$1,300,000 ($361.11 per sqft)

Est. Mortgage $6,574/mo *

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5 Cove Avenue, Norwalk, (East Norwalk), CT, 06855

5 Cove Avenue, Norwalk, (East Norwalk), CT, 06855

12 rooms

4 beds

3 Full / 1 Half baths

1930

Units on different Floors

3,600 sqft

Mint condition commercial use/multi family home in the heart of the East Norwalk harbor community. Completely rebuilt in 1999 with many brand new systems between 2020-2022. Easy stroll to everything: water/harbor/boat docks, restaurants, shops, parks and more. Total East Norwalk lifestyle! The main house features two huge 2 bedroom apartments. Both on separate utilities including central air. First floor apartment also offers an additional room--ideal for home office. An expanded detached garage features a business set-up with heated and A/C workshop, two upper level office spaces with powder room and 2-bay garage. This set up is ideal for just about any business that needs both work and office space. The commercial space may possibly be modified for 3rd residential rental--Buyer and buyer agent due diligence for that possibility. So many special features in this unique investment opportunity. It also has an EV electric charging hook-up. Note: Current rents are significantly under value. Currently NOT in a flood zone. There is a prospective tenant for commercial space willing to have a conversation with a potential buyer who may be interested in negotiating a fair price for the garage prior to buying the property.


Status:

Active

Town:

Norwalk

Type:

Multi-family

Units:

3

Zoning:

NB

Garage:

2-car Detached Garage, Paved, Off Street Parking, Driveway

Heating:

Hot Air

Cooling:

Central Air

Basement:

Full, Unfinished, Storage

Parking:

6-car

Acreage:

0.17

Est. Taxes:

$13,005

Assessment

$576,540

Lot Description:

Level Lot

Elementary School:

Marvin

Middle School:

Nathan Hale

High School:

Norwalk

Days on Market:

163

MLS #:

24030368

Buyer Broker Compensation:

2.0%

Buyer Broker Compensation is for display purposes only and must be confirmed in writing directly from Listing Broker


Community Info

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