your commute

Building Information for 116 South Avenue

Stories-Residences4Year Built1930Building Size-Lot Size0.57 AC / 24,829 SF

Payment Calculator

$14,212 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,092

Property Taxes

$1,120

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 116 South Avenue

Summary
Location and General Information
  • Absolute Longitude: 73
  • Directions: GPS Friendly
  • Equipment Included: Dryer, Washer, Standard Oven, Refrigerator
  • Miles To Station: 1.00
  • Negotiate: LB
  • Station: NC
Parking
  • Garage: Under
  • Garage: Garage Stalls: 2
Taxes and HOA Information
  • Hoa: Homeowner Assoc: No
  • Tax Year: 2023
Property
Lot Information
  • Parcel Id: NCAN-000000-N000064-000912
  • Zoning: APT
Property and Assessments
  • Assessment: $709,730
  • Lvl/Source: Field Card
  • Property Group Id: 19990816212116581394000000
  • Restrictions: 1 - Commercial & 3 - Residential
  • Water: Town/City
  • Property Type: D
  • Real Estate Owned: No
Utilities
  • Fuel: Oil
  • Oil Tank: Basement
  • Sewer: Town
  • Water Heater: Sep/Oil
Interior and Exterior Features
Exterior Features
  • Porch: None
  • Roof: Asphalt
Interior Features
  • Air Conditioning: Central, Window Units
  • Attic: Walkup
  • Basement: Full
  • Floors #: 3
  • Heat Zone: 4
  • Heating: BBHW
  • Walls: Dry Wall, Plaster
Multi Family
Multi-Family Information
  • Total Units: 4
Unit 1
  • Unit 1: Baths: 2
  • Unit 1: Level: 1
  • Unit 1: Rent: $5,150
  • Unit 1: Rooms: 7
Unit 2
  • Unit 2: Kitchen, Living
  • Unit 2: Baths: 1
  • Unit 2: Bedrooms: 1
  • Unit 2: Level: 2
  • Unit 2: Occupied: Yes
  • Unit 2: Rent: $1,500
  • Unit 2: Rooms: 3
Unit 3
  • Unit 3: Attic, Kitchen, Living
  • Unit 3: Baths: 1
  • Unit 3: Bedrooms: 1
  • Unit 3: Level: 2
  • Unit 3: Occupied: Yes
  • Unit 3: Rent: $800
  • Unit 3: Rooms: 3
Unit 4
  • Unit 4: Garage, Living, Laundry, Kitchen
  • Unit 4: Baths: 1
  • Unit 4: Bedrooms: 2
  • Unit 4: Level: 2
  • Unit 4: Occupied: Yes
  • Unit 4: Rent: $2,300
  • Unit 4: Rooms: 4
Agent
Agent Information
  • Agent Interest: No
  • Commission Terms: X-8
  • Commission Terms BAC: 2.50
  • List Agent Board Code: NCBOR
  • List Agent Board Id: 20210812141035994760000000
  • Listing Member Fax: (203) 653-6612
  • Listing Member Short Id: 100631
  • Listing Member Url: www.raveis.com/lauradanforth
  • Listing Office Address: 4 Elm Street, New Canaan, CT 06840
  • Listing Office Email: gillian.depalo@raveis.com
  • Listing Office Fax: (203) 966-0339
  • Listing Office Phone: (203) 966-3555
  • Listing Office Short Id: 19
  • ListingMemberName: Laura MacMaster Danforth
  • ListingMemberPhone: (203) 801-8001

Property History for 116 South Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 116 South Avenue

Taxable ValueLand$485,940Additions$223,790Total$709,730
Tax Record2023$13,442 ($1,120 / month)
Home Facts
Lot Size24,829 SqFtStyleMulti-Family Res (5+ Units)ZoningAPTCountyFAIRFIELDAPNNCAN M:000N B:064 L:00912

Schools near 116 South Avenue

This home is within New Canaan School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Private - K to 8
Rating
School
Distance
South School
PublicK to 4

Saxe Middle School
Public5 to 8

New Canaan High School
Public9 to 12

St Aloysius School
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of William Raveis Real Estate, Laura MacMaster Danforth

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.