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About This Home
This 5-bedroom, 3-bathroom residential multi family at 18 Lawrence Street in Norwalk, CT is listed for $689,000 ($349 per sqft). Built in 1916, the home offers 1,976 sqft of living space on a 0.14 acres lot.
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
Key Features
- Built in 1916
- 0.14 acre lot
- 3 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$3,685/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
18 Lawrence Street
Norwalk, CT 06854
Features & Amenities
Exterior Features
Property Details
Pool Features
Heating
Cooling
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 18 Lawrence Street is listed at $689,000 ($349/sqft). The estimated monthly payment is $2,986 based on 20% down at 6.5% interest.
Key features include: Built in 1916, 0.14 acre lot, 3 parking spaces. Exterior Features: Balcony,Awnings,Gutters,Garden Area,Lighting,Patio.
This property is listed by Dean Papadopoulos and can be reached at 2039802509 or kpapa002@gmail.com.
