Home / Listings / Norwalk
Active · For Sale
$719,000

18 Lawrence Street, Norwalk, Connecticut 06854

5 beds 3 baths 1,976 sq ft Multi-Family For Sale Built 1916

About this home

Legal 2-Family Property in the heart of SONO. Great for owner occupied OR strictly investment. ALL utilities separate. Natural Gas heat/hot water + SNEW electric/water keep utilities LOW. City water/City sewer. Conveniently located just minutes from Washington Street shops/restaurants, SONO Collection Mall, Veterans Park (Oyster Festival), Maritime Aquarium & MORE! Commuter friendly! South & East Norwalk Train Stations + I95/Rt 7 nearby. Unit 1 recently updated & includes 1 spacious bedroom, 1 full bathroom with stand up shower, living room, dining area & EIK ($1,900/month). Very light & bright and faces the front of Lawrence St + front patio. Unit 1 washer/dryer + storage in basement. Laundry belongs to owner. Basement clean and dry. All mechanicals newer & annually serviced since owner purchased 2021. 1st FL Hot water heater 2025. Unit 2 has 2- level living. Second FL has 2 bedrooms, 1 full bathroom, living room, dining area kitchen +rear balcony. Third level has 2 additional bedrooms & full bathroom + balcony to enter exit from rear. Unit 2 also uses basement for storage & takes care of landscaping. Interior/Exterior access to basement. *Unit 1 rent $1,900/month market value* *Unit 2 rent $3,100/month is currently BELOW market value. Based on rents in the area a 4 bed 2 bath should be rented between $3,800-$4,000. *Exenses - Taxes/Sewer $8,616 - Insurance/Flood $5,260 - Water - $800-1,000/year *Can likely find cheaper insurance* Based on potential rents - 8.1% CAP

Status
Active
Type
Multi-Family For Sale
Price
$719,000
Beds
5
Baths
3
Interior
1,976 sq ft
Lot
0.14 ac
Year Built
1916
MLS #
24179186
ZIP
06854
Days on Market
48
Heat
Natural Gas · Gas on Gas, Hot Water
Cooling
Window Unit
Water
Public Water Connected
Sewer
Public Sewer Connected
Parking
On Street Parking, Off Street Parking, Unpaved
Laundry
Washer/Dryer Some Units — Unit 1 IN Basement Unit 2 IN Unit
Flood Zone
Yes

Flood risk: check the FEMA flood map for this address.

Schools

Elementary
Per Board of Ed
High School
Per Board of Ed

Taxes

Property tax
$8,616 (July 2025-June 2026)
Assessed value
$360,490

Interior

Basement
Full, Storage, Hatchway Access, Interior Access, Concrete Floor, Full With Walk-Out
Total rooms
11

Building & Exterior

Style
Units on different Floors
Roof
Asphalt Shingle
Siding
Asbestos
Exterior features
Balcony, Awnings, Gutters, Garden Area, Lighting, Patio
Foundation
Concrete
New construction
No/Resale

Lot & Land

Zoning
C
Lot
City Views, Level Lot
Waterfront
Beach Rights

Energy

Energy features
Thermopane Windows

Public record

From the Norwalk assessor's public property record. These figures describe the property as the town has it on file and can differ from the listing — a finished basement or an addition may not be reflected in the assessor's living area.

Year built1916
Living area1,976 sq ft
Total rooms10
Lot size0.14 acres
Stories2.5
HeatHot Water
ExteriorAsbest Shingle
Assessed value$360,490
Town appraisal$514,980
Last recorded sale2021 — $515,000

Recorded sales

Deed transfers on file with the Norwalk land records, newest first. These are recordings rather than MLS sales, so they include transfers that were never listed. Nominal and $0 transfers (estate, trust and family conveyances) are excluded.

Listing courtesy of Realty ONE Group Connect — Dean Papadopoulos · (203) 590-1111

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