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Marc Nieto

marcnieto@epique.me +1(914) 409-5555

$ 689,000

Est. payment -/mo

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Coming Soon

18 Lawrence Street Norwalk, CT 06854

5 Beds

3 Baths

1,976 SqFt

Open House

Sat Jun 06, 1:00pm - 3:00pm

Sun Jun 07, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,976 sqft

Price per Sqft $348

MLS Listing ID 24179186

Style Units on different Floors

Bedrooms 5

Full Baths 3

Year Built 1916

Annual Tax Amount $8,616

Lot Size 6,098 Sqft

Property Sub-Type 2 Family

Property Description

Legal 2-Family Property in the heart of SONO. Great for owner occupied OR strictly investment. ALL utilities separate. Natural Gas heat/hot water + SNEW electric/water keep utilities LOW. City water/City sewer. Conveniently located just minutes from Washington Street shops/restaurants, SONO Collection Mall, Veterans Park (Oyster Festival), Maritime Aquarium & MORE! Commuter friendly! South & East Norwalk Train Stations + I95/Rt 7 nearby. Unit 1 recently updated & includes 1 spacious bedroom, 1 full bathroom with stand up shower, living room, dining area & EIK ($1,900/month). Very light & bright and faces the front of Lawrence St + front patio. Unit 1 washer/dryer + storage in basement. Laundry belongs to owner. Basement clean and dry. All mechanicals newer & annually serviced since owner purchased 2021. 1st FL Hot water heater 2025. Unit 2 has 2- level living. Second FL has 2 bedrooms, 1 full bathroom, living room, dining area kitchen +rear balcony. Upper level has 2 additional bedrooms & full bathroom + balcony to enter exit from rear. Unit 2 also uses basement for storage & takes care of landscaping. Interior/Exterior access to basement. *Unit 1 rent $1,900/month market value* *Unit 2 rent $3,100/month is currently BELOW market value. Based on rents in the area a 4 bed 2 bath should be rented between $3,800-$4,000. *Exenses - Taxes/Sewer $8,616 - Insurance/Flood $5,260 - Water - $800-1,000/year *Can likely find cheaper insurance* Based on potential rents - 8.1% CAP

Location

State CT

County Fairfield

Zoning C

Rooms

Basement Full, Storage, Hatchway Access, Interior Access, Concrete Floor, Full With Walk-Out

Interior

Heating Gas on Gas, Hot Water

Cooling Window Unit

Exterior

Exterior Feature Balcony, Awnings, Gutters, Garden Area, Lighting, Patio

Parking Features On Street Parking, Off Street Parking, Unpaved

Waterfront Description Beach Rights

Roof Type Asphalt Shingle

Building

Lot Description City Views, Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Listed by Dean Papadopoulos • Realty ONE Group Connect