Norwalk, CT 06855,12 Rowan Street

$725,000

$750,000

3.3%
Est.Price: ?

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Est. payment /mo

4 Beds

5 Baths

2,772 SqFt


SOLD DATE : 02/18/2022

Key Details

Sold Price $725,000

Property Type Multi-Family

Sub Type 4 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,772 sqft

Price per Sqft $261

MLS Listing ID 170436007

Sold Date 02/18/22

Style Units on different Floors,Units are Side-by-Side

Bedrooms 4

Full Baths 5

Year Built 1950

Annual Tax Amount $11,655

Lot Size 6,969 Sqft

Property Sub-Type 4 Family

Property Description

Legal 4 unit multi use property located in the most desirable section of East Norwalk close walking distance to the train and 1 mile drive to Calf Pasture Beach. Main house has 3 units, Unit 1R - 1 bed & 1 bath, Unit 1L - 1 bed & 1 bath, Unit 2 - 2 bed & 2 bath with a finished attic for extra space. There's a beautifully renovated built out separate commercial building in the rear of the property with a full bath and an abundance of storage. Unit 1L - $1,395 : Unit 1R - $1,150 : Unit 2 - potential $1,800 : Commercial space - $1,900 Total monthly income - $6,245 : Gross yearly income - $74,940 - Total expenses (Snow, lawn, general maintenance) $2,237 - (Insurance) $3,544 - (Utilities) $4,607 - (Taxes) $13,162 = $23,550 Total NOI (net operating income) $51,390

Location

State CT

County Fairfield

Zoning NB

Rooms

Basement Full, Unfinished

Interior

Heating Baseboard

Cooling Window Unit

Exterior

Parking Features Paved, Assigned Parking, Driveway

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Block

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

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Listed by Evan Philippopoulos • Compass Connecticut, LLC
Bought with Lina M. Valenzuela • Century 21 Scala Group

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