Welcome to 54 Lincoln Avenue Extension. This is an excellent turn-key investment with water views from top level. Both units are updated, bright, clean and move-in ready with impeccable finishes. Property built in the year 2004 and has been extremely well maintained since both inside and out. This is the last house on a dead end quiet street. Extremely attractive not only to investors but to owner occupied buyers as well. This property has everything you could ask for in a side-by side duplex. Each unit is townhouse style with 3 total levels (MIRROR IMAGE). Approximately 1,600 SQ FT liveable space per unit along with the potential to finish an additional 700+ sq ft per each units basement (interior access). Both basements are clean with high ceilings and windows just ready to finish! Newer central air units, insulation, thermopane windows, and propane gas help keep the utilities low. Vinyl siding/shutters + sanded/stained decks (both units 2020) keep maintenance very low. All utilities are completely separated per unit. Adequate parking for at least 6+ cars. City water and city sewer. Just minutes from SONO, Train Station, I95, East Norwalk/Rowayton & MORE! Each unit has extremely desirable features such as hardwood floors throughout, new quartz countertops, light fixtures and bathroom vanities. This is a MUST SEE. Current tenant on month-to month and paying under market value (long time resident). Units should rent - $3,200/month AS IS, $3,600/month w/ finished basements.
Off market
$1,105,700
54 Lincoln Avenue Ext, Norwalk, CT 06854
6beds
4,704sqft
MultiFamily
Built in 2004
-- sqft lot
$1,105,700 Zestimate®
$235/sqft
$4,734 Estimated rent
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What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced air, Propane / Butane
Cooling
- Central
Appliances
- Included: Washer
- Laundry: All Units Have Hook-Ups, Washer/Dryer All Units, WASHER/DRYER IN EACH UNIT (2ND FLOORS)
Features
- Basement: Partially finished
- Attic: Pull Down Stairs, Storage, Floored
- Has fireplace: Yes
Interior area
- Total interior livable area: 4,704 sqft
- Finished area below ground: 1568
Property
Features
- Patio & porch: Deck
- Exterior features: Vinyl
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Beach Rights, View
Lot
- Size: 8,276 sqft
- Features: Level, Cul-de-Sac
Details
- Parcel number: NORWM2B89L54
- Zoning: C
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
Materials
- Frame
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Norwalk
HOA & financial
Other financial information
- Total actual rent: 749500
Other
Other facts
- ViewYN: true
- Sewer: Public Sewer
- Zoning: C
- Heating: Forced Air, Propane
- FireplaceYN: true
- Roof: Asphalt
- Basement: Unfinished, Full, Interior Entry
- HeatingYN: true
- NumberOfUnitsTotal: 2
- PatioAndPorchFeatures: Deck
- CommunityFeatures: Playground, Golf, Park, Medical Facilities, Public Transportation, Shopping/Mall, Library, Private School(s)
- FireplacesTotal: 2
- ConstructionMaterials: Frame, Vinyl Siding
- NumberOfUnitsInCommunity: 2
- LotFeatures: Level, Cul-de-Sac
- ParkingFeatures: Driveway, Off Street, Paved
- Cooling: Central Air, Zoned
- OperatingExpense: 13000
- View: View, Water
- Attic: Pull Down Stairs, Storage, Floored
- BelowGradeFinishedArea: 1568
- YearBuiltSource: Public Records
- WaterfrontFeatures: Beach Rights, View
- FoundationDetails: Concrete
- WaterSource: Public Water Connected
- ArchitecturalStyle: Units are Side-by-Side
- LaundryFeatures: All Units Have Hook-Ups, Washer/Dryer All Units, WASHER/DRYER IN EACH UNIT (2ND FLOORS)
- GrossIncome: 76800
- MlsStatus: Show
- TotalActualRent: 749500.00
- TaxAnnualAmount: 10933
- NetOperatingIncome: 63800
Services availability

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