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$700,000
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Property Description
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
Full Property Details
Full Property Details for 2 Olmstead Pl
General
- Sold For: $700,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24088775
- Added to Site: 298 day(s) ago
Interior
- Number of Rooms: 7
- Fireplace: Yes
- Number of Fireplaces: 1
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Hook-Up In Unit 1
Exterior
- Exterior Features: Balcony, Gutters, Lighting
- Color: Beige
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking: Attached Garage
Location
- County: Fairfield
- Neighborhood: East Norwalk
- Driving Directions: East Avenue to Olmstead
School Information
- Elementary School: Marvin
- Middle School: Nathan Hale
- High School: Norwalk
Community
- Community Name: East Norwalk
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Natural Gas
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas, Domestic
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units on different Floors
- Construction Status: No/Resale
- Exterior Const.: Vinyl Siding
- Basement Desc.: Partial, Unfinished
- Roof: Asphalt Shingle
- Square Feet: 3,055
- Above Ground: 2,505 Sq. Ft.
- Below Ground: 550 Sq. Ft.
- Year Built: 1947
Unit Information
Unit 1
- Square Feet: 835
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Square Feet: 550
- Total Bathrooms: 1
Unit 3
- Square Feet: 1120
- Total Bathrooms: 1
- Partial Bathrooms: 1
Unit 4
- Square Feet: 1220
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.12
- Zoning: B
- Lot Description: Level Lot
Water Features
- Water Front Desc.: Beach Rights
Financial Considerations
- Assessment Amount: $458,780
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 230788
Listed by William Raveis Real Estate, Sonia Byrnes
Sold by Realty ONE Group Connect, Dean Papadopoulos
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Schools
Schools serving 2 Olmstead Pl
School District:Norwalk School District
| Name | Grades | Distance |
|---|---|---|
Marvin Elementary School 15 Calf Pasture Beach Road, Norwalk, CT 06855 | K-5 | 1.1 mi |
Nathan Hale Middle School 176 Strawberry Hill Avenue, Norwalk, CT 06851 | 6-8 | 0.8 mi |
Norwalk High School 23 Calvin Murphy Drive, Norwalk, CT 06851 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2 Olmstead Pl
Date
Details
Price
Change
Source
10/06/2025
Sold
$700,000
-3.45%
MLS
4/25/2025
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2 Olmstead Place, Norwalk, CT 06855 (MLS# 24088775) is a Multi-Family property that was sold at $700,000 on October 06, 2025. Want to learn more about 2 Olmstead Place? Do you have questions about finding other Multi-Family real estate for sale in East Norwalk? You can browse all East Norwalk real estate or contact a Coldwell Banker agent to request more information.

