2 Olmstead Place

About Property

Sound Investment Opportunity in East Norwalk. This mixed-use property is located in a prime location in East Norwalk, just a short walk to the train station and conveniently close to highways, beaches, and shopping. The building consists of four well-maintained units: two residential apartments, one commercial garage space and one large storage space. All units are currently tenant-occupied, ensuring a seamless transition for the new owner. The first-floor, one-bedroom apartment features a newly remodeled interior with a spacious living room, hardwood floors, built-in bookshelves, and a wood-burning fireplace. The modern kitchen is equipped with stainless steel appliances and provides access to the yard. The fully tiled bathroom includes a large shower and stackable washer and dryer. The bedroom offers a generous walk-in closet and a window for natural light. On the second floor, a studio apartment offers a comfortable living space with hardwood floors, access to the yard, and a private balcony. The commercial space is a two-bay garage with high ceilings and ample storage, ideal for a variety of uses. Fourth unit is a partially finished space, which is currently deemed as storage use only. However, new owner could potentially convert into a fourth residential unit; this is subject to town approval. This is an outstanding opportunity for investors seeking a well-located property with stable rental income and future potential for growth. SOLD AS IS
Listed by William Raveis Real Estate, Sonia Byrnes. Data sourced from SmartMLS