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Rare Norwalk opportunity! This first and second floor duplex at 26 Center Ave sits on a tree lined street with convenient sidewalks - offering the perfect house-hack setup: live in one unit and rent the other, or hold both as a turnkey investment. One unit features 1 bedroom (currently being used as 2) and 1 baths across 742 sq ft of well-designed living space, the second unit is upstairs and has 2 bedrooms on one floor and another on the third floor with over 900 sq ft of living area. Solidly built in 1915, this move-in ready property offers solid quality that's hard to find at this price point. Whether you're an owner-occupant looking to offset your mortgage or an investor seeking cash flow in one of Fairfield County's most desirable towns, 26 Center Ave delivers flexibility, privacy, and long-term value on a peaceful street just minutes from shopping, the train station, and all that downtown Norwalk has to offer. Two homes, endless possibilities - don't miss this one. More photos coming soon! Inside is in better shape than outside! Unit 1 is displayed so far, Unit two is in similar shape with more bedrooms. When showing do NOT miss the third floor bedroom.
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$699,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $559,200 | $559,200 | $559,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.640% | 5.952% |
| Monthly Tax Payment | $665 | $665 | $665 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,349 | $3,531 | $4,644 |
| Total Monthly Payment | $4,106 | $4,288 | $5,401 |
* 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.