About This Home

This 5-bedroom, 3-bathroom residential multi family at 18 Lawrence Street in Norwalk, CT is listed for $719,000 ($364 per sqft). Built in 1916, the home offers 1,976 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1916
  • 0.14 acre lot
  • 3 parking spaces

Property Details

3 full
3 spaces
1916

Amenities

A/C
Listing 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.

Third 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 Unit 1 & 3rd floor now EMPTY opening opportunities for owner occupied buyers** PREVIOUS BUYERS COULDN'T PERFORM** P

roperty appraised OVER 740k **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

Monthly Cost Estimate

$3,845/mo

20% down · 6.5% · 30 years

Principal$520
Interest$3,116
Insurance$210

Estimates only. Actual payments may vary.

Location

18 Lawrence Street

Norwalk, CT 06854

Features & Amenities

Exterior Features

Balcony,Awnings,Gutters,Garden Area,Lighting,Patio

Property Details

Outdoor Features

Patio

Heating

Hot Water(Heating)Natural Gas

Cooling

Window Unit(s)

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 18 Lawrence Street is listed at $719,000 ($364/sqft). The estimated monthly payment is $3,846 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

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.

DP

Dean Papadopoulos

Agent at Realty ONE Group Connect

Listed by Realty ONE Group Connect · Broker phone: (203) 590-1111 · View on Broker Site · Broker website

MLS# 24179186· Source: SmartMLS, Inc.· 157 days on PropertySimple

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

18 Lawrence Street, Norwalk, CT 06854

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