$700,000
$725,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
2 Olmstead Place Norwalk, CT 06855
1 Bed
3 Baths
3,055 SqFt
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,055 sqft
Price per Sqft $229
MLS Listing ID 24088775
Sold Date 10/06/25
Style Units on different Floors
Bedrooms 1
Full Baths 2
Half Baths 1
Year Built 1947
Annual Tax Amount $10,965
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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Bought with Dean Papadopoulos • Realty ONE Group Connect
