NOT LISTED FOR SALE

1 Charles St Norwalk, CT 06855

East Norwalk Neighborhood
6 Beds
3 Baths
2,253 Sq Ft
6,098 Sq Ft Lot

Last Sold March 24, 2017

Last sale price $450,000 $200 Per Sq Ft

382 Days on Market

Highlights

  • Beach Front
  • Attic
  • Thermal Windows
  • Finished Attic
  • Balcony
  • 2 Car Attached Garage

About This Home

As of March 2017

Price reduced below 500K. Ideal investment property close to East Norwalk Rail Station. Fully rented till end Apr, 2017. Net operating income of $44,400 annually.
This MF home consist of two separate buildings. Main building is rented to Sec 8 tenant.
Besides the rent the tenants pay for electricity, gas and yard cleanup. Estimated to generate positive cash flow of around $ 1200 monthly .

Last Agent to Sell the Property

Peekay Premkumar

Berkshire Hathaway NE Prop. License #RES.0764382 Listed on: 03/04/2016

Last Buyer's Agent

Peekay Premkumar

Berkshire Hathaway NE Prop. License #RES.0764382 Listed on: 03/04/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,445

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Beach Front

Home Design

  • Stone Frame
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Radon Mitigation System
  • Masonry
  • Stone

Interior Spaces

  • 2,253 Sq Ft Home
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Tuck Under Garage

Outdoor Features

  • Balcony

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units
  • Res Subdivision

Building Details

  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,445

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Neighborhood: East Norwalk
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 2253
  • Total Sq Ft: 2253
  • Year Built: 1925
  • Remarks Public Addendum: Price dropped below 500K.Ideal investment property close to East Norwalk Rail Station. Fully rented till end Apr, 2017. Net operating income of $44000 annually. This MF home consist of two separate buildings. Main building is rented to Sec 8 tenant . Be
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Yes
  • Radon Mitigation Water Ynu: Unknown
  • Directions: East Ave towards beach, right on Fort Point Street. Corner of Fort point and Charles Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Finished, Heated, Walk-up
  • Basement Description: Full, Unfinished
  • Attic: Yes
  • Street Number Modifier: 1

Exterior Features

  • Exterior Features: Balcony
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access, Beach, Beach Rights
  • Swimming Pool: No
  • Construction Description: Stone

Garage/Parking

  • Garage Parking Info: Attached Garage, Under House Garage
  • Garages Number: 2

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 630

Condo/Co-op/Association

  • Property Manager Email: peekay38@gmail.com

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1400
  • Lot Description: Fence - Full
  • Zoning: NB

Multi Family

  • Gross Annual Income: 48000
  • Net Operating Income: 44400
  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2
  • Total Unit Count: 2

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 6445
  • Total Assessed Value: 253340
  • Mil Rate Base: 22.940
  • Mil Rate Tax District: 2.500
  • Mil Rate Total: 22.940
  • Assessor Parcel Number: 237071

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $450,000 -12.6% $200 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
03/04/2016 03/04/16 For Sale $515,000 0.0% $229 / Sq Ft
05/26/2014 05/26/14 Rented $2,400 -4.0% --
04/26/2014 04/26/14 Under Contract -- -- --
03/24/2014 03/24/14 For Rent $2,500 -- --
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Peekay Premkumar

    Seller's Agent in 2017

    Peekay Premkumar

    Berkshire Hathaway Home Services

    Section Image
  • Linna Yuen

    Buyer's Agent in 2014

    Linna Yuen

    Coldwell Banker Realty

    (203) 550-1657

    62 Total Sales

    Linna Yuen
    Section Image
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Map

Source: SmartMLS

MLS Number: 99135905

SmartMLS

APN: NORW D:3 B:5 L:12

Connecticut Fairfield County Norwalk 06855 East Norwalk

1 Charles St, Norwalk, CT

This home is located at 1 Charles St, Norwalk, CT 06855 since 04 March 2016. This property was built in 1925. 1 Charles St is a home located in Fairfield County with nearby schools including Marvin Elementary School, Nathan Hale Middle School, and Norwalk High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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