5 Cove Avenue Active

Norwalk,CT 06855

$ 1300000

4 Beds

4 Baths

3600 SqFt


Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $361

MLS Listing ID 24030368

Style Units on different Floors

Bedrooms 4

Full Baths 3

Half Baths 1

Year Built 1930

Annual Tax Amount $13,005

Lot Size 7,405 Sqft

Property Description

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.

Location

State CT

County Fairfield

Zoning NB

Rooms

Basement Full,Unfinished,Storage

Interior

Heating Hot Air

Cooling Central Air

Exterior

Exterior Feature Deck

Parking Features Detached Garage,Paved,Off Street Parking,Driveway

Garage Spaces 2.0

Waterfront Description Walk to Water,Water Community

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Marvin

Middle Schools Nathan Hale

High Schools Norwalk

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