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  • 36-38 Merwin Street, Norwalk, CT 06850
  • $925,000
  • 8 BedroomBedrooms
  • 5 BathroomBathrooms
  • 0 Half BathroomHalf Bathrooms
  • 4,068 Sqft
  • Sold On

36-38 Merwin Street, Norwalk, CT 06850

  • Open House
  • New Listing


  • 8 BedroomBedrooms
  • 5 BathroomBathrooms
  • 4,068 Sqft
  • Multi Family
  • Contingent
  • MLS# 99185526
  • Sold On
0 More Schedule
  • Price Reduced$25,000

Property Information 36-38 Merwin Street

  • MLS99185526
  • Zip Code06850
  • TypeMulti Family
  • Bedrooms8
  • Bathrooms5
  • Total Rooms20
  • Sq. Ft.4, 068.00
  • Fireplaces0
  • BasementStorage, Unfinished
  • AtticAccess Via Hatch
  • Exterior FeaturesNone
  • Parking On Street Parking
  • Parking0
  • Garage Space0
  • HeatingHot Air
  • CoolingCentral Air
  • WaterPublic Water Connected
  • SewerPublic Sewer Connected
  • Year Built1930
  • Acreage0.1600
  • High SchoolPer Board of Ed
  • Estimated Taxes$9, 747
  • Assesment$318, 250
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

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About Norwalk, CT

Norwalk is a highly diverse city with an exciting blend of lovely residential neighborhoods, thriving commercial enterprises and stimulating cultural and artistic activity.


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Listing courtesy of: Ann Rosati, William Raveis Real Estate  © 2018 Smart Multiple Listing Service Inc. All Rights Reserved.