Create instant equity and/or boost long term yield via the repositioning oppty this investment property provides. Capital expenditure efforts accommodate both cosmetic overhaul and upper level expansion. Long term tenant base offers both security to a new landlord and/or the incentive to restructure tenant agreements in keeping with current market expectations. This right sized 3 unit dwelling is an attractive prospect to either the owner occupant seeking expense & debt service coverage or the pure investor desiring a manageable project promising solid returns. Close proximity to the Norwalk Hospital, public transportation, and walking distance to shops n’ services in the West Ave / Wall St vicinity. RE taxes reduced for 2014 / 2015. *** As of 9.18.2014 a c/o has been verified for a 2 unit residence. There is no information suggesting a 3rd unit (the 1 BR unit located on the uppermost level of the dwelling) is of a conforming nature. Current use is that of a 3 unit residence and town assessor's property card recognizes dwelling as the same.
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