New Listing - 01/19/2025

$1,800,000 ($258.21 per sqft)

Est. Mortgage $8,866/mo *

Quick Pre-Approval

252-254 & 260 Liberty Street, Meriden, CT, 06450

252-254 & 260 Liberty Street, Meriden, CT, 06450

35 rooms

12 beds

14 Full baths

1885

Other

6,971 sqft

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.


Status:

Active

Type:

Multi-family

Laundry Remarks:

Hook-Up In Unit 1,Hook-Up In Unit 2

Units:

14

Zoning:

R-2

Garage:

None, Paved, Off Street Parking

Heating:

Baseboard, Radiator

Cooling:

None

Energy Features:

Energy Star Rated, Storm Doors, Thermopane Windows

Basement:

Full, Unfinished

Parking:

12-car

Acreage:

0.23

Est. Taxes:

$14,009

Assessment

$363,790

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

2

MLS #:

24069480


Community Info

School Info


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Listing courtesy of Anthony Kosienski, Complete Real Estate Email: akos.realty@gmail.com