Smart MLS #24088775

2 Olmstead Pl,
Norwalk, CT 06855
2 Olmstead Pl, Norwalk, CT 06855 United States
Deposit / Show
$725,000
Multi-Family Home
4 Units · 2505 Sqft
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

Map


Listing

Market Stats
  • List $725,000
  • 4 Days on Market

Real Estate Agent


Details

Building
  • Built 1947
  • 4 Units
  • 1 Beds
  • 3.00 Baths
  • 1 Fireplaces

Sqft
  • 2505 Total Sqft

Lot / Land
  • 0.12 Acres
  • 355 Neighborhood
  • Beach Rights
  • Level Lot

Other
  • 2 Garages

Utilities
  • Hot Water
  • Natural Gas
  • Public Water
  • Natural Gas Hot Water, Domestic Hot Water
  • Public Sewers

Financials
  • $77,400 Gross Income
  • $62,400 Net Income
  • $15,000 Expenses

Taxes
  • Assessment $458,780
  • Mill Rate 23.55
  • Taxes $10,802
  • Parcel Num 230788

Schools

Elementary
  • Marvin

Middle
  • Nathan Hale

High
  • Norwalk

Mortgage Calculator
  • 30yr Fixed-Rate Loan
  • 6.76% Interest
  • Purchase Price $725,000
  • Down Payment $145,000 (20.00%)

Estimated Payment with
30yr Fixed Rate Mortgage

Monthly
$4,666


Monthly Est. $4,666
Yearly Est. $55,991
30yr Est. $1,679,721
Go to the Mortgage Calculator
Share this Listing ..

Share on FaceBook   Share on LinkedIn   Share on Pinterest   Share on X
This real estate listing for sale at 2 Olmstead Pl has 1 bedrooms, 3.00 bathrooms, and was built in 1947. It is located in the Norwalk, Connecticut area with the 06855 zip code. For more info about the property at 2 Olmstead Pl, Norwalk, CT 06855 United States or if you would like to schedule a showing, please contact the listing agent above.

Disclaimer: This data was sourced from Smart MLS and was last updated 2025-04-23 15:00:33. 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 2021 SmartMLS, Inc.