5 Cove Avenue

Norwalk, CT 06855

$1,300,000
Price
4
Beds
3
Baths
1
1/2 Bath
3,600 Sq. Ft.
$361 / Sq. Ft.
3,600
Sq. Ft.
$361
per Sq. Ft.

Description

Mint condition commercial use/multi family home in the heart of the East Norwalk harbor community. Completely rebuilt in 1999 with many brand new systems between 2020-2022. Easy stroll to everything: water/harbor/boat docks, restaurants, shops, parks and more. Total East Norwalk lifestyle! The main house features two huge 2 bedroom apartments. Both on separate utilities including central air. First floor apartment also offers an additional room--ideal for home office. An expanded detached garage...Mint condition commercial use/multi family home in the heart of the East Norwalk harbor community. Completely rebuilt in 1999 with many brand new systems between 2020-2022. Easy stroll to everything: water/harbor/boat docks, restaurants, shops, parks and more. Total East Norwalk lifestyle! The main house features two huge 2 bedroom apartments. Both on separate utilities including central air. First floor apartment also offers an additional room--ideal for home office. An expanded detached garage features a business set-up with heated and A/C workshop, two upper level office spaces with powder room and 2-bay garage. This set up is ideal for just about any business that needs both work and office space. The commercial space may possibly be modified for 3rd residential rental--Buyer and buyer agent due diligence for that possibility. So many special features in this unique investment opportunity. It also has an EV electric charging hook-up. Note: Current rents are significantly under value. Currently NOT in a flood zone. There is a prospective tenant for commercial space willing to have a conversation with a potential buyer who may be interested in negotiating a fair price for the garage prior to buying the property.
  1. Listed by Nancy Manby • William Raveis Real Estate
    P: (203)-856-7069 C: (203)-856-7069 nancy.manby@raveis.com

Property Details for 5 Cove Avenue

Basement Description
Full, Unfinished, Storage
Direct Waterfront
No
Expected Active Date
07-10-2024
Garages Number
2
Neighborhood
East Norwalk
Style
Units on different Floors
Garage Parking Info
Detached Garage, Paved, Off Street Parking, Driveway
Swimming Pool
No
LISTING UPDATED: 10/28/2024 02:47 PM

Property Details for 5 Cove Avenue

StatusActive
MLS #24030368
Days on Market146
Taxes$13,005 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1930
Lot Size0.17 AC / 7,405 SF
CountyFairfield County

Virtual Tour

Building Information for 5 Cove Avenue

Stories-Residences3Year Built1930Building Size-Lot Size0.17 AC / 7,405 SF

Property Information for 5 Cove Avenue

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: First Street to Cove Ave.
  • Elementary School: Marvin
  • Flood Zone: No
  • High School: Norwalk
  • Latitude: 41.097841
  • Longitude: -73.403719
  • Middle Jr High School: Nathan Hale
  • Neighborhood Amenities: Park, Public Rec Facilities
  • State: Connecticut
Parking
  • Parking Total Spaces: 6
HOA and Fees
  • Home Owner's Assocation: No
  • Sewer Usage Fee Annual: $1,242
  • Tax Year: July 2024-June 2025
  • Property Tax: $13,005
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck
  • Waterfront Description: Walk to Water, Water Community
Interior Features
  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Attic YN: No
  • Fireplaces Total: 0
  • Laundry Room Location: In each unit, but not in office/workshop
  • Rooms Total: 12
Property
Property and Assessments
  • Color: Grey
  • Construction Description: Frame
  • Driveway Type: Asphalt
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1930
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: Approx 500 sq.ft. heated office and workspace in detached garage
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 237194
  • Sq Ft Est Heated Above Grade: 3600.0
  • Sq Ft Total: 3600.0
  • Zoning: NB
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Sewer Assess Description: included in tax amount
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 3
  • Total Rooms Multi Family: 12
Unit 1
  • Lease: Monthly
  • Listing Key: 1C81ECE753AE5383E0631401100A94EE
  • Unit Appliances: Gas Range,Microwave,Refrigerator,Dishwasher,Washer,Dryer
  • Unit Average Sq Ft: 1566
  • Unit Entry Order: 1
  • Unit Full Baths: 2
  • Unit Modified Date: 09-30-2024
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Lease Expires: 09-30-2024
  • Listing Key: 1C81ECE753AE5383E0631401100A94EE
  • Unit Appliances: Gas Range,Microwave,Refrigerator,Dishwasher,Washer,Dryer
  • Unit Average Sq Ft: 1282
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 09-30-2024
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 3
  • Listing Key: 1C81ECE753AE5383E0631401100A94EE
  • Unit Appliances: Refrigerator
  • Unit Average Sq Ft: 500
  • Unit Entry Order: 3
  • Unit Half Baths: 1
  • Unit Modified Date: 09-30-2024
  • Unit Num Bedrms: 0
  • Unit Num Rooms: 3
  • Unit Occupied By: Owner

Property History for 5 Cove Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Cove Avenue

Taxable ValueLand$176,020Additions$400,520Total$576,540
Tax Record2024$13,575 ($1,131 / month)
Home Facts
Baths3Total Finished SqFt2,848 SqFtAbove Grade Finished SqFt2,848 SqFtStories3Lot Size7,405 SqFtStyleTriplexYear Built1930Year Renovated1989ZoningNBCountyFAIRFIELDAPNNORW M:3 B:51 L:31

Schools near 5 Cove Avenue

This home is within Norwalk School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Marvin Elementary School
PublicK to 5

Nathan Hale Middle School
Public6 to 8

Norwalk High School
Public9 to 12

Columbus Magnet School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5 Cove Avenue is a multi-family home for sale in Norwalk, CT 06855. This property was listed for sale on July 5, 2024 by William Raveis Real Estate, it's currently listed at $1,300,000. It has been on the market for a total of 146 days and was last sold on October 4, 1995. This listing's school district is Norwalk School District. Nearby schools include Marvin Elementary School, Nathan Hale Middle School and Norwalk High School. 5 Cove Avenue is a 4-bed, 3.5-bath, 3,600 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of William Raveis Real Estate, Nancy Manby

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.