18 Lawrence St, Norwalk, CT 06854
- $729,000
- 5
- BD
- 3
- BA
- 1,976
- SqFt
- List Price
- $729,000
- Status
- ACTIVE
- MLS#
- 24179186
- Price Change
- ▼ $10,000 1784662851
- Year Built
- 1916
- Bedrooms
- 5
- Bathrooms
- 3
- Acres
- 0.14
- Living Area
- 1,976
- Neighborhood
- SONO
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
Additional Information
- Taxes
- $8,616
- Lot Size
- 6,098
- Heating
- Natural Gas, Hot Water
- Cooling System Type
- Window/Wall
- Water Source
- Public
- Basement
- Full, Storage Space, Interior Entry, Concrete, Full
- Exterior Features
- Balcony, Awnings, Garden, Lighting, Patio
- Parking Spaces
- 3
- Elementary School
- Per Board of Ed
- High School
- Per Board of Ed
Mortgage Calculator
Listing courtesy of Dean Papadopoulos from Realty ONE Group Connect. (203) 980-2509 (203) 590-1111
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