New Listing - 04/23/2025

$725,000 ($237.32 per sqft)

Est. Mortgage $3,714/mo *

Quick Pre-Approval

Open House Schedule

04/26/2025
11:00 AM to 1:00 PM
Google calendar
Other calendars

04/27/2025
11:00 AM to 1:00 PM
Google calendar
Other calendars


2 Olmstead Place, Norwalk, (East Norwalk), CT, 06855

2 Olmstead Place, Norwalk, (East Norwalk), CT, 06855

7 rooms

1 beds

2 Full / 1 Half baths

1947

Units on different Floors

3,055 sqft

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


Status:

Active

Town:

Norwalk

Type:

Multi-family

Laundry Remarks:

Hook-Up In Unit 1

Units:

4

Zoning:

B

Garage:

2-car Attached Garage

Heating:

Hot Water

Cooling:

None

Basement:

Partial, Unfinished

Acreage:

0.12

Est. Taxes:

$10,802

Assessment

$458,780

Lot Description:

Level Lot

Elementary School:

Marvin

Middle School:

Nathan Hale

High School:

Norwalk

Days on Market:

0

MLS #:

24088775


Community Info

School Info

Walk Score

Mass Transit

Yelp