2 Olmstead Place Coming Soon

Norwalk,CT 06855

$ 725000

1 Bed

3 Baths

3055 SqFt


Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,055 sqft

Price per Sqft $237

MLS Listing ID 24088775

Style Units on different Floors

Bedrooms 1

Full Baths 2

Half Baths 1

Year Built 1947

Annual Tax Amount $10,802

Lot Size 5,227 Sqft

Property Sub-Type 3 Family

Property Description

Sound Investment Opportunity in East Norwalk. This mixed-use property is located in a prime location in East Norwalk, just a short walk to the train station and conveniently close to highways, beaches, and shopping. The building consists of four well-maintained units: two residential apartments, one commercial garage space and one large storage space. All units are currently tenant-occupied, ensuring a seamless transition for the new owner. The first-floor, one-bedroom apartment features a newly remodeled interior with a spacious living room, hardwood floors, built-in bookshelves, and a wood-burning fireplace. The modern kitchen is equipped with stainless steel appliances and provides access to the yard. The fully tiled bathroom includes a large shower and stackable washer and dryer. The bedroom offers a generous walk-in closet and a window for natural light. On the second floor, a studio apartment offers a comfortable living space with hardwood floors, access to the yard, and a private balcony. The commercial space is a two-bay garage with high ceilings and ample storage, ideal for a variety of uses. Fourth unit is a partially finished space, which is currently deemed as storage use only. However, new owner could potentially convert into a fourth residential unit; this is subject to town approval. This is an outstanding opportunity for investors seeking a well-located property with stable rental income and future potential for growth. SOLD AS IS

Location

State CT

County Fairfield

Zoning B

Rooms

Basement Partial,Unfinished

Interior

Heating Hot Water

Cooling None

Fireplaces Number 1

Exterior

Exterior Feature Balcony,Gutters,Lighting

Parking Features Attached Garage

Garage Spaces 2.0

Waterfront Description Beach Rights

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Marvin

Middle Schools Nathan Hale

High Schools Norwalk

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