NORWALK, CT · ACTIVE · MLS #24205081
12 Fort Point
$995,000 · 6 beds · 2 baths · 3,169 sq ft · 0.13 acres · built 1925
Listing courtesy of William Raveis Real Estate · (203) 869-9263 · Listing agent: Emilio Montero
Also listed as Commercial-Investment, MLS# 24205138. Perfect for investors, 1031 buyers, or an owner-occupant with a business: two apartments plus a street-level salon in East Norwalk, a five-minute walk to the East Norwalk train station, Veterans Park and the harbor. Owner collects $90,000 a year: $75,600 from the two apartments and the salon plus $14,400 from the finished attic level, and every tenant pays their own heat and electric (4 electric meters, 3 gas). First floor: a true 3-bedroom, 1-bath at $2,200, month-to-month; comparable 3-bedroom units nearby have leased at $2,800-$3,200, so the new owner sets the rent. Second floor: 3-bedroom, 1-bath at $2,550, month-to-month. Finished walk-up attic level above it, occupied month-to-month at $1,200; a new owner could re-lease the second floor and attic together as one two-story apartment at about $3,750. Street level: established salon on a lease at $1,550. Owner expenses of $26,033 (taxes, insurance, water, trash, maintenance). Roof approximately four years old, 11 hardwired smoke/CO detectors, full basement with laundry hookups, two off-street parking spaces at the front plus on-street parking. Priced at $314 per square foot against this year's closed Norwalk multifamily sales. Sold as-is. Operating statement, rent roll and floor plans on request. Showings by appointment; tenant-occupied.
Ask John about this homeSource: Smart MLS, Inc. Listing information is provided by Smart MLS, Inc. exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS. Presented by John Catizone, Keller Williams Realty, 404 Main Street, Ridgefield, CT 06877 · (203) 313-7127. Questions about the accuracy of a listing? Call or email johncat2002@gmail.com.
YOUR NEXT CHAPTER STARTS HERE
Let’s talk
about your next move.
A thoughtful conversation. An informed perspective.
A plan built around you.
DIRECT
(203) 313-7127OFFICE
(203) 438-9494 johncat2002@gmail.comKeller Williams Realty404 Main Street
Ridgefield, CT 06877
RIDGEFIELD · FAIRFIELD COUNTY · WESTCHESTER