BEDS5
BATHS3 full
SQUARE FEET1,976
MLS#24179186
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Storage, Hatchway Access, Interior Access, Concrete Floor, Full With Walk-Out
Cooling: Window Unit
Fuel Type: Natural Gas
Heating: Gas on Gas, Hot Water
Home Style: Units on different Floors
Lot Size: 0.14 Acres
Roof Type: Asphalt Shingle
Taxes: $8,616
Year Built: 1916
Feature Descriptions
Days on Site: 8
Energy Saving Features: Thermopane Windows
Exterior: Balcony, Awnings, Gutters, Garden Area, Lighting, Patio
Exterior: Asbestos
Lot: City Views, Level Lot
Parking Spaces: 3
Sewer: Public Sewer Connected
Units: 3
Water: Public Water Connected
Waterfront: Beach Rights
Local Schools
High School: Per Board of Ed
Elementary School: Per Board of Ed
Listed By / Shown By
Listing By
Agency Name: Realty ONE Group Connect
Agent Name: Dean Papadopoulos
Agency Phone: (203) 5901111
Shown By
Agent Name: Sarah Agent
Agent Phone:
Agency Title: Coldwell Banker Choice Properties
Estimate Your Payment
Estimated Payment
$ 2,452.37 per month $1,533.42 Principal & Interest $718.00 Property Tax $200.96 Homeowner's InsuranceChange Payment Information
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18 Lawrence | MLS# 24179186
This multi-family property located at 18 Lawrence, Norwalk, CT 06854 is currently listed for sale with an asking price of $689,000. Search Norwalk real estate on sarah-agentcbcp.coldwellbankerchoice.com today.