5 Cove Avenue, Norwalk, (East Norwalk), CT, 06855
12 rooms
4 beds
3 Full 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:
58
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