$1,250,000

118 East Ave New Canaan, CT 06840

Estimated payment $7,661/month

Total Views 362
3 Beds
2 Baths
3,118 Sq Ft
$401 Price per Sq Ft

Highlights

  • Hot Property
  • Attic
  • Covered Deck
  • East Elementary School Rated A+
  • Porch
  • Property is near shops

About This Home

Spacious, light filled and well maintained 2 family home in the heart of New Canaan. First time on the market for sale, this home has been in the same family for over 50 years. Steps from restaurants, shopping and library! Here is your opportunity to purchase an income producing 2 family home. First Floor unit has 2 bedrooms, large eat in kitchen and access to covered front porch, finished basement with laundry area and storage. Second Floor unit features, open deck, 1 bedroom plus a study/den (could be used as 2nd bedroom), tall ceilings, laundry room area and eat in kitchen and oozes charm. Rent both units out or live in one and rent out 2nd unit. Also possibility of converting back to Single family residence as the staircase is still intact. Property is being sold AS IS.

Listing Agent

Arlene Bubbico

Coldwell Banker Realty License #RES.0763486 Listed on: 08/13/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,205

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Concrete Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Unfinished Attic
  • Attic or Crawl Hatchway Insulated

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Covered Deck
  • Porch

Location

  • Property is near shops

Schools

  • East Elementary School
  • Saxe Middle School
  • New Canaan High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: window AC in upper level apartment
  • Assessor Parcel Number 186441

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,205

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2118
  • Sq Ft Est Heated Below Grade: 1000
  • Total Sq Ft: 3118
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Shopping/Mall
  • Property Sub Type: 2 Family
  • Exclusions: window AC in upper level apartment
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Main Street OR Rte 123 to East Avenue
  • Street Type: Avenue
  • Special Features: OpenHouse

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Unfinished, Storage Space, Access Via Hatch
  • Basement Description: Full, Heated, Fully Finished, Interior Access, Liveable Space, Concrete Floor, Full With Hatchway
  • Laundry Room Location: Basement and within 2nd floor unit.
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: Yes
  • Street Number Modifier: 118
  • Other SqFt Description: Gross 3488, Living Area 2,118, basement 1149

Exterior Features

  • Exterior Features: Porch, Covered Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Paved, Asphalt
  • Total Parking Spaces: 4
  • Garage And Parking: None, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Domestic, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: East
  • Middle School: Saxe Middle
  • High School: New Canaan

Lot Info

  • Acres: 0.17
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: B2
  • Parcel #: 186441

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 10205
  • Total Assessed Value: 611450
  • Mil Rate Total: 16.69

MLS Schools

  • Elementary School: East
  • Middle Jr High School: Saxe Middle
  • High School: New Canaan

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,205 $611,450 $427,630 $183,820
2024 $9,869 $611,450 $427,630 $183,820
2023 $8,183 $432,040 $383,390 $48,650
2022 $7,937 $432,040 $383,390 $48,650
2021 $7,846 $432,040 $383,390 $48,650
2020 $7,846 $432,040 $383,390 $48,650
2019 $7,880 $432,040 $383,390 $48,650
2018 $8,548 $485,450 $347,270 $138,180
2017 $8,393 $485,450 $347,270 $138,180
2016 $8,202 $485,450 $347,270 $138,180
2015 $8,040 $485,450 $347,270 $138,180
2014 $7,816 $485,450 $347,270 $138,180
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Sale $1,250,000 0.0% $401 / Sq Ft
03/01/2019 03/01/19 Rented $2,250 0.0% --
07/10/2018 07/10/18 Under Contract -- -- --
05/31/2018 05/31/18 Price Changed $2,250 -5.3% $2 / Sq Ft
04/18/2018 04/18/18 For Rent $2,375 +10.5% --
06/01/2017 06/01/17 Rented $2,150 0.0% --
05/02/2017 05/02/17 Under Contract -- -- --
04/22/2017 04/22/17 For Rent $2,150 +7.5% --
03/21/2016 03/21/16 Rented $2,000 -12.1% --
02/20/2016 02/20/16 Under Contract -- -- --
09/22/2015 09/22/15 For Rent $2,275 -- --
Source: SmartMLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $228,000 No Value Available
Closed $67,476 No Value Available
Source: Public Records

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Source: SmartMLS

MLS Number: 24116873

SmartMLS

APN: NCAN-000000-T000075-000633