40 1ST Street, East NorwalkNorwalk, CT 06855MLS Number 24155945

  • Price: $875,000
  • Est. Mortgage of $/month
  • 17 Days on Market
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Federal 30-year interest rate: 6.11% last updated on Mar 12, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • 5Bedrooms
  • 0.17Acreage
  • 4Bathrooms
  • 1880Year Built

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Welcome to 40 1st Street in the highly sought-after East Norwalk section of Norwalk. This beautifully maintained two-family home presents an exceptional opportunity for investors or owner-occupants seeking strong rental potential and a prime coastal location. The property features one 2-bedroom, 1.5-bath unit and one 3-bedroom, 1.5-bath unit, both offering central air conditioning and in-unit laundry for modern comfort and convenience. Each unit also enjoys its own separate basement, providing ample storage space and added functionality. A detached three-car garage offers rare and valuable off-street parking, additional storage, or potential workspace. Ideally situated within walking distance to local restaurants, shops, and the waterfront, this home combines neighborhood charm with coastal living. Whether you're looking to occupy one unit and rent the other or expand your investment portfolio, this is a fantastic opportunity in one of Norwalk's most desirable neighborhoods.
Listed by Robbie Salvatore of Coldwell Banker Realty ((203) 223-4264)

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Basic Information

  • StatusACT
  • List Price$875,000
  • Square Feet1,988
  • Units2
  • Property subtype2 Family
  • Property TypeMulti-Family For Sale
  • Acreage0.17
  • MLS Number24155945

Property

  • Lot DescriptionLevel Lot
  • Parking Spaces

Exterior

  • Exterior sidingVinyl Siding

Water Body

  • Waterfront DescriptionNot Applicable

Other

  • Remarks addendumOne Garage bay rented out for $250 a month.
  • Date Listed02/26/2026

Tax Information

  • Milrate total24
  • Tax YearJuly 2025-June 2026
  • Assessed value$599,020
  • Taxes$14,317

Building

  • Bedrooms5
  • Bathroom4
  • Year Built1880
  • Garage Spaces3
  • Property StyleUnits are Side-by-Side
  • FoundationConcrete
  • Garage Parking InfoDetached Garage
  • New construction typeNo/Resale
  • AtticYes
  • Attic descriptionPull-Down Stairs
  • BasementFull
  • Full Bath2
  • Half Baths2

School Information

  • Elementary SchoolPer Board of Ed
  • High SchoolPer Board of Ed

Location

  • StateCT
  • Zip06855
  • CountyFairfield
  • NeighborhoodEast Norwalk
  • Building Number40

Interior

  • Rooms total multifamily11
  • RoofAsphalt Shingle
  • Rooms11

Utilities

  • Water sourcePublic Water Connected
  • Cooling SystemCentral Air
  • Hot water descriptionNatural Gas, Domestic
  • Heating FuelNatural Gas
  • Heat SystemHot Air
  • Sewage systemPublic Sewer Connected
Sotheby's International Realty | William Pitt
Sotheby's International Realty | William Pitt
Office: 203-796-7700
112 Federal Road
Danbury, CT 06811

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