22 Davis Street, Norwalk (West Rocks Area), CT, 06851 | $625,000

Welcome to 22 Davis Street, a rare two-family colonial in the heart of Norwalk offering both income potential and flexible living options boasting $4100 monthly rent including the garage. Built in 1920, this 1, 296 square foot property features two self-contained one-bedroom, one-bath units, each with its own kitchen, full bathroom, and in-unit laundry. Unit 1 is has a thoughtful, open layout from entrance to kitchen, bathroom, bedroom, and front-facing living room. It has been fully updated and well kept by the tenant. There is also access to the basement from this unit. Upstairs, unit 2 is in excellent condition, with large living room, kitchen, bathroom, and laundry. The living room might be a second bedroom for a creative buyer. Both units include dedicated laundry closets. Outside, an open front porch, gravel back patio, and detached 1 car garage add functional appeal. This well-maintained 2 family offers an opporunity in a desirable dead-end neighborhood, at a price that doesn't exist in this market. Priced at $625, 000, this Davis Street property puts you steps from Norwalk's shops, dining, and transit with the versatility of multi-family ownership. **INTERIOR UPDATES & IMPROVEMENTS** Both units feature in-unit washer/dryer installations for independent laundry convenience. Unit 1 includes a dedicated washer/dryer closet adjacent to the entrance. Unit 2 provides laundry facilities in a central closet location off the kitchen area. **MECHANICAL SYSTEMS** Forced air heating system throughout, oil fuel.

Features

  • Town: Norwalk
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Units: 2
  • Style: Units on different Floors
  • Year Built: 1920
  • Garage: 1-car Detached Garage
  • Heating: Hot Air
  • Cooling: Window Unit
  • Basement: Partial
  • Above Grade Approx. Sq. Feet: 1,296
  • Acreage: 0.1
  • Est. Taxes: $7,465
  • Lot Desc: Level Lot
  • Elem. School: Per Board of Ed
  • High School: Per Board of Ed
  • MLS#: 24165567
  • Website: https://www.raveis.com
    /raveis/24165567/22davisstreet_norwalk_ct?source=qrflyer
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NMLS Mortgage Loan Originator ID 69244

914.260.2006

Francine.Silberman@raveis.com

Our Executive Mortgage Banker:

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Mace L. RattetVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69957

914.260.5535

Mace.Rattet@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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22 Davis Street, Norwalk (West Rocks Area), CT, 06851

$625,000

Balestriere Team

Sales Associates

William Raveis Real Estate

Phone: 203.216.0670

BalestriereTeam@raveis.com

Francine Silberman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.2006

Francine.Silberman@raveis.com

NMLS Mortgage Loan Originator ID 69244

Mace L. Rattet

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.5535

Mace.Rattet@raveis.com

NMLS Mortgage Loan Originator ID 69957

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $500,000 $500,000 $500,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.133% 6.739% 5.952%
Monthly Tax Payment $622 $622 $622
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,878 $3,202 $4,152
Total Monthly Payment $3,592 $3,916 $4,866

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.