36 Merwin
Norwalk, CT 06850
- 8 beds
- 5 baths
- 4,068 sqft
- 6,970 sqft lot
- $212 per sqft
- 1930 build
- – on site
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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 - $73,203Current Total monthly income: $7,420 / Current Total gross Income per year: $89,040Actual Net Operating Income: $68,343Total Expenses: per year $20,697
Last checked:
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Last updated Nov 1, 2024
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MLS# 99185526 —
The Building
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Year Built:1930
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Year Built Source:Public Records
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New Construction Type:No/Resale
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Roof Information:Asphalt Shingle
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Attic:Yes
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Attic Description:Access Via Hatch
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Exterior Siding:Vinyl Siding
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Foundation Type:Masonry
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Exterior Features:None
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Total Unit Count:5
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SqFt Total:4068
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SqFt Est Heated Above Grade:4068
Location
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Directions:West Ave or Butler St to Merwin St
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Neighborhood:N/A
The Property
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Parcel Number:229965
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Property Type:Multi-Family For Sale
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Property Subtype:5 Family+
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Zoning:D
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Acres:0.16
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Acres Source:Public Records
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Lot Description:Corner Lot
Listing Agent
- Contact info:
- Agent phone:
- (203) 515-8022
Taxes
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Tax Year:July 2017-June 2018
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Property Taxes:9747
Beds
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Beds Total:8
Baths
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Total Baths:5
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Full Baths:5
The Listing
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No
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Home Warranty Offered:No
Heating & Cooling
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Heat Type:Hot Air
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Heat Fuel Type:Natural Gas
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Cooling System:Central Air
Utilities
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Water Source:Public Water Connected
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Sewage System:Public Sewer Connected
Schools
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Elementary School:Per Board of Ed
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Middle Or Jr High School:Per Board of Ed
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High School:Per Board of Ed
The Community
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Swimming Pool:No
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Direct Waterfront:No
Parking
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Garage/Parking:On Street Parking
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/19/18
Mar 19, 2018
|
Sold | SMART_MLS | $862,500 | 23.2% (2.6% / YR) |
|
3/10/09
Mar 10, 2009
|
SMART_MLS | $700,000 | 150.0% (20.3% / YR) | |
|
10/16/01
Oct 16, 2001
|
SMART_MLS | $280,000 |
