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Off market
  • $1,165,400

    5 Cove Ave, Norwalk, CT 06855

    4beds
    3,600sqft
    Multi Family
    Built in 1930
    -- sqft lot
    $1,165,400 Zestimate®
    $324/sqft
    $4,776 Estimated rent

    Home value

    $1,165,400

    $1.05M - $1.29M

    $4,776/mo

    Zestimate® history
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    $4,776/mo

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    Rent Zestimate®

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    $7,847/mo

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    $7,847/mo

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    What's special

    Mint condition commercial use/multi family home in the heart of the East Norwalk harbor community. Completely rebuilt in 1999 with many brand new systems between 2020-2022. Easy stroll to everything: water/harbor/boat docks, restaurants, shops, parks and more. Total East Norwalk lifestyle! The main house features two huge 2 bedroom apartments. Both on separate utilities including central air. First floor apartment also offers an additional room--ideal for home office. An expanded detached garage features a business set-up with heated and A/C workshop, two upper level office spaces with powder room and 2-bay garage. This set up is ideal for just about any business that needs both work and office space. The commercial space may possibly be modified for 3rd residential rental--Buyer and buyer agent due diligence for that possibility. So many special features in this unique investment opportunity. It also has an EV electric charging hook-up. Note: Current rents are significantly under value. Currently NOT in a flood zone. There is a prospective tenant for commercial space willing to have a conversation with a potential buyer who may be interested in negotiating a fair price for the garage prior to buying the property.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: William Raveis Real Estate, Mortgage & Insurance,MLS#: 24030368MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Basement: Yes
    Interior area
    • Total structure area: 3,600
    • Total interior livable area: 3,600 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: GarageDetached, OffStreet
    • Has garage: Yes
    Lot
    • Size: 7,405 sqft
    Details
    • Parcel number: NORWM3B51L31

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1930

    Community & neighborhood

    Location
    • Region: Norwalk

    Price history

    DateEventPrice
    1/2/2025Listing removed$1,300,000$361/sqft
    Source: William Raveis Real Estate, Mortgage & Insurance #24030368 Report a problem
    10/28/2024Listed for sale$1,300,000$361/sqft
    Source: William Raveis Real Estate, Mortgage & Insurance #24030368 Report a problem
    10/7/2024Pending sale$1,300,000$361/sqft
    Source: William Raveis Real Estate, Mortgage & Insurance #24030368 Report a problem
    7/10/2024Listed for sale$1,300,000+61804.8%$361/sqft
    Source: Smart MLS #24030368 Report a problem
    11/16/2012Listing removed$2,100$1/sqft
    Source: Cappello Realty Group #98542693 Report a problem
    7/24/2012Listed for sale$2,100-98.7%$1/sqft
    Source: Cappello Realty Group #98542693 Report a problem
    10/3/1995Sold$162,000$45/sqft
    Source: Smart MLS #95014369 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,779 +1.5%$576,540
    2024$13,575 +14.2%$576,540 +21.6%
    2023$11,889 +2.2%$473,940
    2022$11,633 +2.4%$473,940
    2021$11,360 +0.1%$473,940
    2020$11,354 +2.8%$473,940
    2019$11,050 +28.3%$473,940 +46.4%
    2018$8,613 +3.6%$323,740
    2017$8,314 +1.2%$323,740
    2015$8,213 +1.3%$323,740
    2014$8,107 -22.3%$323,740 -31.3%
    2013$10,428 +3.8%$471,030
    2012$10,048 +2.9%$471,030
    2011$9,769 +1.1%$471,030
    2010$9,661 +5.6%$471,030
    2009$9,147 +27.8%$471,030 +47.8%
    2008$7,160 +11.4%$318,640 +7.4%
    2007$6,427 +3.2%$296,730 +10.3%
    2006$6,228 -16.4%$268,922 -9.4%
    2005$7,448 +28.7%$296,730 +39.1%
    2004$5,785 +7.6%$213,306 +15%
    2003$5,374 +33.2%$185,500 +67.9%
    2001$4,036 +1.1%$110,494 +18%
    2000$3,994 +10.1%$93,643 +21.9%
    1999$3,628 $76,790

    Find assessor info on the county website

    Neighborhood: 06855

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Marvin
    • Middle: Nathan Hale
    • High: Norwalk

    Source: William Raveis Real Estate, Mortgage & Insurance. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $1,165,400
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    +$23,308
    With Zillow Showcase(estimated)
    $1,188,708