Map
Listed price in listed location currency (USD).
$1,800,000

0314

MLS® 24172428

Overview

Key Facts

Type 
Levels Commercial Lease
Size -
Garage 
Date Available 
Days Active 0
Lot Size 
Approx. Age 1885
MLS® Number 24172428

Property Address: 254 & 260 Liberty Street, Meriden, CT, 06450

Average square foot calculated using Size range provided by listing agent.

Description

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 since 2023 (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.
MLS® Number24172428
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1885
Basement
DrivewayPaved, Off Street Parking, Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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