Connecticut Logo

36-38 Merwin, Norwalk, CT 06850

8 Bed, 5 Bath Multi-Family Home For Sale

36-38 Merwin, Norwalk, CT 06850 House For Sale - MLS #H99185526
Off the Market
5+ Family
This listing is courtesy of William Raveis Real Estate

Property Description for 36-38 Merwin, Norwalk, CT 06850

Rare legal 5 family opportunity in trendy West Ave revitalized location. Two homes on one lot. #38 Merwin has two 1 bedroom units and #36 has three 2 bedroom units. All units totally renovated from A to Z in turn key condition. Fully leased with long term tenants. Nicely landscaped attractive corner lot. Separate utilities & central air plus washer and dryers facilities. Extremely low maintenance. Walk to everything, all major routes, trendy restaurants, newly opened palace theater. Pro forma capitalized at 6.5% return. Pro Forma Net Operating income - $73,203 Current Total monthly income: $7,420 / Current Total gross Income per year: $89,040 Actual Net Operating Income: $68,343 Total Expenses: per year $20,697

Interior Details

4,068 sq. ft.
$227.38/sq. ft.
Public Sewer
Public Water

Exterior Details

0.16 acres
6,970 sq. ft.
On Street Parking

Other Details

Medical Facilities; Playground/Tot Lot; Library; Public Transportation; Shopping/Mall
Create a free account to see additional details for this home (school information, taxes, exterior details, etc...)

Request more information or Schedule an Appointment

We are dedicated to meeting all your needs in a prompt manner. In most cases, we will call you back the same day or at the most 24 hours. You can also reach us at 203-805-8811 or email us at

Create a free account for me

Homes For Sale Near 36-38 Merwin, Norwalk, CT 06850

7 Arch Street Unit 11, Norwalk, CT 06854 Condo For Sale - MLS #99174487 $162,500
2 Bed, 1 Bath
2 Photos
25 Van Buren Avenue Unit 2, Norwalk, CT 06850 Condo For Sale - MLS #99187322 $219,000
3 Bed, 2 Bath
23 Photos
4 Morgan Avenue, Norwalk, CT 06851 Home For Sale - MLS #99193236 $529,000
Single Family
6 Bed, 2.5 Bath
18 Photos
144 East Unit B203, Norwalk, CT 06851 Condo For Sale - MLS #170026900 $445,000
2 Bed, 2.5 Bath
20 Photos
10 Sunset Hill Avenue, Norwalk, CT 06851 Home For Sale - MLS #99175392 $482,000
Single Family
3 Bed, 1.5 Bath
26 Photos

Listings Similar to 36-38 Merwin, Norwalk, CT 06850

$499,000 4 Lorena Street, Norwalk, CT 06855 House For Sale - MLS #99193941
2,040 sq. ft.
Posted 4 months, 13 days ago

Legal 3 family in East Norwalk. All units have washer and dryer. Large fenced in back yard. One furnace owner pays oil @1350 last year. Owner pays for common electricity @$25 mo. Tenants pay gas which includes stove and hot water and electricity. 3 hot water heaters and separate electricity.

$869,000 9 Park, Darien, CT 06820 House For Sale - MLS #H99191810
2,774 sq. ft.
Posted 4 months, 13 days ago

Rare 2-Family home in Darien. 9-11 Park Lane. Investment Opportunity. Decades of rental income history. 11 Park Lane has a tenant through July 2018. Buyer to assume lease. Each unit has 4 bedrooms and 1 full bath, detached garage, charming front screened-in porch, deck off master bedroom and shared backyard. Hardwood floors throughout. Endless possibilities. Private Road. $225 per year for...

Read More

$745,000 267 Fillow, Norwalk, CT 06850 Home For Sale - MLS #H99176416
4,516 sq. ft.
Posted 4 months, 13 days ago

Immaculate offering like new in every aspect. Beautiful open floor plan & room transition, living room w/fireplace, large dining room flows to spectacular cherry kitchen, granite/SS, expansive island & banquet bar. Family room w/fireplace & French doors to deck, 1st floor master w/ walk in closet & exceptional bath. Upper level has 2 wings each with 2 bedrooms. Hardwood floors & cove moldings...

Read More

$599,000 18 Soundview Avenue, Norwalk, CT 06854 House For Sale - MLS #99187757
2,450 sq. ft.
Posted 4 months, 13 days ago

great 3 family home in the heart of south norwalk great income close to i95 public transportation investors take notice

My Notes

Save Favorites

Keep Notes

Create a free account to track your favorite listings

Mortgage Calculator


Monthly Mortgage Payments


Town Description

The foreign nation in which the most residents of Norwalk were born was Colombia, the birthplace of 2.8% of Norwalk's total population and 14% of its foreign-born population.[4] There were 32,711...

Read More