#24082795, James Kitt, Listing Office: Compass Connecticut, LLC

2 Olmstead Pl Norwalk, CT 06855
Property details
About 2 Olmstead Pl
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
Highlights
Summary
- MLS Number: 24088775
- Office Name: William Raveis Real Estate
- Office Phone: (203) 655-1423
- Office Email: sonia.byrnes@raveis.com
- Listing Agent: Sonia Byrnes
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Last updated on: 4/24/2025, 12:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$725,000
2 Olmstead Pl
$8,609
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 07, 2019 | Home Sold | $300,000 |
Nov 07, 2019 | Home Sold | $75,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $458,780 | $10,802 |
2023 | $389,900 | $9,781 |
2022 | $389,900 | $9,570 |
2021 | $389,900 | $9,346 |
2020 | $389,900 | $9,340 |
2019 | $389,900 | $9,091 |
History based on county public records data.
Nearby schools
4
Marvin Elementary School
Public District KG-5
1.1 mi
•15 Calf Pasture Beach Rd
5
Naramake Elementary School
Public District KG-5
1.1 mi
•16 King St
4
Tracey Elementary School
Public Magnet KG-5
1.2 mi
•20 Camp St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $95,759. Residents of Norwalk, CT typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
Living in Norwalk, CT
About 2 Olmstead Pl
This home is located at 2 Olmstead Pl in Norwalk, CT and zip code 06855. This 3,055 square foot home, which was built in 1947, sits on a 0.12 acre lot. Features: 1 bedroom, 3 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $725,000.
Norwalk, CT housing market in March 2025 saw over 32 listings sold above listed price, more than 7 sold at listed price and over 15 sold below. The inventory of homes for sale in Norwalk, CT between February and March 2025 increased by 28.2%.