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Key Details
Sold Price $720,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,616 sqft
Price per Sqft $275
MLS Listing ID 170602930
Sold Date 11/30/23
Style Other
Bedrooms 4
Full Baths 3
Year Built 1907
Annual Tax Amount $10,904
Lot Size 0.680 Acres
Property Description
A cashflow positive 3 family situated in a unique location--78 Myrtle Street is sure to impress. This great property is located at the end of a cul-de-sac within a short distance of East Norwalk's train station. There are two buildings, a 1907 two family home and a large two car detached garage with an apartment above it. The main home has two 1-bedroom units up and down, with high ceilings, hardwood floors and 1 bathroom per unit. There is a large front porch, and plenty of yard space. The basement is shared and perfect for storage or laundry. There are so many possibilities with a package of two great buildings like this! The apartment above the garage is almost 700 square feet, with 2 bedrooms and 1 bathroom. The total income in current condition for the property can be up to $6000 (or more), but two of the three units are currently vacant and ready for a lucky buyer to move into or get cash flowing. This unique package is affordable, and located in a desirable East Norwalk location. The beach, train, highways are all very close, with great restaurants, shopping, and more around the corner. This is close to the East Norwalk Train's redevelopment area where so much new construction and development money is incoming. In other words, this is a great property at a great price in a location that should see future appreciation!
Location
State CT
County Fairfield
Zoning B
Rooms
Basement Full, Unfinished
Interior
Heating Hot Air
Cooling None
Exterior
Exterior Feature Porch
Parking Features Detached Garage
Garage Spaces 2.0
Waterfront Description Beach Rights
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Stone
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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Bought with Demetri Dassouras • Coldwell Banker Realty