2 Olmstead
Norwalk, CT 06855
- 1 bed
- 3 baths
- 3,055 sqft
- 5,227 sqft lot
- $237 per sqft
- 1947 build
- – on site
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
Last checked:
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Last updated Apr 27, 2025
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MLS# 24088775 —
The Building
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Year Built:1947
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Year Built Source:Public Records
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New Construction Type:No/Resale
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Style:Units on different Floors
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Roof Information:Asphalt Shingle
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Attic:No
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Exterior Siding:Vinyl Siding
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Foundation Type:Concrete
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Basement Description:Partial, Unfinished
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Exterior Features:Balcony, Gutters, Lighting
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SqFt Total:3055
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SqFt Description:2505 includes the garage and 2 residential units
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SqFt Est Heated Above Grade:2505
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SqFt Est Heated Below Grade:550
Interior
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Fireplaces Total:1
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Laundry Room:Hook-Up In Unit 1
Room Dimensions
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Living Area SqFt Per Public Record:1385
Location
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Directions:East Avenue to Olmstead
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Neighborhood:East Norwalk
The Property
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Parcel Number:230788
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Property Type:Multi-Family For Sale
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Property Subtype:3 Family
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Zoning:B
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Acres:0.12
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Acres Source:Public Records
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Flood Zone:No
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Lot Description:Level Lot
Listing Agent
- Contact info:
- Agent phone:
- (203) 655-1423
Taxes
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Tax Year:July 2024-June 2025
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Property Taxes:10802
Beds
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Beds Total:1
Baths
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Total Baths:3
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Full Baths:2
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Half Baths:1
The Listing
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Virtual Showing:No
Heating & Cooling
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Heat Type:Hot Water
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Heat Fuel Type:Natural Gas
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Cooling System:None
Utilities
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Water Source:Public Water Connected
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Sewage System:Public Sewer Connected
Schools
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Elementary School:Marvin
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Middle Or Junior School:Nathan Hale
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High School:Norwalk
The Community
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Nearby Amenities:Commuter Bus, Library, Medical Facilities, Park, Public Rec Facilities, Public Transportation, Shopping/Mall
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Swimming Pool:No
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Direct Waterfront:No
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Waterfront Description:Beach Rights
Parking
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Garage & Parking:Attached Garage
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Garages Number:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/24/25
Apr 24, 2025
|
Listed / Active | SMART_MLS | $725,000 | |
|
4/23/25
Apr 23, 2025
|
Coming Soon | SMART_MLS | $725,000 |
