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Listed price in listed location currency (USD).
$739,000

533

MLS® 24179186

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 1976 sqft
Garage 
Taxes $8,616
Days Active 50
Lot Size 0.14 Acres
Approx. Age 1916
Avg. Price Per Sqft $373
MLS® Number 24179186

Property Address: 18 Lawrence St, Norwalk, CT, 06854-4545

Average square foot calculated using Size range provided by listing agent.

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, **BUYERS COULDN'T PERFORM** Property appraised OVER list price **Rear Stairs Pressure Treated Wood Sump Pump (Never used since owner bought 2021) Batt Backed 8 Smoke Det/Co2 Furnaces annually serviced 1st Fl Hot water heater 2025 RING System
MLS® Number24179186
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1916
BasementFull, Storage, Hatchway Access, Interior Access, Concrete Floor, Full With Walk-Out
DrivewayOn Street Parking, Off Street Parking, Unpaved
Garage Spaces
HeatNatural Gas, Gas on Gas, Hot Water
A/CWindow Unit

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $739,000 and $3,308,000.
Similar properties in this area sold on average for: $2,451,666
Expect to pay over asking. 67% of similar properties sold for more than the asking price.
Expected to sell very soon! Similar properties sold in 14 days. This home has been on Zoocasa for 50 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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