12 Fort Point St, Norwalk, CT 06855

$995,000
3
BA
3,169
SqFt

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List Price
$995,000
Status
ACTIVE
MLS#
24205138
Year Built
1925
Bathrooms
3
Acres
0.13
Living Area
3,169
Neighborhood
East Norwalk

Property Description

Also listed as Multi-Family, MLS# 24205081. Perfect for investors, 1031 buyers, or an owner-occupant with a business: two apartments plus a street-level salon in East Norwalk, a five-minute walk to the East Norwalk train station, Veterans Park and the harbor. Owner collects $90,000 a year: $75,600 from the two apartments and the salon plus $14,400 from the finished attic level, and every tenant pays their own heat and electric (4 electric meters, 3 gas). First floor: a true 3-bedroom, 1-bath at $2,200, month-to-month; comparable 3-bedroom units nearby have leased at $2,800-$3,200, so the new owner sets the rent. Second floor: 3-bedroom, 1-bath at $2,550, month-to-month. Finished walk-up attic level above it, occupied month-to-month at $1,200; a new owner could re-lease the second floor and attic together as one two-story apartment at about $3,750. Street level: established salon, approximately 813 square feet, on a lease at $1,550. Owner expenses of $26,033 (taxes, insurance, water, trash, maintenance). Roof approximately four years old, 11 hardwired smoke/CO detectors, full basement with laundry hookups, two off-street parking spaces at the front plus on-street parking. Priced at $314 per square foot against this year's closed Norwalk multifamily sales. Sold as-is. Operating statement, rent roll and floor plans on request. Showings by appointment; tenant-occupied.

Additional Information

Taxes
$13,884
Lot Size
5,662
Heating
Hot Water, Radiator(s)
Cooling System Type
Window/Wall
Water Source
Public
Exterior Features
Sidewalk, Awnings
Parking Spaces
2

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Listing courtesy of Emilio Montero from William Raveis Real Estate. (475) 977-1707 (203) 869-9263

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