53 Washington, Meriden, CT 06451

$650,000
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Active
BEDS8 BATHS5 full SQUARE FEET3,825 MLS#24177238
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished, Hatchway Access
Cooling: None
Fuel Type: Natural Gas
Heating: Hot Air
Home Style: Units are Side-by-Side
Lot Size: 0.12 Acres
Roof Type: Asphalt Shingle
Taxes: $7,486
Year Built: 1900

Feature Descriptions

Days on Site: 22
Exterior: Shingle
Exterior: Porch
Lot: Level Lot
Sewer: Public Sewer Connected
Units: 5
Water: Public Water Connected
Waterfront: Not Applicable

Local Schools

High School: Orville H. Platt
Elementary School: John Barry

Listed By / Shown By

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)

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Estimated Payment

$ 2,260.03 per month $1,446.62 Principal & Interest $623.83 Property Tax $189.58 Homeowner's Insurance

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