- $643K med. price
- 11 homes for sale
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!
Boating, art, and the hip lifestyle
MLS ID | #170602930 |
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Status | Closed |
Listing date | October 14, 2023 |
Closed date | November 30, 2023 |
Days on market | 47 days |
List price | $ 625,000 |
Close price | $ 720,000 |
Sale-to-list ratio | 115% |
Tax amount | $ 10,904 |
Tax year | july 2023-june 2024 |
Financing used | Withheld |
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