18 Murray Street
$790,000
5
2
2,048
2,048
$386
Description
A 2-family investment property with 2,048 square feet and a freestanding 2-car garage on 0.29 acres. Located in the desirable Wolfpit neighborhood, this property is one of the few in the area zoned for multifamily use. It is fully leased, generating $5,638 in monthly gross rents, totaling $69,420 annually, with an estimated net operating income (NOI) of $49,726. The property benefits from assumable debt at a 4.125% fixed interest rate, offering a compelling investment opportunity in a high-interest...A 2-family investment property with 2,048 square feet and a freestanding 2-car garage on 0.29 acres. Located in the desirable Wolfpit neighborhood, this property is one of the few in the area zoned for multifamily use. It is fully leased, generating $5,638 in monthly gross rents, totaling $69,420 annually, with an estimated net operating income (NOI) of $49,726. The property benefits from assumable debt at a 4.125% fixed interest rate, offering a compelling investment opportunity in a high-interest rate environment. The property has undergone significant upgrades, including kitchen and bathroom renovations, landscaping, and improved pathways. The well-maintained units are occupied by high-income tenants and benefit from ample parking. Additional income is earned from leasing the garage partially. The property's location provides easy access to local favorites and cultural destinations. 18 Murray Street is ideal for both first-time and experienced investors looking to expand their portfolio with a turnkey asset.
- Listed by Michael Church • Michael ChurchP: (203)-952-0015 C: (203)-952-0015 mchurch.realestate@gmail.com
Property Details for 18 Murray Street
Basement Description
Full, Unfinished, Storage, Interior Access, Walk-out, Concrete Floor
Direct WaterfrontNo
Garages Number2
NeighborhoodWolfpit
StyleUnits on different Floors
Garage Parking InfoDetached Garage, Off Street Parking
Swimming PoolNo
LISTING UPDATED: 11/21/2024 03:45 PM
Property Details for 18 Murray Street
Status | Active |
---|---|
MLS # | 24046595 |
Days on Market | 67 |
Taxes | $10,314 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / 2 Family |
Year Built | 1900 |
Lot Size | 0.29 AC / 12,632 SF |
County | Fairfield County |
Building Information for 18 Murray Street
Stories-Residences2Year Built1900Building Size-Lot Size0.29 AC / 12,632 SF
Property Information for 18 Murray Street
Property History for 18 Murray Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 18 Murray Street
Taxable ValueLand$172,940Additions$264,240Total$437,180
Tax Record2024$10,314 ($860 / month)
Home Facts
Baths2Total Finished SqFt2,048 SqFtAbove Grade Finished SqFt2,048 SqFtStories3Lot Size12,632 SqFtStyleDuplexYear Built1900Year Renovated1973ZoningA1CountyFAIRFIELDAPNNORW M:5 B:19 L:101
Schools near 18 Murray Street
This home is within Norwalk School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Wolfpit Integrated Arts Elementary School PublicPK to 5 | ||
Nathan Hale Middle School Public6 to 8 | ||
Norwalk High School Public9 to 12 | ||
P-Tech Norwalk Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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