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.
Listing By
Agency Name: Alpha Capital Realty, LLC
Agent Name: Justin Sudol
Agency Phone: (203) 4440566
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 2,260.03 per month $1,446.62 Principal & Interest $623.83 Property Tax $189.58 Homeowner's InsuranceColdwell BankerĀ® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
53 Washington | MLS# 24177238
This multi-family property located at 53 Washington, Meriden, CT 06451 is currently listed for sale with an asking price of $650,000. Search Meriden real estate on www.coldwellbankerchoice.com today.