5 Cove Avenue
Norwalk, CT 06855
$1,300,000
Beds: 4
Baths: 3 | 1
Number of Units: 3
Type: Multi-Unit Residential
Listing #24030368
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.
Property Features
County: Fairfield
Neighborhood: East Norwalk
Directions: First Street to Cove Ave.
Full Baths: 3
1/2 Baths: 1
Nearby Amenities: Park, Public Rec Facilities
Number of Fireplaces: 0
Heating: Hot Air
Heating Fuel: Natural Gas
Cooling: Central Air
Water Heater: 40 Gallon Tank
Basement Description: Full, Unfinished, Storage
Has Basement: Yes
Total Number of Units: 3
Style: Units on different Floors
Exterior: Deck
Roof: Asphalt Shingle
Water Source: Public Water Connected
Septic or Sewer: Public Sewer Connected
Has Garage: Yes
Garage Spaces: 2
Driveway: Asphalt
Parking Spaces: 0
Has a Pool: No
Lot Size in Acres: 0.17
Waterfront Description: Walk to Water, Water Community
Elementary School: Marvin
Middle School: Nathan Hale
High School: Norwalk
Property Type: RI
Property SubType: 3 Family
Year Built: 1930
Status: Active
$ per month
Year Fixed. % Interest Rate.
Principal + Interest: | $ |
Monthly Tax: | $ |
Monthly Insurance: | $ |
Seller's Representative: William Raveis Real Estate - Nancy Manby
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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc.
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc.
SmartMLS (CTMLS-GFC) data last updated at December 10, 2024 9:11 PM ET
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