JUST REDUCED-AMAZING PRICE. 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 $9000+ 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 incls 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 garden setting, creating an appealing environment for residents. 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
For sale
Price cut: $155K (6/19)
$1,795,000
19 Urban Street, New Canaan, CT 06840
5beds
2,534sqft
Multi Family
Built in 1941
-- sqft lot
$-- Zestimate®
$708/sqft
$-- HOA
What's special
Functional layoutsDelightful garden settingCharming groundsIn-unit laundry
- 93 days
- 464
- 14
Zillow last checked:
Listing updated:
Listed by:
Denise Gannalo (203)981-7927,
William Raveis Real Estate 203-966-3555
Source: Smart MLS,MLS#: 24179698
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water, Oil, Propane
Cooling
- Ductless, Window Unit(s)
Appliances
- Included: Water Heater
- Laundry: In Unit
Features
- Basement: Full,Garage Access,Walk-Out Access
- Attic: None
- Number of fireplaces: 1
Interior area
- Total structure area: 2,534
- Total interior livable area: 2,534 sqft
- Finished area above ground: 2,534
Property
Parking
- Total spaces: 6
- Parking features: Attached, Detached
- Attached garage spaces: 6
Features
- Exterior features: Balcony, Garden
Lot
- Size: 9,147 Square Feet
- Features: Level
Details
- Parcel number: 187251
- Zoning: BRES
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units are Side-by-Side
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Library, Paddle Tennis, Park, Playground, Pool, Tennis Court(s)
HOA
- Has HOA: No
Location
- Region: New Canaan
Financial & listing details
- Price per square foot: $708/sqft
- Tax assessed value: $731,430
- Annual tax amount: $12,410
- Date on market: 6/1/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Listed for rent | $3,500$1/sqft |
Source: Zillow Rentals #24196874 Report a problem | ||
| 6/19/2026 | Price change | $1,795,000-7.9%$708/sqft |
Source: | ||
| 6/1/2026 | Listed for sale | $1,950,000+52.3%$770/sqft |
Source: | ||
| 10/14/2025 | Sold | $1,280,000+11.3%$505/sqft |
Source: | ||
| 10/3/2025 | Pending sale | $1,150,000$454/sqft |
Source: | ||
| 9/18/2025 | Listed for sale | $1,150,000+155.6%$454/sqft |
Source: | ||
| 4/26/2011 | Sold | $450,000$178/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 06840
Nearby schools
Schools provided by the listing agent
- Elementary: East
- Middle: Saxe Middle
- High: New Canaan
Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








