$719,000

House for sale Norwalk
Property photo number 1 of 16 Photos for Property. File  105496694_29_b479badfe72463997142f0af776baaac.jpeg

Overview

SUMMARY: Discover an opportunity with this Norwalk house for sale and available for $719,000. This could be your next ideal home or a smart investment. More details await.
Legal 2-Family Property in the heart of SONO. Great for owner occupied OR strictly investment. ALL utilities separate. Natural Gas heat/hot water + SNEW electric/water keep utilities LOW. City water/City sewer. Conveniently located just minutes from Washington Street shops/restaurants,
SONO Collection Mall, Veterans Park (Oyster Festival), Maritime Aquarium and MORE! Commuter friendly! South and East Norwalk Train Stations + I95/Rt 7 nearby. Unit 1 recently updated and includes 1 spacious bedroom, 1 full bathroom with stand up shower, living room, dining area and EIK ($1,900/month). Very light and bright and faces the front of Lawrence St + front patio. Unit 1 washer/dryer + storage in basement. Laundry belongs to owner. Basement clean and dry. All mechanicals newer and annually serviced since owner purchased 2021. 1st FL Hot water heater 2025. Unit 2 has 2- level living. Second FL has 2 bedrooms, 1 full bathroom, living room, dining area kitchen +rear balcony. Third level has 2 additional bedrooms and full bathroom + balcony to enter exit from rear. Unit 2 also uses basement for storage and takes care of landscaping. Interior/Exterior access to basement. *Unit 1 rent $1,900/month market value* *Unit 2 rent $3,100/month is currently BELOW market value. Based on rents in the area a 4 bed 2 bath should be rented between $3,800-$4,000. *Exenses - Taxes/Sewer $8,616 - Insurance/Flood $5,260 - Water - $800-1,000/year *Can likely find cheaper insurance* Based on potential rents - 8.1% CAP Unit 1 and 3rd floor now EMPTY opening opportunities for owner occupied buyers** PREVIOUS BUYERS COULDN'T PERFORM** Property appraised OVER 740k **Rear Stairs Pressure Treated Wood Sump Pump (Never used since owner bought 2021) Batt Backed 8 Smoke Det/Co2 Furnaces annually serviced 1st Fl Hot water heater 2025 RING System
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Details

  • Beds: 5
  • Baths: 3
  • Price: $719,000
  • Reference No.: 95878052
  • Area: 1,976 sqft

Location

Marketed by:

  • Dean Papadopoulos
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