Under contract

Under Contract - Conti...

5 Cove Avenue

Norwalk CT, 06855

$1,300,000


$361.11 per sqft

Under contract

Under Contract - Conti...

4 Beds

4 Baths

3,600 sqft

Multi-family

Built in 1930

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.

24030368

MLS ID

July 5, 2024

Listed

October 8, 2024

Updated

Map

5 Cove Avenue
Norwalk CT, 06855

Interior Features

Bedrooms

4


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Natural Gas, Forced Air

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

Level


Architectual Style

Units on different Floors


Roof

Asphalt


Sewer

Public Sewer

School Information

High School

Norwalk


Elementary School

Marvin

Other Property Details

Area Name

East Norwalk


Taxes

$13,005


Tax Frequency

Annually


Days on Market

89


Garage

Yes


Garage Spaces

2


Parking

Asphalt, Off Street, Driveway


Parking Total

6


View

No


County

Fairfield


Water Source

Public


Pool

No


Zoning

NB

Listing History

Date

Event

Price

10/7/2024

Under contract

7/10/2024

Active

Listed by Nancy Manby with William Raveis Real Estate

Listing Contact: 2038567069 

The IDX display contains information sourced from the  Smart MLS, Inc as of 10/8/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/8/2024 at 9:28 AM UTC

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