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Liberty Street
Meriden, Connecticut
$1,800,000 Price
12 Bedrooms  
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Photo 1 of Liberty Street, Meriden, Connecticut, $1,800,000, Web #: 24069480Previous PhotoNext Photo1 of 40

Lucrative investment opportunity in the high demand neighborhood of Meriden, CT. Fully renovated, two-building package contains 14 units, including 6 studios, 6 one-bedroom, and 2 brand new, three-bedroom units! Units are occupied with strong current tenants, some below market rents. Current owner has invested nearly $500,000 capital improvements over...

Lucrative investment opportunity in the high demand neighborhood of Meriden, CT. Fully renovated, two-building package contains 14 units, including 6 studios, 6 one-bedroom, and 2 brand new, three-bedroom units! Units are occupied with strong current tenants, some below market rents. Current owner has invested nearly $500,000 capital improvements over the past two years (please see attached.) The unit interiors, buildings exteriors, parking lot and major systems (HVAC, electrical, plumbing) are recently upgraded. No deferred maintenance. Solid local management (costs included on the P&L). Investors will appreciate the strong rental history, providing a reliable income stream. Ample off-street parking in newly paved lot is available for tenants, adding convenience and value to the property. Potential for additional income by adding a laundry room in the basement area that is roughed-in and has a separate exterior entrance. 260 Liberty St is a complete remodel gut job 2 family home. 252-254 Liberty St is a 12 unit with newer heating and hot water systems. 10 out of 12 units have been renovated within the past couple years. 252-254 Liberty has a newer roof, newer windows, and the exterior was repainted 2024. 252-254 Liberty St was built 1885. 260 Liberty St was built 1920.

Listing courtesy of Complete Real Estate

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Meriden, Connecticut
Type: House
Price: $1,800,000
Re Tax: $14,009
Approx. sqft: 6,971 sf
Web ID: 24069480

Info & Amenities

Type: Multi Family
Rooms: 35.0
Bedrooms: 12
Bathrooms: 14.0
Built: 1885

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