Connecticut Logo

36-38 Merwin Street, Norwalk, CT 06850

8 Bed, 5 Bath Multi-Family Home For Sale

36-38 Merwin Street, Norwalk, CT 06850 House For Sale - MLS #99185526
$1,050,000
8
5
Multi-Family
5+ Family
5
This listing is courtesy of William Raveis Norwalk

Property Description for 36-38 Merwin Street, 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.
$258.11/sq. ft.
20
Sewer
City Water

Exterior Details

0.16 acres
6,970 sq. ft.
Street
Masonry

Other Details

99185526
1930
Library; Medical Facility; Playground; Public Transportation; Shopping/Mall
$89,040
Access Via Scuttle
Units Vary; Washer/Dryer Some Units

Units Description

Unit #1
Rooms: 4      Bedrooms: 2      Full / Half Baths: 1 / 0      Lease: Yes
Appliances : Range; Refrigerator; Wall Oven

Unit #2
Rooms: 4      Bedrooms: 2      Full / Half Baths: 1 / 0      Lease: Yes
Appliances : Range; Refrigerator; Wall Oven

Unit #3
Rooms: 4      Bedrooms: 2      Full / Half Baths: 1      Lease: Yes
Appliances : Range; Refrigerator; Wall Oven

Unit #4
Rooms: 4      Bedrooms: 1      Full / Half Baths: 1      Lease: Yes
Appliances: Range; Refrigerator; Wall Oven

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 sales@connecticutforsale.com.








Create a free account for me

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

7 Arch Street Unit 11, Norwalk, CT 06854 Condo For Sale - MLS #99174487 $162,500
Condo
2 Bed, 1 Bath
2 Photos
25 Van Buren Avenue Unit 2, Norwalk, CT 06850 Condo For Sale - MLS #99187322 $219,000
Condo
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
Condo
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 Street, Norwalk, CT 06850

$849,900 9 Orchard Hill Road, Norwalk, CT 06851 Home For Sale - MLS #99176544
3,700 sq. ft.
Posted 7 months, 7 days ago

Elegant Orchard Hill Estates col in pristine condition indoors & out on 1 acre near Norwalk/Westport line with easy access to shuttle bus to train & close to Wpt shopping & restaurants. Home has great flow with wonderful open feel, soaring ceilings and oversized windows. Large open E-I-K with center island opens to spacious LR/FP . Breakfast room w/ vaulted ceiling leads to outdoor deck. Back...

Read More


$549,900 54 Lincoln Avenue Extension, Norwalk, CT 06854 House For Sale - MLS #99185361
3,500 sq. ft.
Posted 7 months, 7 days ago

excellent condition, quite dead end street




$849,000 17 Harbor View, Norwalk, CT 06854 Home For Sale - MLS #H99191473
2,452 sq. ft.
Posted 7 months, 7 days ago

Own a piece of history. Turn of the century home built for entertaining yet updated over the years (including new roof and HVAC). One of a kind living room with double height ceilings and ability to host 125 people at an event. Water views and great light. This could be one level living.

Located on the island known as the Harbor View Association -- connected to the mainland via just a...

Read More


$865,000 21.5 Keeler, Norwalk, CT 06854 Home For Sale - MLS #170034351
2,250 sq. ft.
Posted 7 months, 7 days ago

Unique opportunity for future homeowner or investor. Beautiful and completely level grounds approved building lot for a single family home. 0.84 acre back lot. Private, rural and orchard-like characteristics. The lot is lined with stone walls. Seller/Developer will work with future lot buyer to build custom dream home of your choice in the $750-900k range. Primary location of convenience,...

Read More


My Notes

Save Favorites

Keep Notes

Create a free account to track your favorite listings

Mortgage Calculator


(20%)

Monthly Mortgage Payments

$4,769
$6,643

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