53 Washington Street, Meriden, CT 06451
53 Washington Street, Meriden, CT 06451
53 Washington Street, Meriden, CT 06451
53 Washington Street, Meriden, CT 06451
53 Washington Street, Meriden, CT 06451
53 Washington Street, Meriden, CT 06451
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$ 650,000
Est. payment | /mo

8 Beds

5 Baths

3,825 SqFt


Save
$ 650,000
Est. payment | /mo
Save

8 Beds

5 Baths

3,825 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,825 sqft

Price per Sqft $169

MLS Listing ID 24177238

Style Units are Side-by-Side

Bedrooms 8

Full Baths 5

Year Built 1900

Annual Tax Amount $7,486

Lot Size 5,227 Sqft

Property Sub-Type 4 Family

Property Description

8.5 Cap On Entry! Fully occupied 5-unit multifamily delivering immediate, stable cash flow in the heart of Meriden. This turnkey asset is a rare find for investors seeking in-place income with zero lease-up risk - all 5 units are occupied and producing revenue from day one. The building has been well maintained and features classic New England curb appeal with a beautifully kept blue shingle exterior and a grand covered front porch with architectural columns. One unit has been fully gut-renovated to today's modern standards - new flooring throughout, fully remodeled kitchen with new appliances, updated cabinetry and countertops, and a completely redone bathroom with contemporary fixtures - providing a clear value-add roadmap for the remaining units as as they turn. The cash flow consistency and upside potential that makes it a compelling addition to any portfolio. Conveniently located near shopping, dining, schools, and major commuter routes, tenant demand in this Meriden neighborhood remains strong.

Location

State CT

County New Haven

Zoning R-2

Rooms

Basement Full, Unfinished, Hatchway Access

Interior

Heating Hot Air

Cooling None

Exterior

Exterior Feature Porch

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Concrete, Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools John Barry

Middle Schools Per Board Of Ed

High Schools Orville H. Platt

Listed by Justin Sudol • Alpha Capital Realty, LLC

Nearby Locations

Kristopher Tramont
Kristopher Tramont

Broker Associate | REB. REB.0794869

+1(860) 884-9511 | kris@kristophertramont.com

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53 Washington Street