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$ 449,900
Est. payment /mo
Under Contract
114 Franklin Street Meriden, CT 06450
6 Beds
3 Baths
3,648 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,648 sqft
Price per Sqft $123
MLS Listing ID 24116133
Style Other
Bedrooms 6
Full Baths 3
Year Built 1920
Annual Tax Amount $7,075
Lot Size 6,098 Sqft
Property Sub-Type 3 Family
Property Description
HIGHEST AND BEST DEADLINE MONDAY 8/11 by 12pm est. Unlock the potential of this unique property featuring two separate homes on one lot - a fully detached single-family home and a charming two-family residence, totaling three rental units. Whether you're an investor seeking strong rental income or a buyer looking to live in one unit while the others help pay your mortgage, this setup offers incredible flexibility. The second-floor unit of the two-family is currently vacant, making it a perfect opportunity for an owner-occupant or an easy value-add for your portfolio. Recent updates include new roofs on both buildings and a brand new front porch on the two-family (2023). All units feature separate electric and gas meters, and tenants handle their own utility bills. Plus, with forced hot air heating, future central A/C upgrades could be more straightforward. Located in a city that provides municipal trash pickup, this low-maintenance property is a smart addition to any real estate strategy. Don't miss your chance to own this versatile multi-structure investment! This one could CRUSH the 1% rule
Location
State CT
County New Haven
Zoning R-3
Rooms
Basement Full, Unfinished
Interior
Heating Hot Air
Cooling Window Unit
Exterior
Exterior Feature Deck
Parking Features None
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 Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Tyanna Housley • Real Broker CT, LLC