5 Cove Avenue
$1,300,000
4
3
1
3,600
3,600
$361
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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.
- Listed by Nancy Manby • William Raveis Real EstateP: (203)-856-7069 C: (203)-856-7069 nancy.manby@raveis.com
Property Details for 5 Cove Avenue
Basement Description
Full, Unfinished, Storage
Direct WaterfrontNo
Expected Active Date07-10-2024
Garages Number2
NeighborhoodEast Norwalk
StyleUnits on different Floors
Garage Parking InfoDetached Garage, Paved, Off Street Parking, Driveway
Swimming PoolNo
LISTING UPDATED: 10/28/2024 02:47 PM
Property Details for 5 Cove Avenue
Status | Active |
---|---|
MLS # | 24030368 |
Days on Market | 146 |
Taxes | $13,005 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / 3 Family |
Year Built | 1930 |
Lot Size | 0.17 AC / 7,405 SF |
County | Fairfield County |
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Building Information for 5 Cove Avenue
Stories-Residences3Year Built1930Building Size-Lot Size0.17 AC / 7,405 SF
Property Information for 5 Cove Avenue
Property History for 5 Cove Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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